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DrJack54

12 month visa extensions based on monthly income method or bank deposit 3 month

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14 hours ago, wgdanson said:

But are the Belgian Embassy still issuing income letters like the Immigration want?

It seems so far, no report from otherwise.

 I get my L.o.I. ( Not an Affidavit) from the Austrian Consulate in Pattaya.

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8 hours ago, sometimewoodworker said:

Not into my SCB account, it just shows as a normal domestic transfer. 

There seems to be some contention in this. Some seem to get a FTT, others a local deposit as if it came from another Thai account. I was told if transferring Sterling from UK, Thai baht dropped into your local account which came from Singapore.

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51 minutes ago, jacko45k said:

There seems to be some contention in this. Some seem to get a FTT, others a local deposit as if it came from another Thai account. I was told if transferring Sterling from UK, Thai baht dropped into your local account which came from Singapore.

I don't think that contention is the correct word maybe you ment differences.

 

I haven't tried transferring Sterling from the UK and do not know that it is possible. 

 

I arrange a purchase of Baht by TransferWise, paid in Sterling in the UK and paid into my Thai bank the amount of the purchase.

 

as you can see it's a domestic payment, no contention.

 

Other banks and other transfers could be different all I can say is my transfer was domestic 

 

 

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18 hours ago, Mavideol said:

so to understand correctly... we work collect a salary, pay taxes on that salary while working....then we retire collect a misery of what we paid for and still have to pay taxes on that misery of a pension.... double taxation or maybe triple taxation if retired into a country taxing us for the moneys bringing in to such country....

No,you only pay uk tax on the income generated in uk (pension,rental income etc) . There is no paying tax twice (double taxation agreements) and certainly transfers of that income into Thailand are NOT income to be taxed by Thailand. Also you have a current uk personal allowance of £11850 (£12500 from April 2019)on which you pay no tax and 20% tax only on the income above that,until you reach higher rate threshold.

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5 hours ago, jacko45k said:

There seems to be some contention in this. Some seem to get a FTT, others a local deposit as if it came from another Thai account. I was told if transferring Sterling from UK, Thai baht dropped into your local account which came from Singapore.

Your UK bank would have used an intermediary bank (very common) in Thailand to deposit that amount into your Thai account and that would show up as a local transfer.  That is your bank's arrangement for the baht, different currencies can have different arrangements.  You will need to find out from your UK bank which bank they use in Thailand, then set up an account at that Thai bank to avoid the intermediary bank.

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On 12/14/2018 at 8:09 AM, JohnC said:

Thanks. I've looked at this and I'm none the wiser. It is the one I looked at previously and as far as I know the only one in existence. I don't see a section on UK State Pensions or UK private pensions, only bank interest.

 

Assuming though these are liable to tax in each country and the tax treaty does apply then in my case amalgamating all these it rather looks as if UK tax would be less than Thai tax, and so I would be taxed in the UK, as it arises there and then pay the difference in Thailand between that and the Thai tax assessment.

 

Unless I don't remit to Thailand until the following year when as I understand it it does not get taxed in Thailand. What the basis for that is I don't know, because it then becomes savings perhaps? No need to answer that unless someone feels inclined! It would be hard for me to do that now anyway. 

 

But how many register with the Thai tax authorities I wonder? From what I hear, no retirees bother and the Thai tax people are not interested. I'm sure it's different if you are working, especially if employed in Thailand.

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Look again, the opening statement states Income Tax , also Google uk income tax, all income earned in the UK is taxed in the UK irrespective of source, e.g. Pensions, property income, interest , etc that's where the double taxation agreement kicks in. I think you are getting too bogged down, it's a similar argument about resident and non resident for which there are many posts on here . Yes if you are not earning in Thailand why would you want (or need) to deal with Thai tax authorities? I know of one case where an expat declared his UK income to Thai tax office, got a tax bill and the U.K. Response was "earned in the UK taxed in the UK" it took a long time to sort that one out! I hope that helps 

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15 hours ago, Kalasin Jo said:

But how many register with the Thai tax authorities I wonder? From what I hear, no retirees bother and the Thai tax people are not interested.

Maybe more than you think as you can reclaim most/all tax on bank interest, if registered.

FWIW Personally I'm retired and registered with the Thai tax authority, though if it was a good idea or not I have yet to find out.

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15 hours ago, Kalasin Jo said:

But how many register with the Thai tax authorities I wonder? From what I hear, no retirees bother and the Thai tax people are not interested. I'm sure it's different if you are working, especially if employed in Thailand.

I have managed to not bother for many years feeling a sense of not prodding a sleeping tiger with a stick. But I seem to be perpetually pressed to do it to retain my UK bank account, they want a tax number of where I reside. I expect the UK pension might too when I qualify. Maybe best to just bite the bullet, and hey, as someone said, get a tax refunded on the with-holding tax.

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