
KhunHeineken
Advanced Member-
Posts
5,835 -
Joined
-
Last visited
Content Type
Events
Forums
Downloads
Quizzes
Gallery
Blogs
Everything posted by KhunHeineken
-
Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
No. It was his story, and his narrative. It was the way the amount was calculated that is of interest. Well, they certainly wouldn't know or care about DTA's, would they, hence, the simplistic way his tax bill was calculated, which is my point. Let's all keep an eye out for the TRD "honoring" what foreigners say in relation to their country's DTA with Thailand. -
Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
Or, in 2025. You can't deny it's the perfect way to get farang to go to the TRD office. You don't think the Thai's haven't thought about it? Time will tell. -
What "possible solution" did you put forward, other than blaming the weather? Nothing wrong with some humorous posts, in amongst some helpful posts.
-
How's the new ASUS going?
-
Probably a more honest answer than a Thai mechanic.
-
Upgrading DSL to Fibre - what will i get?
KhunHeineken replied to turgid's topic in IT and Computers
You may have to, but depending on your property, you might be able to pay the Thai guys a few baht on the side and they will run the fiber to where you want your router, then put the ONT there, then it's just a 1 meter ethernet cable from the ONT to your router. The ONT has a quirk. There may be four ports, but the ISP only assigns one port to work. The Thai guys will arrange the port number, but that's the port you have to use. You can't use any of the others. -
Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
Yes, it was that member. He filed, declared, was given a tax bill, paid it, and got a "receipt" to use his word. I predict it's that "receipt" as he calls it that will be required by immigration in the future, whether you have some tax to pay, or not. One's "receipt" could show zero tax owed, zero tax paid, but all good for immigration. More to the point of his post was how they "simplified" the whole tax policy to him remitting X amount, being over 65 and married, therefore he owed Y amount. I also posted this very well may be the way the whole tax policy is implement, nation wide. No assessable, non assessable, pre 2024 savings, DTA blah blah blah. You remitted X amount, you owe us Y amount. Refuse to pay, no "receipt" and therefore no extension. Time will time, but one member has already posted this to be his experience at the TRD. -
Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
I was one of the first also to state the obvious, that a document from the TRD MAY be needed for immigration in the future. I, and many other members that wanted to discuss this possibility had all of our posts deleted, as they were branded as "scaremongering." Discussing what would happen if you were riding a motorbike and crashed into a Thai and killed them, and were looking at either some years in gaol, or around 1 million baht compensation to the decease's Thai family is not scaremongering, but apparently discussing maybe a 10k or 20k baht tax liability was "scaremongering." Go figure. I stand by my prediction that a TRD document will be needed by immigration, if not in 2025, at some stage in the future. In the next 2 months we will have more members post of their experience with their TRD office. Like a jigsaw puzzle, the pieces with come together and we will eventually be able to see the picture. -
ASIO may be in Thailand, and other countries, depending on what / who they are investigating, and there are some federal police based in the Embassies, but they do not go out and investigate. They liaise with local authorities when needed, and that goes both ways, for Aussies in Thailand, and Thai's in Australia.
-
Thanks for playing.
-
I know, no one suggested that you had to, however, you MAY need to produce a certificate of clearance from the TRD for your extension. Don't confuse paying tax with the possible need for the certificate at extension time. I wonder if you would get the same information from another TRD office. You are in an interesting position. The deadline is 31st March. You will do nothing. Your extension is October 2025. If we start reading that immigration require a certificate of clearance for extensions, what happens if you file after the 31st March, but have no tax to pay? Surely you can't be fined if you have no tax to pay.
-
Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
I have just posted in another thread that the TRD may not care about assessable, non assessable, pre 2024 savings, DTA's etc. They may ask for a bank statement, calculate the total of annual remittance, deductions for age and marital status, and churn out a figure you have to pay. Don't pay, no extension. A member has already posted this was his experience. -
Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
I have said from Day 1, we will all have "something" to pay. They are clearly opening up a new revenue stream, and no free passes for farang. -
Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
Yes, you are correct. Some DTA's are "kinder" than others. It's up to the individual to read their own country's DTA with Thailand, but there are quite a few where the source and resident country both have taxing rights. -
It has been discussed here that the Thai's may / will seek to "simplify" this tax policy. I put forward one way they may seek to do it and it is exactly how you describe in your experience. As I have said, assessable, non assessable, pre 2024 savings, DTA's blah blah blah, they will not care. If you refuse, no visa extension. Simple. What TRD office did you go to?
-
Given that western pensions go over the threshold, not unlike many taxes all around the world, it seems to effect the people who can least afford it the most. As I have said in the past, "a little out of a little can be a lot for some people." Pensioners may have to adjust their lifestyle, and budget for this tax bill every year, going forward. The high net worth individuals may just pay it, but could vacate for 6 months, depending on their thoughts about this tax, rather than its affordability. It's the people in the middle that will be interesting. They bring in more than a pension, but are not a high net worth individual. Many could be in that "zone" of viewing this tax as a rip off, or, the tax goes a long way towards paying to live 6 months outside Thailand anyway, so why not leave? 2025 is a test year for this. We will have more official and unofficial data on what demographic decided to do what in 2026. Interesting times ahead.
-
Yes, that's what I said. Members from various countries have posted their country's pension amounts, and then some pretty common set of circumstances, such as, being married and over 65 years of age, and the result was if there to remit all of their pension on an annual basis, they would have a tax liability.