Resident in Thailand but paying UK tax on UK assets

[Asstragal]

Is it possible to live in Thailand and be resident here, paying tax to the Thai government from employment in Thailand.... but hold assets in the UK such as shares, and pay Capital Gains Tax and dividend tax on that UK income, to the UK government without being resident in the UK?

[ailinmeter]

Yes, many people do. There is a tax treaty between the two countries so you wont be taxed twice. I live in Thailand and may tax here on income but also file a UK return and pay tax on investments and property rental.

[Kalisspera]

You can totally live in Thailand, pay tax there, and still have assets in the UK that HMRC will tax. The tax treaty between the UK and Thailand stops you from being taxed twice on the same income, which is handy. But it gets a bit tricky depending on what kind of income we’re talking about. For stuff like dividends and capital gains from UK shares, you’ll probably still need to pay tax in the UK, even if you’re not living there.
I looked into this when I moved abroad, and honestly, it’s not as straightforward as you’d think. There are so many little rules. If you’re navigating these complexities, getting VAT advisory from specialists could save you time and potential trouble.