Raindancer

How can GDP possibly rise with a 500 billion baht debt to raise the digital wallet?

Why are we now being invaded by pop up ads on this site?   

4 minutes ago, UKresonant said:

So that seems to be in line with https://taxsummaries.pwc.com/thailand/individual/income-determination#:~:text=In order to support low,amount not exceeding THB 190%2C000.  with clearer wording.

 

30k+30k(spouse) 150k at zero =210000 baht total at zero tax under 65.

So for the OP

190k allowance+30k(spouse) +150k at zero = 370000 baht total at zero tax over 65. 

So OP does indeed seem to be clear of tax!

 

Still obliged to do a tax return? or no need as nothing due, and just keep all the information if asked? 

 

 

 

Nope:

190k over 65+60k personal allowance + 150k= 400k before paying income tax.

https://www.thethailandlife.com/income-tax-thailand

But we will not quibble over 30k😀

AND....maybe it isn't even going to happen👍🙏🏻

12 minutes ago, Mike Lister said:

Yes I know, we had the same problem when this started. As I recall, it was a RD document that made it clear, surprisingly! I'll look back in the first thread and see if I can easily spot it.

If you scroll down on this link, you will find a reference.

https://www.thethailandlife.com/income-tax-thailand

5 minutes ago, Etaoin Shrdlu said:

My understanding is that the 190k allowance applies in place of the 150k allowance (untaxed first income tier), not in addition to it.

This might help.

https://www.thethailandlife.com/income-tax-thailand

1 minute ago, Mike Lister said:

For ease and speed of explanation to Blackcab, I simply added together the 60,000 Personal Allowance, 190,000 over age 65 allowance and also the 150,000 zero rated tax band, even though the latter is not actually an allowance or a deduction.

Many thanks for the information. 😀

32 minutes ago, Mike Lister said:

The poster is receiving a pension, that means he's over 65 years of age and is eligible to receive the over age 65 allowance of 190,000.

 

190,000 + 60,000 +150,000 = 400,000 whilst income is only 360,000, ergo, no tax is due.

Just for the unitiated, could you please explain  +60000. The 190000 allowance, and the first 150000, I understand. 

Thank you

12 minutes ago, billd766 said:

Rubbish.

 

I lived and worked in 38 countries across the world and nobody FORCED me to live in Thailand.

 

It was MY choice.

 

I was already married in the UK with a wife and son, a good job and a house to live in.

 

Perhaps that is what happened to YOU. I don't know nor do I care but please only speak for yourself, because you certainly don't speak for me, or anybody that I know.

Well said. 

4 minutes ago, billd766 said:

How strange.

 

Perhaps your Wise account is different to mine. I use a Wise Borderless account.

 

When I log onto Wise it shows me ALL my transfers, both coming into Wise and where it was sourced from and the amount, and when I transfer it to the BBK bank it shows exactly how much I transferred, the cost of the transfer, the account number it went to and the forex rate that it was transferred at. It also shows the Wise transaction number so that I can track the transfer.

 

Before I make the transfer I click on "What is the reason for Transfer" and then click on "Funds for long term stay in Thailand".

 

It shows up in my BKK bank account as an FTT transfer and also shows on my monthly statement where the funds came from, the amount transferred, the forex rate it was transferred at, and the amount in Thai baht.

 

YMMV

Thank you for your clarification.  

I agree with all you have said.  And that the wise acct shows where the money came from, and in my case it shows the UK bank it was received from  before transferring to my bkk bank.

But in my case, there is nothing on the wise statement, which declares it as a UK pension fund/ income transfer to Thailand.

And yes, when it arrives in my bkk account, it shows FTT.   But again, no reference to uk pensions.

My UK bank account shows all the pension income.   So, I could link all three documents to prove my income on Thailand originated from my UK pensions, if required to do so.

And I also have a P60 and the UK govt website details with full pension and tax amount paid. 

However, and I am unsure of this, if someone was to pay their uk pensions direct to Wise from their pension fund administrators, it might well show up as income into Wise acct, as a pension payment.

I hope that explains what I was originally trying to post.

