SHA 2 BKK

So my DTA exempted income that was earned in 2024 should be noted in which section of the tax return?

Thank you good sir for the best answer of the day. I was actually being facetious in my Australian way by posing a question that a certain poster had hedged bets on answering.

So I should file and show my DTA protected remittances?

Yes my thinking too - I also have a DTA protected pension and an LTR Visa - Bank Statements to prove the savings - so unless there is an updated form for me to show these "exempted" incomes I'm leaning strongly to not filing.

But what if it is savings from before 1 January 2023? Must one file a return???

Yeah know too much!

My wife says she will die in the same manner when the aircon is turned below 25 degrees.

Edit: second last paragraph “would NOT allow” not being the operative word.

My wife is not Thai and has a dependent LTR Visa (as does my child). We have lived in Thailand full time for 9 years. Previously we held Elite Visas and she was able to get the refund as it’s deemed a tourist Visa. Customs therefore seem to recognise LTR Visas in a different vein so I don’t think living in Thailand for less than 180 days would allow a successful claim of VAT as it’s linked to the Visa. This does give me hope also that the Revenue Department hold a similar point of view and Royal Decree 743 will hold away with any remittance issues.

IMHO no as it’s pre 2024. But I’m not local Thai Tax advisor. Also your UK Thai DTA should I imagine cover double taxation for future remittances. Though I am unsure of the exact wording. As with all this tax issue there is no one shoe fits all.

100%

I found this quite a poor video. No mention of pre 2024 saving remittances or LTR Visas that via Royal Decree are not subject to the same taxation treatment. Seems like a cage fight, Benjamin vs Siam Legal vs Carl Turner and we are the poor buggers in the audience trying to heads or tails the whole affair.

Yes it does - but the earlier advice oldcpu obtained from the Transport Office in Phuket shows that in the Thai Bureaucracy the LTR Visa is still somewhat unknown. Fortunately oldcpu was able to overcome this.

Thanks for that. I renewed my 5 year licence last year in Phetchaburi no problems with my LTR. However my wife was refused a tax refund at the airport last year on purchase as Thai Customs treats the LTR Visa as “non tourist”. TIT

I’ve not availed myself of their services but I am on the mailing list of Carl Turner Expat Tax. A new Email has arrived titled “Video: Interview with Senior Revenue Department Lawyer”. The RD Lawyer states that if you have no assessable income there is no need to get a TIN and no need to file a return. As I only remitted pre 2024 income last year (end of year 2023 Bank Statements to prove), my Australian Government Service Pension is specifically excluded under the DTA (not the Australian Aged Pension) and I held an LTR for the duration of 2024, I am very comfortable in not getting a TIN and filing a return. But this is not a one size fits all situation. Everyone has different circumstances. But it made it clear again to keep or have access to paperwork especially if you are only bringing in pre 2024 income.

Was it American "Gas" or proper Gas? That is the question. The old bugger will be shaken after that - hats off to him working at 81, but as others have said maybe no choice.

Fun fact Thailand (or Siam as it was known) is the only country to declare war on Australia! Therefore at the end of the war Thailand had to sign a different Peace Treaty with Australia. All other Axis Belligerents signed with the UK acting on Australias’ behalf. Source Google AI. The Australian–Thai Peace Treaty was signed in Bangkok on April 3, 1946, ending World War II between the two countries. The treaty's full title is "Final Peace Agreement Between the Government of Australia and the Government of Siam"

I have the LTR Wealthy Pensioner Visa (got it just as my 5 year Elite expired). My family and I do live here permanently though. No 90 day reports and previous my daughter had an ED Visa which meant the dreaded annual run to Cheang Wattana and different pieces of paper each year. The LTR is perfect for us. Whilst I qualify through my Australian Government Service Pension (DTA Tax Free) I have an offshore company that looks after my investments. Previous I operated BVIs but the changes saw me close them. I’m a sole operator really so compliance time and effort is imperative. I have instead opted to open a company in Labuan, Malaysia. Provided income is only from Capital Gains it’s treated Tax Free. I do have to spend about $US3k each year to keep the company in standing etc and one should visit the Island once a year for the AGM. Quite unrelated to the topic I quite enjoy the place - it’s about 3 hours flight from KL. Like Kanchanaburi - there is a Commonwealth War Cemetery in Labuan and my Great Uncle is buried there after he was killed in the liberation of Borneo in 1945.

Yes seems the BOI want to make it easier to get LTRs and abolish Smart Visas as they overlap. Also the 80k income for two years seems to have gone and more dependents allowed. My reading is that this is a win for the BOI and makes me more confident in our general and tax protections. Story is currently running in The Nation.

I had an appointment but my dad got sick so had to head back to Australia but would be great to hear any feedback. For what it’s worth my Thai Friend who is a lawyer looked closely at the Thai version of the Royal Decree re LTR Visas. His advice was to go nowhere near the RD as I have only remitted pre 2023 income. Assuming there are no further changes, as long as I have evidence of “salting” funds offshore in the previous tax year no visit to the RD will be needed whilst I hold the Visa.

Welcome to the club mate - good work and the best advice was to get on the phone or send an email. They are top bunch at the BOI LTR and without a doubt the best Bureaucrats in Thailand.

Enter Visa Free and go to Chamchuri Square for your LTR Visa. Especially if you are going to stay long term on arrival. Good Luck and Merry Christmas.

Yes and they pay from memory 17% on their Thai Earned Income from memory so they will need their own RD Tax Form. I keep watching the General Forum to see if the RD has issued updated Forms for remitted income earned in 2024. That may give some pointers. As I have only remitted 2023 and pre earnings and have kept my bank statements from 31 December 2023, I guess I will keep a watching brief.

Easy for me I just have to prove I wasn't in Australia for 183 days or more (check) and have no substantial economic or social ties with Australia anymore. Whilst my Pension is still paid in Australia, the family home including pets and children are firmly established in Thailand and I received a ruling from the Australian Taxation Office over a decade ago when we left that I was no longer a tax resident. Hell, they even took my wife and I off the electoral rolls so we can no longer vote in any elections!

No. They are actually encouraging exit through the E Gates. No confusion when you return. A sneaky look at my immigration screen on return last time showed some history so I guess they can easily tell you exited using the gate.