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Everything posted by Sheryl
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IOD is best idea Did you make sure to wash all clothes, linens etc in scabicide? May reinfect otherwise.
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Nightmare at the Prachuap tax office
Sheryl replied to thesetat's topic in Jobs, Economy, Banking, Business, Investments
https://efiling.rd.go.th/rd-cms/ It is in Thai so open in Chrome You may also find the attached useful, they are English translations of form P90 and its instructions . Not current year but I doubt much if any change P90 is what is used unless income is solely from employment in which case P91 used. -
Visit to tax office, Koh Samui,(today)
Sheryl replied to CFCol's topic in Jobs, Economy, Banking, Business, Investments
If that is a UK military pension it is non-assesssble in Thailand, period. So specified in the UK-Thai DTA. The UK State OAP on the other hand IS assessable. Non-assessable income does not get declared even if you do file. Only assessable income is to be reported. -
Visit to tax office, Koh Samui,(today)
Sheryl replied to CFCol's topic in Jobs, Economy, Banking, Business, Investments
That 100k, altho it goes on the line for expenses, is not an Expense. It is an automatic deduction entitlement for those with pension income (50% up to a maximum of 100k). Has nothing actually to do with expenditures that is just the line it gets put on for some reason. This applies only if there is pension income.- 62 replies
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Nightmare at the Prachuap tax office
Sheryl replied to thesetat's topic in Jobs, Economy, Banking, Business, Investments
That change is in effect and final. It is not a tax law change just a tweaking of RD regulation. -
Yes, you could do that.
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Nightmare at the Prachuap tax office
Sheryl replied to thesetat's topic in Jobs, Economy, Banking, Business, Investments
No, it has always been the case (for assessable income). The only change is that in the past if the money was remitted in a different year than it was earned, it was exempt. That loophole was closed as of tax year 2024. Nothing else changed. People having their pensions or other retirement income remitted here immeditly as recieved, have always been obligated to file except in cases where the pension is non-assessable under the terms of a DTA. Very few have ever done so though, with no consequences that I have heard of. ..and most would have owed no or little tax if they had filed. -
Nightmare at the Prachuap tax office
Sheryl replied to thesetat's topic in Jobs, Economy, Banking, Business, Investments
AFAIK this "chatter" is exclusively speculation by worried expats....and scare mongering by financial/accounting companies seeking to generate revenue. No government source. There are, or at least used to be systems in place for tax clearance for people with budiness visas. Nothing of the sort for retirees or tourists and no reason to expect it. -
Nightmare at the Prachuap tax office
Sheryl replied to thesetat's topic in Jobs, Economy, Banking, Business, Investments
Already abundant such reports including errors in tbe opposite direction eg foreigners who do have a legal obligation to file bring told they do not. People wrongly think verbal statements by RD staff are somehow definitive and legally binding. They are not. It remains the tax residents' responsibility to know if and how they need to file. The system is online and automated. Abdolutely no need or advantage (and, for foreigners, serious DISadvantsge) to an inperson visit to RD office. -
Nightmare at the Prachuap tax office
Sheryl replied to thesetat's topic in Jobs, Economy, Banking, Business, Investments
SS payments are, per the Thai-US DTA, non-assessable in Thailand. Only assessable in US (where often no tax owed). There are financial system reporting systems in place through which RD could, if it wanted, get details of overseas remittances. It does not follow from that, that they are going to invest what would be a staggering amount of work, into screening all remittances against tax filings. Inconceivable to me that they, or any government, would do so. Possible that a selective screening and cross check would be done in cases of very large remittances. -
Nightmare at the Prachuap tax office
Sheryl replied to thesetat's topic in Jobs, Economy, Banking, Business, Investments
Actually they are set up to deal with remitted income if it is assessable. (Though some are apparently unaware of the rules) -
Nightmare at the Prachuap tax office
Sheryl replied to thesetat's topic in Jobs, Economy, Banking, Business, Investments
Non-assessable income does not get "exempted" . It just does not get declared to begin with. The staff are correct that there is no such exemption category in the tax forms. People with non assessable income going into RD offices is bound to generate confusion. And what they want -- some sott of official acknowledgement that their income is non-assesssble -- cannot be gotten. RDs are not set up to issue that, only to assist in filing of assessable income. -