22 minutes ago, billd766 said:

When my pensions are transferred to Wise, each payment is listed as a source to say where it comes from. 

 

Yo can download this information from the Wise list of transactions which should be good enough.

 

Alternatively, you could contact your pension provider(s) and ask for a letter stating that it is a pension payment, though that would be a lot harder to get hold of.

Wise transactions to Thai bank only show money was received from UK.   Which some people need as FTT to provide immigration with evidence of the income method for an annual extension of stay.

Wise transfers do not show source  I.e pension funds.

As I stated in an earlier reply:  all income tax and pensions from UK, can be obtained from govt website 

2 hours ago, cliveshep said:

No doubt of interest to many UK expats who live here pretty much permanently. In view of the recent tax bombshell by this new Government here that incoming money will be taxed, I assume this includes pension remittances. Now my pension is paid into my UK bank, being a UK pension it is pretty poor anyway compared to many. I use Wise to transfer it directly to my Bangkok Bank account. Gives me a steady thb30,000 a month, the balance remains in the UK as savings for big items when I then transfer it here. Given that my wife and I live simply that is sufficient for a comfortable existence for us although getting a bit tight these days.

 

My question here:

 

Thailand and the UK have a Double Taxation Agreement, my pension is taxed at source although given the relatively small amount tax is zero. So in principle the Thai Government should ignore it. But - the provenance of transfers is probably obscured using Wise so if I need to how can I show that these monthly amounts are my already-taxed pension monies? This assumes that the Thai Government actually honour the agreement in the first place of course.

 

Does anyone know if I'll need to show where it comes from as it is less than the Thai average income amount anyway? Information on this proposed tax seems scarce, does it have a level  after which it is taxed or is it a blanket tax for all incoming monies?

It is very simple to do,  although I think people are unnecessarily panicking over the " rumour mill" of what will and will not happen.. on this issue.

Log onto your government profile.          Head to the income tax  heading.  There you will find your income, your tax number and tax paid on all income, including pensions.   Print it out.   https://www.google.com/url?q=https://www.gov.uk/&sa=U&ved=2ahUKEwiP0P_z-eCCAxXRTmwGHaikAvwQFnoECAYQAg&usg=AOvVaw2Z6wr8NQItbp3UnjtXGarX

Now copy your P60, which shows income and tax paid on a monthly basis.

Your UK bank statement will verify your pension receipts and wise transfers will corroborate the legality of the transfer from pension funds.

If, and I mean, if you need to prove pension income, you now have the method to do so.

Just now, Phulublub said:

After entering our own details of stay, do we get some notification that they have received it?  Or do we merely attach a copy of the input excel fiule to our passport?

 

PH

I have just screenshot mine, printed out the approval and attached it to my current manual TM 30 issued by immigration.

@Sheryl  Glad you have progressed.  Sorry I couldn't be more help.  Good luck

9 minutes ago, Sheryl said:

You would think so, but it does not accept it, it gives me an error message that it needs address.

 

If you look to the left of what you have shown there is a box that lists approved addresses. Mine is there. But if I fill out the rest and hit "add" I get this error message.

 

Actually the part you are showing is to do a search, not to make a report.  That comes up when one clicks "add" to the left of what you have shown. But I then get the error message about need for address in my profile, even though it is already there.

Sorry to disagree with you.  When I click add bottom left, it brings up a page to fill in the guests details ..name...middle name surname...passport etc.  It does not generate a search.

Please see the image I receive after I click "add"  bottom left on original image to you 

Try using Chrome, because that is where my image was taken from.  Safari produces a different layout and is not as user friendly.

I hope this helps.

I have just checked my online page on Safari and then on chrome.   2 slightly different layouts.

I am not sure about this online system and its uses.  But it would appear to me for those who registered, to add any " alien" who stayed at their premises.  And use the forms online.  See my image.

Therefore, you shouldn't need to add an address, just the details of the guest.   If you click on the " add" at bottom left of my image, it opens a new window to complete your guests' details.

30 minutes ago, Sheryl said:

Really hope someone can help. I have successfully registered but am stuck trying to submit a residence report.

