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Andie **********
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Andie **********
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Andie ***********
@Pete ******
let's assume I am a tax resident in Thailand:

1. Is a UK, company or state pension paid into a Thai bank account subject to Thailand tax. Please bear in mind everyone in the UK is allowed a personal allowance before any tax is due of at least £12,570, some have a higher personal allowance. So although £12,570 is taxable income, no tax is due in the UK as you are allowed that, only if you have income above your personal allowance is that income taxed. So if you had £12,571 income, you'd be taxed on £1, and 20p tax would be due to the HMRC. I can't understand why you'd be taxed on that income in totality in Thailand.

2. You are allowed to take 25% of your pension pot tax free in the UK, either has one lump sum or as a series of drawdown payments. Again, I can't understand if you drew down your 25% in monthly installments and had it paid into your Thai bank account, why that would be subject to Thailand tax.

3. I've never heard on any forum anyone say they've had to pay tax on their 400k, 500k, 800k requirement for visa deposits into a Thai bank.

And this, if you don't bring it in in the year it was earned, rather leave it in your UK bank account and bring it in the year after, how on earth would the Thai HMRC be able to police a deposit paid into a Thai bank account was earned in the UK yesterday, last month, last year or 5 years ago?
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Andie ***********
Are you sure? This is taxable income not tax free income, so the HMRC has assessed it and deemed although it's taxable there is no tax to pay. Why wouldn't that be classed under the DTA?
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Andie ***********
@Pete ******
same question to John Stanners above, thanks, what about bringing taxable income in the UK, but because it falls under your personal allowance you haven't paid tax, can you bring that into a Thai bank account and not pay tax?
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Andie ***********
@John *********
thanks, what about bringing taxable income in the UK, but because it falls under your personal allowance you haven't paid tax, can you bring that into a Thai bank account and not pay tax?
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Andie ***********
@Shanna *************
he means it's been good in it's current format for the last 23 years without any update, but this time it wasn't, he had to get it updated.
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Andie ***********
When downloading a bank statement for the monthly requirement, do they check the regular income? Asking because my statement will show many incoming and outgoings, so worried the regular income will get lost if they don't specifically look for it. This is for Non-O marriage by the way and I'm applying in Vientiane.
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9 months ago
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