Taxability
ข้อสงวนสิทธิ์ในการให้คำแนะนำด้านภาษี
ข้อมูลบนเว็บไซต์นี้มีวัตถุประสงค์เพื่อให้ข้อมูลเท่านั้น และไม่ถือเป็นคำแนะนำด้านภาษีจากผู้เชี่ยวชาญ สำหรับรายละเอียดเพิ่มเติม โปรดดูรายละเอียดฉบับเต็มของเรา ข้อสงวนสิทธิ์ในการให้คำแนะนำด้านภาษี.
Thai tax residents are liable for tax on foreign sourced income if remitted to Thailand. From January 1, 2024, new tax rules apply to income from outside Thailand. If you’re a Thai tax resident and you bring in more than 120,000 THB (or 220,000 THB for married couples) from foreign retirement income to Thailand, you will need to file a Thai tax return. You do get Thai allowances and deductions, and can potentially use tax paid on that retirement income as a tax credit against tax owed in Thailand, but this depends on the specific DTA between the jurisdication where your retirement pension is based and Thailand.
Learn more about tax filing requirements for expats in Thailand by listening to this short podcast.
Yes, UK pensions are subject to taxation in Thailand if you are a Thai Tax resident, which is defined as someone living in Thailand for 180 days or more in a calendar year. Thailand taxes residents on foreign sourced income remitted to Thailand. This includes UK pensions. If you transfer the UK pension to Thailand it is taxable. However, there is a double taxation agreement (DTA) between the UK and Thailand, which aims to prevent the same income from being taxed in both countries. This agreement may allow for some relief or exemptions, depending on the nature of the pension and other individual circumstances. It is advisable to consult with a tax professional to understand how the DTA applies to your specific situation and to ensure compliance with both UK and Thai tax laws. If it is a State pension or private pension, these are both taxable in Thailand. You can use any tax paid already as a credit against any tax owed in Thailand.
Learn more about Double Tax Agreements for expats in Thailand by watching our video here.
UK rental property income is a assessable income source in Thailand. You can use tax paid as a credit against some or all of the potential tax owed.
You can learn more about tax assessable foreign-sources income here
If you living in Thailand for 180 days or more in a calendar year and you transfer (remit) in more than THB120,000 (or THB220,000 for married couples) per year of foreign-sourced income from outside Thailand, you’ll need to file a tax return for 2024.
This includes UK pensions. You can use any tax you have paid as credit against tax owed in Thailand, but it doesn’t mean you don’t have to file and you may have further tax to pay.
Generally, defence/military pensions are taxed in the originating country if a Double Tax Agreement (DTA) with Thailand explicitly excludes them from Thai taxation. Countries like the US, Australia, the UK, Canada, and most EU countries typically include such exclusions.
No, under the US-Thailand DTA, Social Security income is not taxable in Thailand.
Capital gains from the sale of property or shares in Germany are usually taxable in Germany. If you remit the gains to Thailand, you may also face Thai taxation under the remittance rule, but you can typically offset this with a tax credit for German tax already paid.
