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Clive ********

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Clive ********

's contributions to the platform. They have posed 1 questions and added 34 comments.

QUESTIONS

Will my UK pension be taxed at 30% in Thailand during the retirement visa renewal process?

77 comments

a month ago

COMMENTS

Will my UK pension be taxed at 30% in Thailand during the retirement visa renewal process?

Clive *********

@Keith ********

thank you for that Keith, was the process at kasikorn straightforward??

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Will my UK pension be taxed at 30% in Thailand during the retirement visa renewal process?

Clive *********

If that’s true Kool, I will be extremely happy. I’ll await my fete 🙏

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Will my UK pension be taxed at 30% in Thailand during the retirement visa renewal process?

Clive *********

@Deby *************

yes I think a mass exodus could be on the cards especially for UK expats

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Will my UK pension be taxed at 30% in Thailand during the retirement visa renewal process?

Clive *********

where aren’t they taxed Kool ? Uk pensions are taxed after first £12,500. Now the lot might be taxed at 30%. Should I be worried ???

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Will my UK pension be taxed at 30% in Thailand during the retirement visa renewal process?

Clive *********

My pension is in draw down status. I don’t have to take any of it and can bring money into Thailand from my savings instead. I can take from my pension pot what I like and when I like, it is not an annuity

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Will my UK pension be taxed at 30% in Thailand during the retirement visa renewal process?

Clive *********

Thank you for all your replies. It looks like my stay in Thailand might not be as long as I thought. Very sad

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Will my UK pension be taxed at 30% in Thailand during the retirement visa renewal process?

Clive *********

Thank you Tim

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Will my UK pension be taxed at 30% in Thailand during the retirement visa renewal process?

Clive *********

mine is in draw down and so far I’m living in the tax free element. How will this affect me do you know ?

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Will my UK pension be taxed at 30% in Thailand during the retirement visa renewal process?

Clive *********

As I understand it , money generated before Jan 2024 is tax exempt, after this date it is taxable at 30% for farang if already taxed in UK at 20% Thai government take the 10% balance. They treat savings as non taxable but you may have to prove it

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What factors are causing the Thai Baht exchange rate to decline rapidly?

Clive *********

I just locked my exch rate today at around 45 baht for next 4 months with smart currency exchange in uk. Doesn’t matter what it does now

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Thai retirement visa pension income taxation UK pension retirement renewal DTA immigration compliance Thai Baht Currency Exchange Rate Forex Inflation Interest Rates Migration to Thailand Economic Trends in Thailand Expat Finance

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