worrab

From discussions I have had with my financial advisor, TINs are only required if you are remitting finances to UK. In my situation because I will be receiving funds next year from an inheritance, tax free in Thailand, this will be sent to my Thai Bank. This is more than enough for myself, wife and son to live on. So my pensions which I used to transfer here will now remain in my UK bank so I have funds for when I visit. Therefore there is no need for me to register for a TIN.

I was under the impression that if you pay taxes in UK then there is a DTT so, on the self assessment form done here, any taxes paid in UK are then credited against any tax owing in Thailand. Surely if there is a DTT agreement then it covers all taxes and not just some. So can you show where it states DTT does not cover pensions?

I had no problem booking in October for 24th November at Hua Hin.

Rational FX have sent out the same!!

In a nutshell, if you remit any finances into Thailand and you live here more than 180 days a year, then you will need to register and obtain a TIN. Then fill in a self assesment form every tax year. Any income taxes paid in UK, for example, will be credited against any Thai tax due. This is IF everything kicks off on Jan 1st.

I think you would need to read this in context. You may well be exempt from paying taxes but you may need to still register and get a TIN?? I do not know hence checking with a Financial Advisor such as Carl Turner who is very clued up on the subject. He has actually had meetings with RD to get the correct information.

From what I can gather, I make you right. If you are remitting money here after Jan 1st 2024, then you still have to register, get a TIN and then file a self assesment. Because of the Dual Taxation Treaty there will be no tax to pay and this would be credited against any tax owed.

You may well be right. You would have to fill in the form showing the income and then show the tax paid in UK? which would then give you credit against any tax that would be owed. It might be worth you contacting an advisor such as Carl Turner who would be able to advise you better than we can on a forum.

Having had a chat with a Financial Advisor (Carl Turner Financial) about the future regarding taxation here in Thailand I have an idea of what will happen. Very simply put, any money remitted to Thailand after 1st Jan 2024 will be subject to Thai taxation. You will need to register and obtain a TIN, take note Cake Monster as just because you do not have a Thai ID does not stop you registering. And with the global approach now coming in and the sharing of banking information, all countries will know what you have and what you have sent here from your UK banks etc. Here is a question that was asked at a Q&A with the RD. Question: If assessable income brought into Thailand was already taxed abroad and you bring that income back to Thailand, do you have to pay taxes again on this assessable income and end up paying double taxation? Answer: There is no double taxation in this case. If you are deemed a a tax resident of Thailand (staying in Thailand for 180 days or more), the tax paid abroad can be credited against the tax paid in Thailand in the tax year that assessable income was brought into Thailand according to the provisions of the Double Tax Treaty to which Thailand is a contracting party. And now the Revenue Department's recent interpretation of Order No. Di. Por.161/2023 presents a major shift. Foreign-sourced income earned before January 1, 2024, won't need to be declared in Thai tax returns, irrespective of when it’s brought into the country. This is very welcome news for expats. Having lost my mother in July, I am now due to receive money from the estate and as this counts as inheritance, is not subject to any taxation here. I am having this paid into my Thai bank account here along with the necessary paperwork to satisfy the RD. I was heavily advised not to put it into my UK bank account as this would then create a polluted account as my pensions are paid into that account. It then becomes very difficult to prove to the RD what is inheritance and what is not when I transfer money to Thailand. In fact there will be enough of the inheritance to keep us going over here so my pensions can remain in UK for when I visit there.

My prices for July 2024 BKK-LGW-BKK Business Class with Emirates are actually cheaper than this year by 20,000THB!!

Perhaps the poster who always seems to be putting the laughing emoji to my comments would like to reveal why!! Do you know something I do not which is why that emoji keeps appearing or are you just trolling as you have nothing better to do. I am going to bet that you do not reply to this post!!!

This comment was stated by Chivas and hence my answer. There are 2 sides to any story.

This comment was stated by Chivas and hence my answer. There are 2 sides to any story.

I can only but disagree with you I am afraid to say. I do apologise but this is why. Back in 2014 I came for a holiday to Thailand with the flights all done on my Lloyds Bank card which automatically included travel insurance. I met my future wife in BKK and flew up to Chiang Mai. Long story short, I contracted diverticulitis which involved MRI and CT scans, 2 major life saving ops in Lanna Hospital, missed flights home, which were rebooked, hotel charges, bank charges and exchange rate charges. Total bill came to over £7k! On return to UK I submitted all the paperwork from the hospital, itemized bill, flight bookings for me and the then g/f, who was returning just to BKK, all bank charges and within 2 weeks had that amount plus extra back in my bank account. Absolutely sterling service and these are the ones that people do not hear about! Only the misfortunes are shouted about.

Sorry as it seems we are on crossed purposes here. I was only discussing the truck and not the crane. 2 trucks side by side would have the weight spread out over 6 axles between them. This has probably happened many times when normal traffic was using the road. As opposed to heavily overloaded on 3 axles! The crane would not, or should not, be attempting any lift unless the outriggers were deployed and sitting on mats, which distribute the weight.

The more axles means that the weight is spread out more. That load equating to around 40t+ on 3 axles!! Does not need working out that it was a recipe for disaster. Think of the design weights for the truck then think of braking capabilities etc. Something was going to go wrong and this time the truck broke the covers, because of overweight, and fell in a man made cavern. Luckily nobody was injured.

Not when it is a rigid and not an artic!! This ten wheeler, Thai, six wheeler, UK, is well over weight and would be carrying a load that should go on a 6 axle artic.

Nobody ever said they were worldwide regulations. And yes, they can take right of way but only if it is safe to do so!! Most of the western world have the same sort of driver training and regulations. Here in Thailand any Tom, Dick or Harry can get behind the wheel with no training whatsoever. They drive emergency vehicles the same way they drive their bikes or cars. None of them have any form of advanced driver training hence the accidents. I think you have now flogged this topic to death to be honest so just accept the facts as they are from the people that now.

Road Traffic Regulation Act 1984 Section 87 The Traffic Signs Regulations and General Directions 2002 Keep left: Section 3(15)(2) Double white lines: Section 4(26)(5b) Zig-zag lines: Section 4(27)(3c) Red traffic light: Section 5(36b) If you Google these you will find out why Georgealbert knows what he is talking about!!!

To be honest Skipalongcassidy, I think that somebody like Georgealbert is going to know a great deal more about this subject than you ever will. Why not just accept the facts as they have been explained to you and look into the relevant sources that have been supplied.

This is where I get totally confused with all of this. I have a State Pension and a Railway Pension. I pay tax on these in UK even though I live here in Thailand. So are you saying that I could be taxed again on these pensions by the RD or is it covered by DT arrangement?

They do not have absolute priority!! If they get caught up in a line of traffic at a red traffic light and they are unable to cross over to the other side of the road, then it is siren off and wait until the lights go green. Then they can weave their way through the traffic to carry on the emergency run. They cannot force traffic to go over the white line at a red traffic light, hence siren off.

Yes but not at 90kms!! You must ensure it is still safe to proceed. Especially in Thailand!

I am just wondering who is putting up the laughing emoji on the posts I have made that are factually correct. Do you know something myself and Black arab don't?

Many thanks and there are those who still seem to think the Emergency Vehicle has absolute priority no matter what!!