Thanks, everyone for your 'advice' although I shouldn't really say that.
Yes I am being taxed in both the UK and another offshore centre, that offshore centre does not have a double taxation agreement with Thailand.
I'm under the personal allowance threshold in the UK but the offshore centre tax on everything except the State Pension.
The personal allowance here is THB150,000 which appears to be increased to THB190,000 for those older than 65.
It is unlikely that I will be required to pay any tax and another 'adviser' has queried my resolve to register for tax or even if I need to submit a tax return.
The issue with submitting a tax return is twofold:
- to get any bank interest back that is deducted at source. That'll most probably offset the THB1,000 for submitting the annual tax return.
- secondly will be to get out of the CRS reporting net. If I am not resident in the UK or the offshore centre, then my bank should not be reporting any income to them and I will definitely not have to declare any 'off-shore' income to them. I suppose, in a way, I am maximising my personal allowances.
It's a minefield, to say the least.
Thanks once more for all of your 'advice' and 'experiences'
Vin