
jwest10
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New Tax Rules for Expats in Thailand Spark Concern
jwest10 replied to webfact's topic in Thailand News
Who knows but the lawyers stated 2 different deoartments but any country in the world would not sniff of getting more taxes from the general public Thais and Foreigners in Thailand but many woll not be over the threasholds but whether the Authorities will chase up is anyones guess. -
New Tax Rules for Expats in Thailand Spark Concern
jwest10 replied to webfact's topic in Thailand News
Mike, I thank you again and others and again this has been covered many times before by Mike and indeed there was tax lawyers explanation on this site and unless you are filthy rich, the vast majority will be under the Thai tax thresholds and there are quite generous allowances available. As for a Tax return and if not exceeding the allowance then why do you need to fill in a tax form. Also, in many posts it seems it will be extremely unlucky to be pulled up on this but sometimes in the Western world one can get fined. I have seen some posts and stating it might be linked to your yearly extensions but have been led to believe this is a different department but in due course who knows in Thailand and some things change quickly in Thailand. Why this ascome up again, I do not know but there are extensive posts on this forum and you just have to look up the subject matter. Cheers all -
Red Bull Heiress Sues for Defamation Over Son’s Hit-and-Run Scandal
jwest10 replied to webfact's topic in Thailand News
Many other countries around the world are totally messed up too and yes money and power do make a huge difference. -
British Tourist Injured in Gang Attack on Bangla Road, Patong
jwest10 replied to webfact's topic in Phuket News
Yes, agree but sometimes one has to and yes even all families have arguments but soon forgotten but everywhere in the world why do so many go out with weapons on them and not self- defense. Very very sad and under the influence of drugs and Alchol and then drive off. -
Aussie Woman Reveals Harrowing Tales from Infamous Thai Prison
jwest10 replied to webfact's topic in Thailand News
Yes, well no surprise there and stupid people buying the book and yeah what about the drug dealers who ruin the lives of other people I know they could say no and yes they are the scum of the earth and many drug dealers are never caught and brown envelopes??? -
Premiership football and euros 2024 what channels please
jwest10 replied to jwest10's topic in General Topics
Yes, I tried them all at 13:45 and yes noticed insecure as most of them are and it does not support HTTPS but can get into the sites and will try when a game comes on. Indeed the Authorities seem to be tightening up and just a week ago got football matches WWW.ufa1913.com and choose in blue box warp football but not any more as stating no site . Also dooball66 dooball168hd dooball66.tv one I tried last night beesport.tv got a trial but yet to test a match on it. Thanks a lot again and appreciate it very much but some of the subs on others are ridiculously high. -
Premiership football and euros 2024 what channels please
jwest10 replied to jwest10's topic in General Topics
Thanks so much and yes will try these but many other seem to have been blocked of no longer in existence sind last weel Appreciate your help thanks again -
Premiership football and euros 2024 what channels please
jwest10 replied to jwest10's topic in General Topics
Ben tried google and many sites not sure of and seems very technical but will wait until the Euros as nothing as been listed yet Thanks all -
Hi Folks I have a maturing debit card coming up and just wondered if any have renewed and think to know the procedure and in my name Yes, my understanding is that the current bank passbook, existing debit card, Thai ID card, British Passport. Anything else but notwithstanding go in to my local branch. It should be straightforward forward but hearing other people with other banks having a heck of a lot of paperwork to do and going back 4 times and they may have had the account in joint names and an update on the old bank passbook. Thanks for any help and appreciate it
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Thanks everyone but so few are available know
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please, what are the channels for the above matches and it seems there are hardly any left thanks all.
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Yes in Kanchanaburi and just on 17 years have never known it to be so very hot and well over a month with temps well in the 100s and don't forget this is in the shade. We had our first rain the other night and we had electric outages and for well over 4 hours but it cooled a bit but not for long and today Monday the temp well in the 40's. Yes, drinking plenty of water but impossible not to have a couple of beers sometimes and that means going down the road for overpriced but cold beer in the past walked to the main village a 10 to 15-minute walk with more varieties.
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Mike Thanks again and I really appreciate all the help and information to myself and so many others and lol sorry about the lack if technical terms. At the moment my total income is approx 1k sterling and say exchange rate 42 and not sure what exchange rate would be used but approx Baht 514584 so my tax exemption is higher. Thanks so much, Mike and yes will wait to see about the Tin later on but think I read that even though no tax to pay there could be a penalty charged but not sure of this.
