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Resident in Thailand but paying UK tax on UK assets


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2 hours ago, OJAS said:

and it is (in the view of this particular cynic, at least) clearly in the interests of handsomely-remunerated tax consultants/advisers/agents/experts that they are not!

 

This could be it, explains why its so hard find information freely.

And I'm not sure how qualified some of these online experts actually are.

 

If we paid for tax consultations we could still end up with two differing views.

 

At the moment I am clinging to what Sherrings told me, he answered clearly and did not try to sell me anything even I asked what they might charge to handle the Thai side of things when it came to selling UK property.

 

 

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  • 3 months later...

It’s actually possible to live in Thailand, pay Thai taxes on your local income, and still be taxed on your UK assets like shares and dividends by the UK government. So, while you’re a resident in Thailand, you’d still file a UK tax return for the income you’re generating from UK assets.
If you’re dealing with UK tax on assets while living abroad, it can get a bit tricky, especially when balancing the rules of two countries. You might want to check out https://thevatconsultancy.com/ for more specific advice. They’re great at helping with UK tax matters, even for people living outside the country.

Edited by JodiReachy
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