
soalbundy
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Everything posted by soalbundy
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I detect a certain admiration for such escapades in the OP's post, he's just too scared to join in.
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Foreign Man's 20K Online Slot Win in Pattaya Sparks Outcry
soalbundy replied to webfact's topic in Pattaya News
These idiots are amazing, they just can't help themselves,......do something illegal, put it on facebook with a mugshot and while you're about it insult the police, what could go wrong? -
Don't underestimate any tax office, they are patient. Taxation possibilities are easy for the state, they just give the order for the technological responsibility to a third party, for instance, your ATM withdrawal could be taxed at source at the ATM, a foreign credit or debit card usage would be the trigger for the banks computer to deduct the tax from the payout once the computer connects with the IO to ascertain that you are a tax resident, it would be the banks responsibility to ensure this, no cost to the state. Modern technology, AI? wouldn't need more personnel, its impersonal you would have to do the running around to get your deductions recognized if you don't turn in a tax form. I've had dealings with British and German tax officials, they are like a dog with a bone regarding their paragraphs but on a personal level they just don't care.
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Whatever you do, whichever method you try, it's going to cost you money in fees or i worse exchange rates but yes you may save some money although at the risk of later being accused of tax avoidance, is it really worth it? Staying for less than 180 days and moving somewhere else for half a year isn't without cost either. Sooner or later the last tax free refuges are going to be plugged because the major world players don't like tax free zones. As the saying goes 'taxes and death are the two unavoidable facts of life'.
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Yesterday I saw an interview with a top Thai tax consultant who said ATM withdrawals are not taxed, probably because it just isn't possible. Wise as a financial platform would mean all transfers are traceable, especially as they land on your bank account. An ATM only lets you withdraw 25K at one time so you are looking at 3 withdrawals a month with the accompanying withdrawal charges from not only your Thai bank but also your home bank 3x a month, over a year that adds up. My home bank charges 5 euros (200 Baht) per ATM withdrawal, a Thai bank between 120 and 180 Baht so over a year you are paying around 7,200 Baht to your home bank per year and 4,500 Baht to your Thai bank makes 11,520 Baht. 150,000 - 300,000 = 5% tax 300,000 -500,000 =10% tax 500,000 - 750,000 - 15% tax and so on climbing up to 35% but not 35% for the whole amount, first 5% then 10% and so on Then there are all the possible deductions from the whole sum, my deductions work out to around 640,000 Baht only what is left gets taxed. I've worked out that I would pay 27,000 Baht tax (687 Euros) for a whole year, that isn't going to break the bank even though paying tax is unpleasant.
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South Korean Woman Wanted by Interpol Found Hiding in Thailand
soalbundy replied to webfact's topic in Thailand News
That or tried 10 inches for an 8 inch throat. -
South Korean Woman Wanted by Interpol Found Hiding in Thailand
soalbundy replied to webfact's topic in Thailand News
Stop being silly. -
Labour Set to Win General Election Landslide, Exit Poll Indicates
soalbundy replied to Social Media's topic in World News
It doesn't really matter, the civil service runs the country. A government can lay down a basic road map and then the civil service, unions, investors, industry, pension funds, stock market and the central bank will tell them if it's possible or not (see Truss). Ideologies don't play a major role, the problems facing the country are the same for Tories or Labour and the logical paths to solving them are the same. The MP's are for the most part not experts in anything except for local politics and so are reliant on the financial experts and academics to guide the cabinet and these experts are basically the same whatever party is in power. Of course party politics and any given geopolitics will water down the advice given. As a signatory to the UN charter there is no easy way to stop illegal immigrants as all Western nations are finding out, so no hope that anything will change there, the more impoverished the 3rd world becomes the greater the number of illegal immigrants there will be. It was the reason for Brexit (as if that could solve anything) and illegal immigration was the reason for the Tories demise, it won't change under Labour. -
