superal

Agree and Samsung , well ? Friend bought a Samsung TV 4 years ago and it developed a vertical line center screen , after 13 months . Warranty for 1 year only . Not repairable so it was scrapped . Found out the model was only sold in Thailand . So possibly inferior build . Me , Samsung 16000 btu inverter air conditioner 6 years old . The circuit control board kaput . Cannot repair . New board 5-6000 baht . Scrapped it and bought a new Aircon . I have read that Samsungs inverter control boards are not the best . I now avoid all Samsung products

Thanks for the above info . Will you be the writer of the Tax Guide ? Will it have endorsements from the Thai Revenue Department ?

Thanks for your input Mike . Myself and UK friends were unaware of this new Thai tax law and so I posted it for some enlightenment . So as a summary , the new tax laws are written but yet to be shown in the Royal Gazette . As far as I know , there has been no announcement from the British Embassy . ( but I do not want to rock the boat ) . That leaves us in a state of limbo where we just have to sit back and wait . Unless you know different ?

Wrong , it started this year , also I was not in Thailand last September . If you have had enough of the topic don't read it . Go and be pedantic elsewhere .

Thanks for the link . However I must pick you up when you say " small percentage are interested in this . Fact , between 3 & 4 million expats live in Thailand I.e. 5-6 % of the population . I accept that this number will not just be from the western world . Maybe more important is the fact that many expats living in Thailand have only their State pensions . It means a frugal life style and any chunk of tax paid to the Thai inland revenue may have a significant effect . Also bearing in mind that any tax is payable in a lump sum and not deducted on a weekly / monthly basis . It may also involve the hiring of an accredited Thai accountant which is another fee . It is for the above reasons that I am surprised that this event is not more prominent .

In the UK the CEO is implicated in the event of an accident at work . For that reason h&s compliance is paramount as failure to comply could mean prison and a hefty fine . Some might say that in the UK h&s rules are OTT and an encumbrance on working progress . In the UK there are often qualified h&s officers on site making sure everyone is working safely and compliant with a work permit for the daily task and wearing the correct PPE . In the event of an accident at work there will be an investigation by the government HSE and that is serious stuff and an accident may be seen as a criminal act with jail and heavy fines for the C.E.O. For that reason , workplace h&s in Thailand will not change . However if say an American construction company are working in Thailand that may make a difference .

How about this . The Thai government will have access to all foreigners residence who are on retirement / marriage etc visas . so it would not be hard to trace them or their finances , using the D.T.A. No one will come knocking on your door this year but your tax accounts tax have to be submitted by March next year, if indeed this nightmare comes to being . If this tax happens , I have no doubts that there will be expats leaving Thailand for other Asia countries . What I do not understand is how it has been kept so quiet because I have not heard it discussed before in my circle of social life . Just wish that there was some member of the Thai government Tax department who could give a formal statement .

Thanks . This time I opened your link and after a read I found the extract below . So the assumption is that UK State pensions are not exempt from Thai tax . A Thai tax credit will be issued on proof of UK tax paid and offset against income . Or at least that is my interpretation . Do you agree ? PENSIONS 32) Another common type of income is pensions, which may not be straight forward, depending on the type of pension and the country that it comes from. The country of origin is important because there are over 60 different types of Dual Tax Agreements, sometimes called Double Taxation Agreements (DTA’s), between Thailand and those 60+ countries and each DTA is different. As a general rule, most private or company pension, from most countries, appear to be assessable here but YOU will need to confirm that yours is, or is not. As said previously, any tax that has been paid on those pensions in the home country, can be used to offset any tax that is due under Thai RD rules, if the Thai rates of tax are higher and if any tax is due. From another source Details about the double tax convention signed by Thailand The main provisions of a double taxation agreement are related to the avoidance of paying the income taxes twice, in Thailand and in the other contracted state. It is good to know that Thailand signed important double taxation conventions with 59 countries and here we mention the following: Philippines, New Zealand, Pakistan, Romania, Singapore, Armenia, Bahrain, Cyprus, Denmark, India, Estonia, Israel, Finland, Italy, Czech Republic, China, Australia, Chile, Ireland, Canada, Kuwait, Myanmar, Russia, South Korea, Taiwan, Bangladesh, US, Spain, Slovenia, Poland, Switzerland, South Africa, Mauritius, Ukraine, Laos, Indonesia, the UAE, Luxembourg, Nepal, France, Bulgaria, Germany, Malaysia, the Netherlands, Norway, Sweden, UK, Hungary, Vietnam, Turkey, Oman, Uzbekistan, Seychelles, Japan, Belgium, Austria, Hong Kong S.A.R., Sri Lanka, Tajikistan. UK PENSIONS UK Pensions fall into two categories: a) Public Sector (Government): includes Civil Service, Armed Forces and some NHS b) Private Sector: includes UK State Pension, Company Pensions and private pensions 33) The UK/Thai DTA specifically mentions Government Pensions, which can only be taxed in the UK. Private Sector pensions are not mentioned in the DTA and are capable of being taxed in Thailand, unless they have been taxed in the UK, in which case a credit is issued against tax payable in Thailand. TAX RESIDENCY 21) If you stay in Thailand for more than a cumulative 179 days, between 1 January and 31 December each year, you will be and always were considered to be Tax Resident in Thailand during that year, almost entirely regardless of the type of visa you have (special tax exempt classes of visa excluded). It doesn’t matter that you may be Tax Resident in your home country or elsewhere or that you pay tax in those countries, Thailand will still regard you as Tax Resident. Tax Residency and Immigration status (and the visa you hold) are different things. Tax residency is based solely on the number of days you spend in Thailand. A day appears to be counted using the entry and exit stamps in your passport, unlike many other countries where it is determined by where you are at midnight. The number of days counter reverts to zero, on 1 January each year. So for some expats in Thailand 179 days from Jan 1st 2024 , there after they will be subject to Thai tax laws

