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Nick ***********
This is a summary of
Nick ***********
's contributions to the platform. They have posed 14 questions and added 1609 comments.

QUESTIONS

COMMENTS

Nick ************
@Andy ***********
if you are in Thailand for more than 180 days you are liable for tax in Thailand regardless if you pay tax in your home country.
Nick ************
@Andy ***********
I pay tax in the UK on pensions and rental property. However, I spend more than 180 days in Thailand and beleive that I sm then committed to pay tax there . I also beleive thatv ny tax paid in UK is offset against tax owed in Thailand. It will be a complicated exercise. Furthermore any assets held before the end of last year are not taxable in Thailand. What I am worried about is the sale if my primary residececand rental property in the UK. Obviously I will pay cgt on the rental since I moved out but the rest is not taxable in the UK. This has the potential of raising a huge tax liability in Thailand if their proposal to tax world wide income goes ahead. If it does I will spend less than 180 days in Thailand in the year I sell. Could save thousands of pounds. This is the situation I beleive is the case after reading a lot of articles written by do called experts. One said that 150k baht a month is below the thai tax threshold anyway.
Nick ************
Assets held before the end of last year are not taxable when brought into Thailand so get the appropriate documents together to prove it.
Nick ************
@Bart *************
no they dont know because I have talked to three and the all said something different.
Nick ************
@Andy *******
should not be a problem to one of the three partner banks but others are limited to
*****
baht as in the photo. You might want to do it in a number of transfers.
Nick ************
My office will also only accept instant access accounts. The reason being that in an emergency you would have access to the funds.
Nick ************
@Danny ******
it needs to be tagged as international transfer in order to renew non o visa based on retirement and I guess other things as well.
Nick ************
@Danny ******
it's not a question about having a problem it is about how the transfer is tagged.
Nick ************
@Kim ********
well maybe the others have had to fall in line.