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Graham ******
This is a summary of
Graham ******
's contributions to the platform. They have posed 7 questions and added 947 comments.

QUESTIONS

COMMENTS

Graham *******
maybe they expect u to do a new tm30, first.
Graham *******
did u get a re-entry permit? If not everything gets cancelled
Graham *******
must be in a Thai bank in your name, you can use swift transfer or wise. Remember you might end up paying tax on that money
Graham *******
@Bart *************
The only thing I agree with here is "they are not identical" I have read that there are already legal challenges being considered, if so this is going to be up in the air for years and years and this is the worst cases scenario that could have happened.
Graham *******
@Bart *************
Not correct, if you have an investment trust and you make a profit, let's say you make 1000 quid profit and you pay 250 quid uk tax and then it's assessed in Thailand and the TH tax is 300 quid in Thailand you will pay 300-250= 50 quid Thai tax. By 100% I mean you pay 100% of the tax due in both countries minus any tax credit due to DTA.
Graham *******
Double tax means you cannot pay more than 100% of the tax due anywhere and in total. Having a DTA does not mean you would pay zero TH tax because you paid tax in uk for example. If is not fully clear what is taxable and what is not. In the case of pensions only certain pensions can be paid tax free. Remember there are many "pensions" Government pension, civil service pension, state pension, occupational pension and private pensions. Which of these is tax free is unclear and I think will take years to establish. If an asset is tax in your home country, you can deduct the tax paid against the tax due in Thailand if there is a DTA in place and that DTA specifically referees to that asset.