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Harveyboy

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Posts posted by Harveyboy

  1. 13 hours ago, DrJack54 said:

    I asked previously re if daughter actually has a tourist visa.

    Some folk refer to "tourist visa" upon entry when they actually mean entering on visa waiver.

    You mention 30 day visit.

    Why would she bother with a tourist visa when visa exempt entry is available.

    The point is if flying visa exempt she may require onward flight by airline at departure. 

    13 hours ago, DrJack54 said:

    I asked previously re if daughter actually has a tourist visa.

    Some folk refer to "tourist visa" upon entry when they actually mean entering on visa waiver.

    You mention 30 day visit.

    Why would she bother with a tourist visa when visa exempt entry is available.

    The point is if flying visa exempt she may require onward flight by airline at departure. 

    sorry just spoke she is arriving on 30 visa exempt..tks

     

  2. 14 hours ago, soi3eddie said:

    How did your legal representative or accountant allow this to happen? Oh, seems you didn't mention having one. Could have saved you tax on minimum of 300,000 Baht if you had used one! And people ask "why use a lawyer"? Most lawyers here are fairly tax savvy IME. Maybe the tax on the difference is same cost as getting professional advice. Zero sum. Move on. Educated for next time.

     

    the sale went via a very large well known company .whose name obviously I can't put I was under the impression their legal side sorted all that out as they did when I bought it .I've since contacted my accountant who is sorting it out ..but yes must agree legal representation is a must ...just that I thought I had it ..tks H

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  3. 22 hours ago, scubascuba3 said:

    You need to ask the agent and\or land office for the breakdown. BTW tax when closing a company can be much higher than you think as the property gets written down in value every year so profit will be based on this new much lower cost

    tks mate I'm looking into doing that ...but I think a few problems may arise 

  4. 21 hours ago, FriendlyFarang said:

    Their gain is that they don't have to pay tax on the 300k, because you are paying it.

    The correct way would have been that the buyer gives 1.5 million to you, and you pay 300k to the agent for his services after he issues you a proper invoice. Like this you would have 1.5 million income, and 300k expenses, all traceable, so you would pay tax on the 1.2 million profit.

    Ask the agent for an invoice for the 300k, but I guess he will just disappear...

    exactly my thoughts mate tks for the reply

  5. 2 hours ago, Skallywag said:

    This strikes me as things you would do before you retire! Fatherhood at retirement, basically means you are not retired as you have many responsibilities to others.

     

    Good for you!  Hope there is a Mom involved

    yes mate loving wife and mom ..these are some of the happiest days of my life ..got 7 kids eldest 45 youngest 5..still some diesel in the tank eh mate   ha 

  6. hello guys has anyone sold property here and not had a receipt for the difference between the money signed for at land office and the money actual received..

    Ok I'll try to keep this brief..I had a condo in Pattaya hadn't lived on it for years was empty I live up north so I decided a month ago to seek spoke to an agent who said had buyers lots of them all russian so he would be also working with a Russian lady who  also sells property..it sold in 10 days buyer put deposit how this was done so quick was the agent said they had sold 3 that week all in company name same as mine how they did it was 

    Close company 

    Put in foreign name 

    ...I told them how much I wanted the same price I paid 1.2 mil I told them whatever they sold it for was up to them 

    so they said the cost to sell it would include cles company ..foreign name ..transfer fees ..and of course the sales commission they sold it for 1.5 mil 

    now this is where I'm confused yesterday I signed the papers at land office 1.5..even thoni only got 1.2 the rest was paid to the agent for all the other stuff but no receipts or paperwork given for the 300.000 so when the company finally closes I will be paying tax on the money I actually paid out anyone had this experience is it normal 

    the way I looked at it in England I was a builder if I did a job say 1000 quid and the materials cost 400 quid I'd pay tax on 600 

    that's how I'd expect it to be here...sorry for rabeling on but it's the only way I can try to explain what happend   any help appreciated.no jokers serious replies thanks 

     

     

     

     

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