Thanks and I hope you are right . However after searching on Google I cannot find any statement to back you up , only info shows similar to mine . Has there been an amendment which eliminates tax on pensions ? Starting January 1st 2024 and counting 180 days residency , after which the new rules kick in

Can anyone enlighten or confirm that the new income tax rules affect long term residents in Thailand . Extracts below . Released on September 15, 2023, Revenue Order 161/2023 dictates that starting from January 1, 2024, any foreign income, regardless of its source (be it from employment, business, pension, or overseas assets), will be subject to taxation in Thailand upon its entry into the country, regardless of the year in which it was initially brought in. The Common Reporting Standard (CRS): Alongside the recent revenue order, Thailand has formally embraced and implemented the Common Reporting Standard (CRS) in 2023. The CRS serves as a global financial information and reporting standard designed for the automatic exchange of tax and financial data on an international scale. Under the CRS, every bank, financial institution, and about 114 other countries are now legally obliged to report all information pertaining to accounts held by Thai tax residents in the reporting countries to the Thai Revenue Department. What is the CRS? In essence, the CRS functions as a global financial reporting system, enabling countries to share financial data about each other’s residents. Developed by the Organisation for Economic Co-operation and Development (OECD), the CRS facilitates the automatic exchange of financial account information between tax authorities worldwide, aiming to combat tax evasion. The information shared through the CRS by most offshore or local banks for expats (if located in a CRS reporting country) and financial institutions includes comprehensive account details, and balances, as well as specifics of all deposited income, encompassing interest, dividends, and sales proceeds from financial assets. What Information is Shared? The CRS mandates financial institutions to gather and disclose specific details, including account balances, interest, dividends, and other income derived from financial assets. Therefore, if you maintain a bank account or investments either domestically or internationally in a CRS reporting country, your bank and financial institutions are obligated, under the CSR, to convey to the Thai Revenue Department comprehensive information about your accounts. This includes all pertinent details such as your name, address, and account numbers, along with a breakdown of all balances and particulars of all deposited income. This encompasses various sources of income such as salaries, pensions, interest, dividends, and proceeds from the sale of assets, each categorized and classified according to the different income types recognized by your bank.

My take too . Yet some posters prefer to condemn the 2 NZ guys on this video only and do not consider the total event . More to this altercation than meets the eye . Sorry to say that the 2 guys have little chance of reprieve . Have not heard of when the case will take place and if a public or private hearing .

Can anyone recommend an electric shaver that I could buy online . I do not want an unknown cheap shaver . Years since I used one . The last one was a Philips with 3 cutters but I never got a close shave or anything like a wet razor shave . Is that possible now ?

A bit like you when I asked for a link , ref " The 2 NZ guys case " . You said , find it yourself . So you ignored my question .

Link ? cos I have not read that and anyway when are we going to hear the NZ guys statement ?

No relevance from your quote to the case in hand . Video evidence showing someone firing a gun and killing someone is conclusive but that is clearly not the case here . We have watched a NZ guy trying to disarm a Thai cop ( I wonder why ? ) and then the unloading of the bullets , for a good reason . The gun then given back to the cop . What we are told is that the 2 NZ guys failed to stop at a check point , also 1 of them did not have a licence . Cop pursued them and caught them at a noodle shop . At that point there is no video of what happened but I can imagine what did because of the NZ guys reaction . I am reacting to the facts and not conjecture .

In a court of law ( Western World ) , you need all of the evidence to come to a verdict . That video is only a part of the altercation . However T.I.T. so the correct law enforcement and correct conclusions are not always applied . It will be the cops word against the 2 NZs . Guess what the outcome will be ?

Enforcing the law ? So will the motor bike boss get done for renting out to someone without a licence ? I doubt it . Because the cops would lose money if everyone held a licence . Next thing you will be saying " there is no corruption in Thailand "

Exactly . I reckon in NZ they would not be able to rent a motor bike without a licence but in Thailand it seems you can do . Apologies , my grammar was confusing . I should have proof read it but a good spot by you .

Agree and cannot judge this event when there is just the one video , all in favour of the cop . Will the court case be a public hearing ? because the 2 NZ guys must be heard for their reasons to tackle the cop . Phuket is full of tourists . Many hire motor bikes . Thai law says that the renter must hold a licence . The licence is rarely asked for by the proprietor . Cops know this and the motor bike tourists are easy targets for fines . All part of the corruption chain . Easy money for the cops . Most Western tourists come to Thailand and assume that the laws in Thailand will be similar to those of their home country but that could not be further from the truth . There should be a health warning for tourists planning to visit Thailand . The Thai government have to answer why their laws are not enforced and the motor bike proprietor should be fined for renting a bike without viewing or asking for the renters license .

That is my take too

Wizz web home page . Even with my VPN turned off my access is denied . Strange but I can talk to them via email but not on their live chat .

Hearing probably not in a public court ?

Problem solved . All down to 3BB and their intermittent internet feed . Today a OOkla speed test on wifi showed 212 down & 210 up . Thanks to all who tried to help me . This morning 3BBtold me they were having problems . Full speed internet within 1 hour , good for 4 hours then off again for 1 hour , now on again and all programmes working

We have no video of what led up to the scuffle . However if the cop had been holding the gun and threatening to shoot them what do you expect ? Conjecture ? maybe but I would like to hear the full story . All ways two sides to a story but the NZs guys account will no doubt be ignored . What we do know is that the two NZ guys did not stop when told to and one had no licence but does that warrant a shooting ? More to this event than has been disclosed .