marino28
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On 6/5/2024 at 6:56 PM, Dogmatix said:Thanks. If correct, that is certainly worrying. We should wait for direct quotes from the RD or at least corroboration from Thai media to confirm that is their intention. Getting it approved by the cabinet, vetted by the council of state and passed three readings in parliament would require some prioritising to get it enacted this year to make it effective on 1 Jan 2025. They could attempt a short cut by using a Royal Decree to avoid parliamentary scrutiny and process but there is some risk in that, as it could be overturned later in parliament.
For comparison the finance ministry announced that VAT would start being charged on all postal packages from May but to date the order has not yet come back from the Council of State and that is just a Customs Department Order, not legislation.
After the initial news, I did not find any further updates. Considering all the legal requirements that need to be in place to implement worldwide taxation, they might not have enough time to enact it by 2025, especially given the current political issues they are dealing with.
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I can confirm there are now better promotions than before. Just look at the Byd promotion for euro football
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The motorshow is past, but the discounts are still here . Maybe even a bit better .
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Confirm. Went today in tops and Moet was 2149
i think before was like 4000.
lets see if the price of normal wine will also go down in the near future
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I don’t know if I can post the link, but I just read in another place about this plane to tax everything abroad from 2025.
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Anyway even if they are going to go in this way.
I believe cannot be retroactive so maybe they can implement it from 2025 or after but not 2024.
i am correct ?
thanks
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Can you tell has where you saw the price reduction? Thanks
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Maybe a refreshed Seal is coming to China in the near future. Possibly with upgraded battery
https://carnewschina.com/2024/05/30/byd-seal-07-spied-in-china-likely-to-debut-soon-with-lidar/
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Maybe after change visa they will also made some changing at extension of stay .
i am just guessing
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I think this part maybe is important
Group and reduce the code for non-immigrant visa from 17 to 7 codes, which will be implemented by September 2024
I never knew there was 17 different non imm visa. They want to reduce them to 7.
maybe only 1 type for retirement? We will know in the future
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Anyway I am not surpresid the Deepal is selling very well here.
one of the most important things for Thais is look. The Deepal look expensive and posh
the design of the suv in particular is really nice
Maybe when Byd will lunch the pickup , that will be the new best sellers, but we don’t have a date yet and pricing
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Not electric , it’s hybrid but aggressive price cut by MG
at this price point the Mg Vs hev look quite interesting
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Guys I will also like to point out that in the near future there will be new brands that will sell electric car in Thailand .
i am interested in particolare at zeekr and xpeng. So there will be more competition than now.
There will be also more models from Byd and other brands. We are just at the beginning
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Tesla just cut again the price of her cars in China and Us. Let’s see if they will also do it here in the near future
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Another very interesting news.
https://m.arenaev.com/chinese_automaker_gac_eyes_2026_for_solidstate_battery_evs-news-3403.php
gac Aion plan to use solid state battery from 2026
look like the technological advance in the next few year will be quite major.
Many problem for used electric in the future.
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One important consideration when buying a car is also the price you can get when you resell it.
A 10-year-old pickup still has a decent resale value.
An electric car, considering the degradation of the battery and the rapid advancement in technology, will probably be worth close to 0.
P.S. I am not against electric cars and plan to buy one myself in the future as a second car, but math is math.
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27 minutes ago, Pib said:
Not really a game change....just a good improvement in BYD Blade Battery capacity of approx 27%. And that 1000km estimate is based on CLTC range estimation without saying how big the KWH battery size would need to be in a certain car model. CLTC ranges are optimistic....even more optimistic than the optimistic NEDC estimate.
For example, a BYD Atto 3 Extended range with 60.5KWH Blade Battery has a CLTC range of 510Km, a NEDC of 480Km, and a WLTP of 420Km. Say the the Atto 3 battery pack physical sized remained the same but its Gen 1 Blade Battery cells were replaced with this new Gen 2 cell with 27% more capacity it would now have around 77KWH capacity with a CLTC range of around 650Km, NEDC of 610, and WLTP of 535Km.
let’a wait for the details but as far as I understand , there will be bigger range and cheaper price.
https://cleantechnica.com/2024/02/26/catl-byd-to-slash-battery-prices-by-50-in-2024-boom-evs-win/
probably at the end of 2024/ begins of 2025 will be possible to have a battery with a 1000km for the price of a 500km range battery in 2023
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https://electrek.co/2024/04/08/byd-launch-next-gen-ev-battery-more-range-lower-price/
this one is a game changer.
if really in the near future the range go up do 1000km and the price will be even more cheap than now. I think I will buy one ev.- 1
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First I will like to thanks MR Lister for the tax guide.
Second I will like a clarification on this point:
23) YOU are responsible for determining if your assessable income in Thailand exceeds the threshold and means you must file a tax return. That assessable income might comprise a combination of pension payments, investment income, rental income or any of the other types of income listed in the link above. If you have assessable income of over 120,000 baht per year, you must file a tax return (60,000 baht if your sole source of assessable income is bank interest paid in Thailand). We further understand that you are still required to file a return, as long as your assessable income exceeds the threshold, even though there is no tax to pay. There is no penalty however, that we can see, for failing to file a nill return, at present.
As far as I understand if in the year you receive more than 60k THB you have to present a return, but you also have to present a return if the bank already deduct the tax from the amounts?
Actually not only you did not have to pay anything but you suppose to get some money back.
I hope I make clear my point. English is not my mother toungue.
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16 hours ago, Dogmatix said:
I have a practical question about the implications of the new order P 162/2566. I was planning to remit some funds before the end of the year but but these are old savings for which I have no records of tax being paid. The remitting account has also received some income during this year. So I was concerned the remittance could be interpreted as this year's income, if they adopt a LIFO approach. I assume that P 162/2566 may only be applicable from 1 Jan 2024 and that anything remitted before year end 2023 is taxable, if income deemed to have arisen in the same tax year under old interpretation. So, if it is remitted at beginning of Jan 2024, it is too early to be deemed as arising in 2024 and no income came into account yet in 2024. It is also covered by the P 162/2566 exemption for pre-2024 income. Am I missing something?
That’s also my understanding.
everything that is done before 01-01-2024 is not subject to tax even if remitted after that date.
so maybe the best time to bring in the money are the first days of January 2024.
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That’s also my understanding.
everything that is done before 01-01-2024 is not subject to tax even if remitted after that date.
so maybe the best time to bring in the money are the first days of January 2024.
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I think we have to wait for the details.
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Anyone receive the letter for pay the property tax this year?
mine not arrive yet
Electric Vehicles in Thailand
in Thailand Motor Discussion
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Strong discount for the Byd dolphin