Ricardo
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Up t'North-West, Lad !
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How it usually works, when the bank update my own savings-account passbooks, they show entries for interest-earned and tax-deducted, on the trivial sums involved. I've never bothered to get a TIN, or file a self-assessment return, to reclaim the tax ... life's too short already. As you say, I don't yet see that principle being extended to automatically deduct 15% from all remittances received by individual expat tax-residents, in the current proposals ... but who knows what the future holds, with a mildly-socialist impoverished-government anxious to fund its promised-agenda ? Confuscious might have said, if contributing to this thread, "May you live in interesting, but less-taxing, times !" ps Apologies Mike, I was typing as you posted, you're correct IMO
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You're tax-resident here, as many of us have been for years, but I don't think that necessarily means that you have to get a TIN or make a self-assessment return. Why trouble the RD, if you don't actually owe them anything, until they say that they do now require that paper-shuffling process ? I certainly haven't registered or filed previously, since I have always arranged my affairs so as to have no assessable-income, using the long-standing prior-year earnings route. This has never been a problem. Like you, I am now changing how I fund myself (plus family) for tax-year 2024, so that I will continue to not owe any tax here, until things become clearer (hopefully by mid-2025). This seems only sensible, to me. If it should become clear to me, that registration and a Nil-return are required in future, then I shall still have remained entirely legal. And I shall rearrange my affairs further, if it becomes necessary, as we learn more about what's expected of us.
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Your tax-residency is determined by your having been in the country for more than 179 days, so I doubt that will work ? On the other hand, having transferred-in little/no money during 2024, there ought to be nothing to declare or be assessed tax on, as we currently understand the new situation ? So you can afford to await developments & clarification. And if you're a US-citizen, as your post suggests, then your DTA should shield you from part of the effects ?
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Thai Airways resolves seating dispute following passenger complaint
Ricardo replied to webfact's topic in Thailand News
Look again, the article clearly says A320, Thai Airways don't even have any A220s, which is a single-aisle plane with 2+3 economy-seating in normal-configuration. The photo is clearly a wide-bodied plane, so not an A320 or an A320, it has to be photoshopped, for comparison purposes. -
COVID-19 infections rising, public advised to wear face masks
Ricardo replied to webfact's topic in Thailand News
My son just spent an uncomfortable 4-days getting through Covid, he's on a short visit for a family get-together down South, whether he got it there or on the flight down isn't known, but it may well be going-the-rounds here again ? My wife & I first had it end-January 2020, among the first to get it, after it reached Chiang Mai on the daily charter-flights of tourists, direct from the source Wuhan. It was a week-long nasty winter-cold (we thought). Best avoided if you can ! I'll definitely be masking-up for my Christmas-flights back to London, en-route to care for my 93-year-old mother, who has every right to live her full-life despite what some anonymous ignorant plonker on AN might say ! They too will reach that age someday, if they're lucky ! -
Would the new PM care to also declare, that the widespread concern amongst foreign-residents about changes to the long-standing arrangements for taxing us, is also a "fake-news" story ? I doubt it, as it's currently still just an ill-considered proposal & internal-instruction within the Revenue Department, so only "semi-fake news". But it IS nevertheless causing very-great concern, and bad-publicity for the country ! Perhaps he might wish to clarify, that in-fact Thailand still welcomes tourists & longer-staying foreign-residents, and appreciates the contribution we all make when creating jobs & supporting our families & paying VAT/excise-duty/airport-departure-tax/land-taxes/immigration-fees, and states clearly that the proposal was all just a bad-dream (or misinterpretation or mistake by a junior official), and that we can all stop worrying about it ?