Nightmare at the Prachuap tax office
Sheryl replied to thesetat's topic in Jobs, Economy, Banking, Business, Investments
They all are. Countless reports from all over the country and advice given differs greatly office by office but all that I have seen have been incorrect in one way or another. DTAs aside, remember that RDs only deal with assessable income. Normally a person with no assessable income would never go there and, if RD comprehend your income is non-assessable they are not going to understand what you want/why you came in. Also remember that no need to file in person at RD. Online fillng is actively encouraged. -
Nightmare at the Prachuap tax office
Sheryl replied to thesetat's topic in Jobs, Economy, Banking, Business, Investments
Disagree. Do not try at a different office. There is not a provincial RD office to be found that knows the content of 60+ DTAs. And they are not set up to deal with non-assessable income. -
Nightmare at the Prachuap tax office
Sheryl replied to thesetat's topic in Jobs, Economy, Banking, Business, Investments
You are partially incorrect. You must file for assessable income remitted from abroad if it exceeds 60k baht. No requirement to file non-assessable income that was remitted, e.g. savings from pre-2024 earnings and earnings that are specified non-assessable in Thailand in the relevant DTA. And no way to file declaring non-assessable income. The forms are only for assessable income. No requirement as yet to declare non-remitted income. This may change in future years.- 160 replies
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Nightmare at the Prachuap tax office
Sheryl replied to thesetat's topic in Jobs, Economy, Banking, Business, Investments
If SS is your sole remitted income (or other remitted income is under 60k baht) you are not required to file and my recomnendation is that you do not. If you have >60k in assessable (non SS) remitted income, then file by yourself online reporting only the assessable income. Many provincial RDs do not know what a DTA is and certainly none are familiar with the contents of all 60 odd DTAs....and that last is unlikely to change. Anyone can file directly onlne, no need to visit RD office and, for foreigners with non-assessable income, very unwise to do so IMO. RD does not ask for or want declarations of non-assessable income and there is no way at this time to so declare. You self-assess and file only for assessable income keeping on hand, in case ever asked, proof of remittance source.- 160 replies
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Personally I prefer Korean Air (business class....my back can't handle long hauls in economy). Since I cannot sleep on planes, I take an 8 -10 hr break in Seoul at the Transit Hotel (no need to pass immigration). And I find it best to take a nightime flight Bkk-Seoul so that I arrive in Seoul tired enough to fall asleep, which starts the reset of my inner clock. Board the Seoul-NY stretch having just slept and it gets me in around 9 pm NY time. Like this, I have minimal jet leg. Been doing this for many years. If you are able to sleep on plane might skip the hotel break in Seoul.
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I gavevnot aeard of anyplace here with a generic version. And thet is no generic registtd hrre (I think all brands are still under patent). Ozempic brand runs 10 - 11k a month. Oral rybelsus just a tad less
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Not familiar with it. Is it sweetened? (check the label, though should also be obvious by taste).
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Nobody has ever claimed that fruit causes diabetes. But people with diabetes have altered glucose metabolism which makes it necessary for them to regulate the intake of sugars and processed carbs. The OP is diabetic and is consuming the equivalent of 3-4 servings of fruit at one go, with little else, first thing in the morning.
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The TRD does not grant extensions. Immigration does and there is no indication TRD will ask Immigration to do this for retirement extensions and no reason why they would want to. Foreign retirees are not a tax priority since high percentage of them owe no little of no tax in Thailand. Credit advices show the original source of foreign remittances. In my case they clearly show that every remittance csme from US Social Security. Of course if people are remitting funds that first passed through their foreign bank accounts then proving source would be more complex.
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Revolut Account Funding Questions?
Sheryl replied to WingNut's topic in Jobs, Economy, Banking, Business, Investments
I deposit money into my Revolut card via US debit card and no fee is charged. Seems to arrive immediately. Like you I attempted to link my US bank account, was a mess, never worked well and after a short time it was listed on the Revolut app as "de-activated", never could get an explanation why and none if the Rvolut advice on how to reactivate worked; I gave up as any way debit card was working OK.