Thai Mascot Worker Punched Unconscious by Foreigner; Attacker Sought
soalbundy replied to webfact's topic in Thailand News
someone dressing up in a, usually stupid looking, costume to advertise a product or team. Think Micky mouse or Pluto costume in Disney land. That would be worth watching, Micky mouse getting punched in the face and kicked in the b0ll0cks while prancing about like an idiot. -
Elderly woman in Samut Prakan assaulted by daughter-in-law
soalbundy replied to snoop1130's topic in Central Thailand News
Again, like the case where the son stabbed his bed ridden mother, nobody can tell of the mental strain experienced by care givers. Yes it's appalling that vulnerable people should have to suffer indignities and physical violence, this happens even in care homes where trained nurses are overworked and underpaid. Everybody has a breaking point. Ideally the wife should have told her husband, I can't look after your mother anymore, I'm at breaking point. Fine, now what about the cost of a nursing home, can they afford it? If the burden can't be shared these things will happen over and over again. Ultimately if not enough family members are available to share the strain then it should be down to the state to take up the slack, it wouldn't cost as much as a submarine. I remember watching a program in Germany, Catholic Bavaria, concerning care for old people, where a high ranking police officer said, "If a lit candle was placed on every old persons grave who had been secretly killed by family members, the graveyard at night would be as bright as day." -
Vowing to Stay On, Biden Knows He "screwed up" Last Weeks Debate
soalbundy replied to Social Media's topic in World News
The voting public is fickle and aren't interested in facts. In America especially it would seem. How well dressed is he, will he take away my guns, is he religious, will he raise taxes, will he stop immigrants. Brexit in the UK has been a disaster, it wasn't about sovereignty it was about immigration for the general public, the financial ramifications didn't play a role in their decisions which were simple and focused on one theme. Biden should take one for the team and be replaced with a younger charismatic politician otherwise there is the risk of having an incompetent fascist with dementia in the White house. -
Art toy craze surges in Thailand as adult collectors get creative
soalbundy replied to snoop1130's topic in Thailand News
It would seem there is still too much money in circulation combined with a deficit in good taste. -
Thai man walks 4km for help after being stabbed by homeless man
soalbundy replied to snoop1130's topic in Pattaya News
hmmmm, left to count the money. -
Son confesses to stabbing bedridden mother in Kamphaeng Phet
soalbundy replied to snoop1130's topic in Central Thailand News
I don't get this division between East and West as if we are talking about two different species of Hominid. Thais are no more or less caring for their family than Westerners. Wealth and ability play an important role in both cases as well as the social services on offer which can alleviate the burden. I've known close knit families in the UK who would go to extraordinary lengths to support each other and others who would ditch their families at the drop of a hat, this diversity is no different in Thailand although I think that income challenged families in East or West are more likely to help each other, a sort of reciprocal contract, today you, tomorrow me. One shouldn't judge easily, what comes naturally to one can be an unbearable strain for another. Obviously murder is not the answer but were there other avenues of help available? Where were his siblings (if any) or other family members. Perhaps if we were to walk a mile in his shoes the condemnation would be more muted. -
Do you ever feel like a prisoner in Thailand?
soalbundy replied to bob smith's topic in ASEAN NOW Community Pub
No, 'it is what it is' is always subjective, I for instance like going to my IO, they're a good crowd and we have a good laugh. Some find it nerve wracking. I've only ever had two house visits in 20 years, they last for 10 minutes tops. 90 day reports, once every 3 months, I go in person as the IO is only 20 minutes away from me. Who cares about the news. -
Thai Mascot Worker Punched Unconscious by Foreigner; Attacker Sought
soalbundy replied to webfact's topic in Thailand News
punched him right in the smiley, I don't know, it's my evil sense of humour but I burst out laughing when I read it. Just a friendly mascot getting in your face then wham! The mascot guy probably wasn't really hurt, from the photo it looks more like a jab than a punch but for the mascot guy this could be a nice little earner.