buriram39

Works well for for my arthritis.

3 hours ago, flyingtlger said:

I bet ff they tried this in Bangkok, not targeting foreigners, the police will be overwhelmed 🤪...... 

Not just Bangkok.

3 hours ago, flyingtlger said:

How dare she take away jobs from the local prostitutes!!!!

Exactly, restricted occupation.

A pension in Australia is 'exempt' income. Therefore under a dual tax agreement has been fully taxed in Australia. I am interested to hear any response on this and I am sure we are not yet completely informed.

8 hours ago, webfact said:

A new reality is dawning for expats in Thailand.

 

A significant overhaul of the Thai tax system, effective January 1st, 2024, has thrown a curveball at the expat community, raising concerns and prompting a scramble for solutions.

 

This article delves into the intricacies of this new tax tango, offering a roadmap for expats to navigate the complexities and unlock potential strategies to secure their financial future in the Land of Smiles.

 

Previously a haven for foreign income, Thailand’s tax code offered a sweet deal to expats:

 

Foreign earnings stashed abroad remained blissfully untaxed. However, the new year has ushered in a paradigm shift. Now, all foreign earned income brought into Thailand by tax residents, including expats, is subject to personal income tax. This marks a significant departure from the past, leaving many expats wondering how to navigate this uncharted territory.

 

Understanding the Old and the New:

 

To grasp the full impact of the changes, let’s rewind to the pre 2024 era. Expats enjoyed the freedom of keeping their foreign income untaxed as long as it remained outside Thailand. Income earned and brought into the country within the same year was subject to tax, but passive income like pensions and investments from abroad existed in a grey area, with no clear guidelines.

 

Fast forward to 2024, and the landscape has transformed. The new law dictates that all foreign earned income remitted to Thailand by tax residents is subject to personal income tax.

 

By Online Reporter

Top File photo. For illustrative purposes only.

 

Full story: HUA HIN TODAY 2024-02-10

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Get our Daily Newsletter - Click HERE to subscribe

 

Derine the word 'earned' pretty important here.

13 hours ago, simon43 said:

The report sounds like his GF had a crash helmet and he didn't.....

 

The report seems to indicate that he had totally-inadequate medical insurance .......

 

Sadly, this is a real-world example of Darwinism.....

2 hours ago, Jing Joe said:

But... They had already one helmet,  and two parents chose to ride the E.Scooter!!!         Read the fine print in the story, just like he should have read and obeyed the fine print of the insurance policy. 

Yes he should have been further evolved.

This happened to me in Thailand. I was scammed for about aud7,000. I don't know who scammed but the card numbers were used by, an idiot, student to pay university fees. I hope he was nailed. The bank recompensed me to their credit.

Spelling would help, you may have been mistaken about what the signs actually say.

38 minutes ago, hotchilli said:

Unfortunately this is one promise that PTP cannot walk back on, it would be political suicide.

Why do you think Srettha is taxing everything and TAT are pushing through the tourist tax?

The pot is empty and they need funds fast before the population of over 16's get frustrated.

Yes, and the pot of over 16's is growing.

its almost ridiculous to respond

5 hours ago, oby said:

stone did nothing wrong.. he must get a retrial.. the judge is an obama appointee, her prosecution record is one of partisan judgements.  the jury foreman was prejudiced and should not have taken a position on such a trial.

 

Way to go.