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LivinLOS

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Posts posted by LivinLOS

  1. 3 hours ago, matta01 said:

    This is not true for example a Belgian ( European country ) citizen can not choose. You have to pay taxes in the country where you have your income


    are resident. 

    I do cross border payolling and income tax for dual nationals as my career, what you just wrote is not not factual.. Once a Belgian leaves Belgium they are only liable for domestic source taxation, income that arises from a fixed assets in Belgium, things like rental returns, forestry income, etc are almst always taxed at source.. Income is broad but only income made from a specific belgian activity would even have a claim and then the claim would depend on residency tests etc. 

  2. 3 hours ago, AhFarangJa said:

    Something I do not see written about, yet to my mind is a serious issue, and that is the retired people on annual extensions to stay using the monthly income method. Surely, with a sum of about 65,000 per month coming in regularly to meet visa requirements, the taxman will want to get his grubby paws on some of it.   


    Absolutely, this group are literally signing a tax liability and providing the proof of the liability with a bow tied around the top !! 

  3. 3 hours ago, Badrabbit said:

    I pay tax on my 3 pensions in the UK do I now pay tax here too?

     
    You should not be paying UK tax once you stop being resident !! 

    Once you leave the UK you should have filed a P85 which stops you being tax laible in the UK (where you are no longer resident) on all non 'domestic sourced' income.. Ordinary state and private pensions are then untaxed with only armed forces and some civil servants pensions being considered domestic source. 

    Of course the downside of a P85 is that it freezes your UK pension from being index linked and denies you any emergency healthcare on return. However this is the way the system is supposed to work. 

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  4. 50 minutes ago, Grumpy one said:
    I get most of my clothing from stores in Us or from Amazon

    2 to 3 weeks and they are here. 

    I find trying to get gear here is a nightmare

     

    Yeah actually been doing that.. Mixed results but yeh.. 

    But I have some travel coming up and need some now.. Am down from chiang mai anyway doing the wifes 3 visas needed for our summer, and just would like a few fresh pairs.. 

    So.. Tall guy shops ?? Surely a city the size of bangkok must have 38x34 casual fit jeans. 

  5. Any suggestions for jeans shop for a tall westerner ?? 

    Been too long since I was home and my western stuff getting raggedy, need a few pairs of casual fit / non skinny jeans, like a levi 550 / 560 in man sized (western fit 38W 34L). I am 192cm tall but thats hardly hardly a giant needing specialist 'big and tall' back home but its outside of 99% of what I can physically try in chiang mai. So need to do a big city shop and have zero idea of where to go other that pratunam / platinum ?? Hate shopping with a passion also, so desire park, walk in, get jeans, get out, with minimal browsing in a perfect world !!

    Online ordering has also been a gip, Thai sizing seems to run small and even if I can find 38 or 40 Thai sized, they just seem to make the waist fatter so the whole fit is wrong. Thighs tight and too short. Its the fit thats as much a thing as the size, skinny jeans are not middle aged guy fit 😂 No pre distressed, carpenter hooks, or dragons printed on the back pockets !!

    Anyone have suggestions for large selection of large sizes ?? Light casual fit jeans in 38-40w and 34L.. 

     

     

     

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  6. Easy to open a non uk linked bank. All you need is someone to handle a mailing address in Thai

    Step 1 open and fund a nationwide account in uk.. 
    Step 2 change the address to your desired Thai address (they accept this).. 
    Step 3 open a bank account fully severed from the UK.. When they wish to do KYC use the nationwide bank statement for proof of address.. Lloyds Jersey do one with a 30k deposit.. Standard bank is inferior but does it for free with a 5k GBP deposit. Use Thai mobile and mailing address.. 

     

    Maintain the Nationwide account funded for periodical KYC review. 
     

  7. 4 hours ago, BillStrangeOgre said:

    That's useful to know.

    I can park funds in a sterling account here in Thailand and as long as I don't stay longer that 180 days I avoid tax here AND in the UK


    Yes but it would be even easier to park those GBP funds in a non UK linked account outside Thailand and ensure your Thai liability does not happen even if you were here >180 days. 

    Also the secondary factor would be the UK would still have claim on any UK 'domestic source' income, and in fact the UK can lay claim to 'sufficient ties' to the UK (still owning a UK car, uk property, kids going to school) they can be very harsh as the famous Gaines-Cooper case showed. If you pay the liability elsewhere it becomes a tax credit issue but when you try to slip between the cracks, as many western earning Thai resident expats have done its still a lot riskier / harder and you really have to have your UK connections severed. 

    EDIT Gaines-Cooper https://www.blevinsfranks.com/gainescooper-and-uk-tax-residency-the-courts-judgement/

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  8. 4 hours ago, Nordic summer said:

    Race driver lost face big time by reacting this way, as he comes across as an insecure and weak man.

    He deserves to be dragged through the mud for some time and made to apologize to the student.

    Then he needs to go through the long and undoubtfully painful process of adjusting his ego.


    Even his 'apology' is still petulant and 'this person constantly pestered people to use the machines when others use them' type justification.. Its not an apology really. 
     

    Quote

    The assailant, whose identity has been withheld, is a renowned racing driver with accolades including a championship win in a major circuit racing event in 2022. 



    The refusal of Thai media to report even the most obvious of situations against someone of even the mildest notoriety is just beyond comical.. 

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  9. On 2/23/2024 at 8:17 AM, jimn said:

    You havr have the correct answer, but a question to you. Why do you need an Irish visa, that is covered by a Shengan visa. Also if your wife has a UK visa, this also allows entry to Ireland.

     
    Ireland isnt schengen.. An Irish tourist visa doesnt allow mainland EU travel or vice versa. 

    Are you sure about UK visit visa allowing Irish access ?? Other obviously than northern ireland. 

  10. Just submitted the online application for the 10 year UK visit visa, dont really anticipate problems wife had a 5 year in 2017 and we have travelled almost annually since 2009, including most years with Schenegen travel also. She has significant UK and global travel, we are married, no issues with funds, have a UK home as well as a Thai one, etc etc. The app itself should be smooth. 

    Only thing I cant remember from our last 5 year visa app is if she needs the TB clearance test. Online guidance says its not needed if you don't intend to stay more than 6 months, which we don't, I am just concerned that the fact that its a 10 year visit visa means we need to have one. I cannot remember if we did one in 2017 or not. 

    Application (with card fees and VFS) is well over a grand GBP these days so I dont want to get a rejection for a simple thing I should have included. We also have a fairly tight application schedule as I need a UK visa, a Schengen visa and a Irish Visa for our summer holidays this year, each one takes time. 

  11. 49 minutes ago, Morch said:

    When you say overseas credit card, would that apply to withdrawing from a Thai ATM? 

    Probably.. I dont see how they track that TBH.. It will be inward banking remittances they look at.. 

    But if I send it to my wife, who has never done a tax return in her life, is it then her liability not mine ?? 

    The whole thing is badly laid out as it stands.. The idea they intend to blanket tax all inbound transfers fails so many logic tests its not going to happen (if I borrow money for an overseas mortgage, that is a debt not income.. If I am buying a villa or moving funds for an OX visa they want 35% of it ?? Cant happen). 

     

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