Paying taxes

[stevewool]

Are there such things to pay if you move to the Philippines, like tax on your savings if they was in a bank account or are there accounts just like a ISA here in the UK, 

[hk blues]

Just now, stevewool said:

Are there such things to pay if you move to the Philippines, like tax on your savings if they was in a bank account or are there accounts just like a ISA here in the UK, 

Basically, 10% tax deducted automatically by banks on savings interest.  I believe that there are some accounts which are free of tax if investment is held for longer than 5 years - a kind of fixed interest account.  

[earthdome]

2 minutes ago, stevewool said:

Are there such things to pay if you move to the Philippines, like tax on your savings if they was in a bank account or are there accounts just like a ISA here in the UK, 

Banks automatically deduct tax from any savings interest.