Negita43

Yes that was what I was asking since taking money out of an ISA is completely tax free (and doesn't have to be reported to the tax authorities) so if I then send this to Thailand what is the status of that money since it's not taxable in the UK (and is it covered in the DTA agreement - I think not as I think ISAs came after the DTA agreement)

I'm sure this is not the correct place to post this BUT - since last night's maintenance lock out the "go to the top icon" seems to have disappeared?

I did ask this q before but the thread is so big I cannot find it again to see if there were any opinions on it. In the UK citizens can put up to 20K each year in an ISA (this can be a cash ISA or stock and shares) - all income, profit and withdrawals are not subject to UK tax and indeed do not have to be declared on a tax return. Equally if you are out of the UK for a time abroad the ISAs you have can be retained but you cannot add more money during your period of absence. So does anyone have an opinion as to how this will fit in with the new rules effective Jan 1 2024

The world is full of people who let others do the "thinking" for them and look where that's getting us.

Thanks again - as I am sure you will have realised by now I am a complete novice on the subject of EVs

I stand corrected BUT it a tax just the same????

Thanks for the info But what about where they connect to the motor? I assume they have a + and a - terminal with leads out to the electric motor????

I have a question about EVs - most of the diagramatic pictures I see show the battery pack at floor level. With Thailand having a great propensity to flood might that be an issue?

I think what people are complaining about is not having to pay taxes here in Thailand as they already do (sales tax). What they are complaining about is possibly having to pay tax on bringing money to Thailand that they have already paid tax on in their home country. Even with reciprocal tax agreements that are open to interpretation by different officials and may involve lots of extra paperwork there are genuine concerns about paying tax twice what is your money.

Agree but my strategy is to move a couple of million (baht) here before 2024 that would keep me going for a couple of years while I wait and see/

Every little helps - apogies to Tesco

Digital Wallet and taxing income from abroad? For the source of the money, which is estimated to total about 560 billion baht, Mr Julapun assured that there will be financial sources to fund the project.

Both

Just a question: Surely whatever means they use for "collecting" what they see as their rightful dues ???? cannot start until 180 days into 2024 as only then can they ascertain the length of a persons stay and hence if they are a tax resident and even then people may take trips out of the country during the course of the year. So I don't see how they are going to collect the tax until at least 2025 Of course they could collect via banks receiving money and them tell you to request a repayment depending on your tax statusat the end of the year - ho ho

I use WIFI to control central heating (Google Nest linked to a combi boiler) set to the insurance requirement of 15C. Camera on door for security BUT it is always a worry and the journey each year to and from at 80 is getting more and more daunting so I am probably going to sell up - then no worries about that but of course plenty of worries about other things linked to commiting to spend the rest of my life in Thailand. In my opinion governments (all) just want to restrict our freedoms more and more.

From previous post by me about ISA should have read: 20K each year to be invested Apparently too late to edit original post

This topic is becoming very cumbersome to read (although of course very important) so apologies if this question has come up before. In the UK they have 2 special "wrappers" for money, one of which is an ISA - ISA's allow up to 20K each to be invetsed (money or stocks) and all income and gains are tax free so how does that fit into this new system? The other is a SIPP (self invested Pension) - money taken out from this scheme is taxed at (I believe) 25% same question as above - how does that fit into the proposed regulations?

There is a GUI version called Zorin I believe VINE allows you to run windows apps Not sure about video editing but all the others are available

Obviously you've been here far too long - if calling people stupid just because you don't agree with them isn't aggressive then at the very least it's arrogant.

I wonder how long it will work for you especially as you seem to be quite a agressive person - just state your opinion without the rancor.

As far as my experiencee is concerned - I worked here for several years whilst "over 70" and I declared my income every year and was told exactly that by the tax office BUT that does not clarify which "rule" overrides the other ie tax on income from abroad or tax for over 70's

Glad to have helped

But the suggestion to consult a tax consultant was good wasn't it?

Just for clarity does a non O visa extension mean I am a resident (I thought it meant just the opposite) - I think the concept of residency is (as in most countries) blurred and confusing. Finally, there is an old saying "two things you can't escape - death and taxes" For me it's a matter of which comes first????!

Some time ago I asked for a credit card at SCB and was told as I was over 70 "government rules" say I cannot have one - anyone know if this is true?