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Hi Mike and not directly answering your last post but heard Carl Turner on the podcast on the Taxation of income and seems to be a lot better understood. Mike in addition I thank you again for all your input and yes some other posters. There are still areas of concern and confusion but for the average ex-pats it seems ok but for those very high-income individuals much more complicated. Just to recap my understanding of these new rules:_ EXEMPTIONS AND DEDUCTIONS Over 65 (OAE) 190k Baht 1st Exempt Tax 150k Baht Personal Tax 60k ? Personal Tax Spouse not working 60K? Pension Income including State 100k maximum TOTAL 560K Yes more than the income coming in and no tax pay payable and does this seem correct and then again do we have to fie a tax return in March 2025 Not yet got a TIN as yet? Thanks, Mike and others and for all your help John PS i DO NOT WORK BUT CAN USE THE ALLOWANCES OK? AWAITING A REPLY BUT AS YOU CAN ALL IMAGINE THERE ARE A HUGE NUMBER OF QUERIES BUT THEY PROMISE IN TIME THEY WILL REPLY.
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Frozen pension policy turns British expat's dream into a nightmare
jwest10 replied to snoop1130's topic in Thailand News
Typical ignorant post but one we used to it for many decades and no one knew about this barbaric policy and we have our wonderful Thai families to look after. GRRRRRRRRRRRRRRRRRRRRR -
Frozen pension policy turns British expat's dream into a nightmare
jwest10 replied to snoop1130's topic in Thailand News
The same as normal from 650 of the scum and vermin NOTHING GRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR -
Frozen pension policy turns British expat's dream into a nightmare
jwest10 replied to snoop1130's topic in Thailand News
Typical ignorant post and no one knew about this barbaric frozen state pension and we love our special Thai families. No, we did not know and this answer is typical of so many over many decades GRRRRRRRRRRRRRRRRRRRRRRRRRRR -
Frozen pension policy turns British expat's dream into a nightmare
jwest10 replied to snoop1130's topic in Thailand News
NOTHING DONE AGAIN AND AGAIN GRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR AND THEY WANT US DEAD ASAP SO NOTHING IS NEW THERE THEN 650 OF THE VERMIN AND SCUM -
Frozen pension policy turns British expat's dream into a nightmare
jwest10 replied to snoop1130's topic in Thailand News
qUOTE Frozen state pensioners beginning to feel the pinch and shocking many with many decades and Asean news and others please get your facts right. Many of us have been struggling for a few decades and looking after their wonderful Thai families as best that they can. GRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR -
mIKE Yet again thanks ever so much for all if your hard work and yes there are different reads and on behalf of everyone many thanks and not sure about tax forms etc and never submitted one here. There is a Zoom meeting tonight at 5 pm in Bangkok where 2 tax experts but think you might have covered it. Mike thanks so much for the information and the work that you do
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Yes. we have all read and heard conflicting reports on the above matter with no clear instructions but today 24th April see a Zoom meeting with a couple of Tax experts at 5 pm time tonight. We all know Dave Cameron of the UK Government has been over from the so-called UK government and has been heavily involved with this. Cut to the chase all pensions and that including the minuscule UK State Pension and the transfer of monies to Thailand are deemed to be taxable income. We all know that the UK exempt tax for income tax is bout 12,750 pounds. In Thailand, the threshold is these:_ a/ 1 to 150k Bant is Exempt b/ 151K to 300K Income Tax is 5% c/ 301k to 500k Income Tax is 10% d/ 501K to 750k Income Tax is 15% e/ 751k to 1 Mill Income Tax is 20% There are others of course but most will not be in those brackets. Many of us and I have enquired about the addresses of the Tax Office but not one reply and for many pf us we have no tax reference and guess we just have to wait and see. I have not discussed it with my Thai wife as yet as like to keep things and let me do the worrying and let them chase us? One thing is for certain we are going to lose more money and yes less money for our Thai families to live on. Don't the Authorities not know us ex-pats provide the bulk of the money but same same throughout the world but anyway they can get us poor peasants to pay more, they will and more than likely going in their own back pockets and huge bank balances. One question I was asked by a so-called Tax expert is how old am I and am I married? Many of our spouse do not work for a company and do not pay income tax but are they entitled to the first 150k Baht and can be added to their married spouse and do not think so but a strange question to ask. They always state can give you an estimate on the tax we might have to pay but no answers yet and yes it still seems no one knows too much. So we keep quiet and let them chase us and surprised Immigration not asked on our 90-day reporting but stress it is not on the Statute book yet and from 1st January 2024 supposedly. Cheers all