 

On the  main page where it says "Inform accomodation >Search" the box on the left hand side shows my address as approved but the address bar is blank. Clicking "add +" does not add this to the bar (unlike what is shown in the User Guide) nor give that address as an option to select.

 

Rather, I get the message  "Please add "The address to receive foreigners to stay" at Profile Page" even though the address is already in my Profile page.  If I try to "add" I get the error message "The address to receive foreigners to stay data Duplicate" because of course it is an exact duplicate of theo ne already listed.

 

??????

 

 

 

Just a thought.....why are you trying to add your address if you have successfully been approved?

10 minutes ago, kennw said:

Easy to do by Thai Post also. No need to go to Immigration yourself. Include self addressed envelope, the receipt will be posted back to you.

Don't see the need for a receipt, unless you need a residents certificate for driving licence.

Just screenshot, print out and attach to current manually issued one until required for next extension of permission to stay.

4 hours ago, NotEinstein said:

No TM30 issues, probably because we had an online account and, as they requested in September, I made a new account and registered myself on it, along with the German volunteers staying in our residence, so over-riding my return from overseas at the end of August. Some are having issues and getting fined though >

 

I would imagine they are being fined for not reporting after a trip abroad.  Despite police order 2.2 stating no need.  Just doesn't make sense.

Can't see why else people would be fined.  

15 hours ago, NotEinstein said:

Marriage extension today. Previously reception accepted paperwork when having an appointment, but now they insist that the paperwork is check outside first, which means queuing up with those trying to get an inside queue number, or, as we did, poke the paperwork at the officer that was luckily not doing anything. This year they wanted 2 sets of 2 photos outside and 2 photos inside the house - luckily I had 2 pages printed of last year's photos with us. Once accepted inside it took the advertised 20 minutes.

So, any issues with your TM 30 as we discussed in an earlier post?

18 minutes ago, mokwit said:

Slight difference, My Landlady uploaded her father's (the owners) details but did not fill in the address in the data page. I would assume you can register a property in advance of registering tenants staying there, especially as you can register multiple properties, but that might not have been thought through.

I think you might be overthinking this.  Your landlady needs to submit your full details to register you.  

But, remember, that this is primarily designed for those who previously registered on line.  

Existing holders of a manual TM 30 do not need to register.

As I said, I now have two versions of a TM 30 and am not concerned in the least. 

I did it out of curiosity to see if it worked for tenants, and it did.

If you are at all concerned, then perhaps contact your immigration office.

Just now, mokwit said:

You mean it confirmed back that your TM30 was filed after entering just the address, with no further details entered such as name Passport dates etc, or do you mean it confirmed registration of address.

 

The difference here may be that you are registering yourself for your own property and thus details of you are on file whereas property owner and me are not the same in my case.

Nope.  I registered as a tenant.  Passport, name,  address etc.

 I uploaded my passport and my tenancy agreement and received an approval from the site.

I am a tenant not an owner.

2 minutes ago, mokwit said:

Landlady sent info to get passwords and we can now log in however she didn't enter address for fear of cancelling my existing TM30 - we have just had an email reminder to enter address.

 

SO: Is it possible to enter address and save without entering additional data which would lead to a new TM30 filing - I assume you can enter address only without this cancelling existing paper TM30, no?

I registered online, although I already have a TM 30 from some years ago.  I entered my address and received an approval.  I have made a screenshot and printed out the approval.    I have pinned the online TM 30 to the original.

I cannot see that registering online will cancel your existing TM 30.  If it does, it should not matter.

Now you have two that go hand in hand.  Don't see an issue really.

But....the only people who can confirm anything is the TM 30 desk.

Just now, foreverlomsak said:

I'm in the same position, if your extension is before April please let me know how you got on and what problems were incurred, thanks.

My extension is due 10 June, but I always do it 44 days before.  Next year it will be first week in May.

So, keep me in mind when you do yours first.  I really don't think ot will be an issue for us.

3 minutes ago, gamb00ler said:

You need a tm30 receipt to get a residence certificate, which is required if you want to get/renew a driver license or to open a bank account.

Thank you.  But I already have a manual tm 30, and now also registered on line.  So, I will wait and see what happens at visa annual extension.