Tax Update & Strategies for British Expats in Thailand

📌 In this must-watch tax update for British expats in Thailand, Carl breaks down the latest tax rules, double taxation agreements, and tax planning strategies. If you’re a UK national living in Thailand, this session will help you understand your tax filing obligations and avoid costly mistakes.

🔹 Topics Covered:
✅ New Thai Tax Rules for 2024 – What’s changed?
✅ Who Needs to File a Tax Return? – Clear guidelines for UK expats
✅ What’s Taxable & What’s Not? – UK pensions, rental income, capital gains & more
✅ UK-Thailand Double Taxation Agreement (DTA) – How it affects tax liability
✅ Tax Deadlines & Filing Requirements – Avoid penalties
✅ Excluded Income Sources – What doesn’t need to be declared
✅ Inheritance & Gift Taxes – Important considerations for expats
✅ Smart Tax Strategies – How to reduce your tax burden
✅ Common Mistakes to Avoid – Essential compliance tips

💡 Who Should Watch?
✔️ British expats living in Thailand
✔️ UK nationals planning to move to Thailand
✔️ Anyone with UK pensions, rental income, or investments
✔️ Expats confused about Thai tax laws & compliance

✅ Timestamps
00:00 Intro
02:08 Disclaimer
02:22 Explaining the tax changes
03:17 Key Thailand tax dates
03:44 Official Revenue Department announcements
04:07 Who doesn't need to file
05:18 Who needs to file
05:56 Income taxed in the UK
06:53 What income is taxable in Thailand
07:27 What isn't taxable
08:24 Does everyone have to file a return
09:17 How and when to file
10:06 Double tax agreement and tax credits
11:19 Strategies and tips for UK expats
11:43 How tax credits work in practice
13:01 Tax allowances
13:58 Thailand tax brackets
14:30 More strategies and tips for UK expats
16:34 Case study: non-tax resident
17:38 Case study: tax resident remitting capital gain
20:42 Implications of not declaring
21:54 Q&A Begins Civil Service and State Pensions
23:23 Medical expenses deductions
23:46 Can we ignore the rules
24:39 No assessable income
25:28 Spouse advantage?
28:55 Under 180 days
29:36 Purchasing a Thailand property - is it exempt?
30:28 UK SIPP
31:17 ATM withdrawals
32:50 Under the filing threshold
33:29 How is 180 days calculated
34:01 Under 180 days 2
34:37 When are taxes due
35:36 Capital gains timing
36:20 Are school fees exempt
37:02 Additional allowance for pensions
37:26 How do the Thai government know
38:21 Income when not a Thai tax resident
39:18 Inheritance tax
40:03 Local govrernment pensions
40:16 Cash balances and property sale
41:53 Singapore DTA
42:27 Allowances and filing limits
44:26 Outro

#UKexpats #Britishexpats #ExpatTax #ThailandTaxRules #TaxCredits #ThailandTax

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⚠️ DISCLAIMER: The information in this video is for informational purposes only and is not intended as professional tax advice. It provides general guidance on tax matters and should not be the sole basis for making personal tax decisions. Tax situations vary greatly, and tax laws may change. We strongly advise consulting with a qualified tax advisor for your situation.

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