@Ian *******

pension payments are assessable income and are subject to Thai taxation on remittance. Only a DTA can exempt a pension from tax.

@Andy ****

perhaps you should bypass third parties and go straight to the information published by the Revenue Department…

@Andy ****

incorrect, foreign income earned in a tax year that you are Thai tax resident is subject to Thai tax even if remitted in future years.

@Andie **********

the fact that HMRC has deducted tax at source is as I keep repeating irrelevant to whether Thailand taxes that income. The UK DTA may exempt that income altogether as is the case with government pension schemes or will allow a tax credit against other forms of income. Using Thai allowances and deductions and full utilisation of available tax credits a basic taxpayer would only start paying Thai tax after remitting more than £39k per year. Sums below that figure would have a net zero Thai tax bill as the UK tax credit would cover it. You would need to get a TIN and file a Thai tax return in order to claim the tax credit.

@Andie **********

no, as I previously mentioned UK tax law is irrelevant when determining a Thai tax liability.

Being paid out tax free in the UK is irrelevant to whether it will be taxed by the Thai Revenue Department. What matters is are you tax resident at the time you remit the lump sum into Thailand? If not resident then it’s tax free too in Thailand. If you are tax resident then the tax free lump sum from your private or company pension is 100% assessable for Thai tax. You cannot get relief from the UK DTA as you have no tax credit available to you. If the pension lump sum comes from a government pension scheme then it can be remitted tax free into Thailand.

Yes you need to return before your extension of stay expires.

@Alexey *********

Bangkok Bank will issue the letter on the day of request providing you agree to freeze the funds for the required period.

@Monica *******

one off fee.

Nonsense.