
NoDisplayName
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Everything posted by NoDisplayName
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There was more to it than that, Mike. I can confirm this is true in my little patch of tax heaven. I showed tax office lady my Thai sourced income and dividends, and a list of my remittances. She asked whether remittances were salary or pension, I said it was savings. Tax lady advised no need to file, unless submitting request for refund of interest/dividend tax withheld at source. Unless the forms are changed, I expect this will continue. I'll list the 5-10K baht local income, self-assess remittance as savings, and request tax refund.
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I understand the email indicates if no tax is due, meaning not enough ASSESSABLE income remitted to owe tax, then no filing is necessary. With the current forms, there is no blank space to enter "remittances." Assessable amounts would be included in salary or foreign capital gains or foreign dividends. Non-assessable amounts essentially don't exist.
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Tax on items delivered by post into Thailand
NoDisplayName replied to Jing Joe's topic in General Topics
Can't say anything about newly implemented fees, nothing I've ordered from Lazada imported from China has been taxed yet. Relocated from China to Thailand twice. First time mailed four 12-kg boxes of misc. personal items via China Post, second time 14 boxes. Nothing opened, nothing delayed, nothing taxed. From what I've read on this here forum, you're more likely to be hit with customs fees if sending through DHL or Fedex instead of regular post. -
Survey reveals Chinese tourists’ spending habits in Thailand
NoDisplayName replied to snoop1130's topic in Thailand News
Ask a random group of tourists to name their 3 or 4 favorite destinations in Thailand. All of them list Bangkok, a fifth of them pick Chiang Mai, and they also choose 1 or 2 other cities. Bangkok appears on all the lists, so 100% for Bangkok. 20% for Chiang Mai, smaller percentages for others. This isn't difficult. Hard part will be explaining how the wily Chinese manage to make 2.83 trips to Thailand! -
Survey reveals Chinese tourists’ spending habits in Thailand
NoDisplayName replied to snoop1130's topic in Thailand News
Question 4: List your three favorite destination cities in Thailand. -
Thai student races ahead: Wins design comp for Red Bull F1 car
NoDisplayName replied to webfact's topic in Thailand News
I'm surprised they'd want a blood red theme on a Red Bull car. -
Visit your local tax office to get your TIN/PIN registered in the e-file system first. You can then set up your online account. When you file a PD90 (all sorts of income) or PD91 (salary only), you enter amounts for your personal exemptions. 60K for you, 60K for your spouse, etc., in the spaces provided. Make liberal use of CNTL-C/CNTL-V https://www.bing.com/Translator To enter bank interest and SET dividends, look for the dropdown menu that includes NVDA as the first item. You'll enter amount received, tax paid, and payer tax ID.
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Ford Ranger vs Toyota Revo
NoDisplayName replied to Bredbury Blue's topic in Thailand Motor Discussion
So basically you still have a new truck. 12-year-old Hilux, 400,000 km. -
Where do your neighbors buy their tires? There are plenty of independent tire shops out there........nothing special about B-Quik or Cockpit other than the premium prices. Search out some local shops, check the DOT label to confirm freshness. Mounting and balancing should be included in the price.
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A Visit to the Tax Office
NoDisplayName replied to NoDisplayName's topic in Jobs, Economy, Banking, Business, Investments
***UPDATE v2*** Just for fun, we logged into the system today and filed three years of tax returns. Quick and easy, took less than 15 minutes each. No current year income was remitted, so no remittance amounts claimed as income. Interest and dividend received and tax withheld was entered into the form, with no uploaded documentation required. I have the dividend receipts, but wanted to avoid the 2-3 hour wait at our Bangkok Bank branch for the interest statement, and confirmed not necessary unless filing in person. Note that the payer tax ID numbers were required, from Bangkok Bank and my Thai broker, that I found on documents in my files. Filed for 2021, even though was not tax resident. (177 days) Dividends and interest would result in 500 baht refund if filed that year. Filed late, so apparently no refund. No late filing fee. Got an immediate receipt for tax filed and downloaded final version of PD90. Filed for 2022, tax resident with similar dividend and interest amounts. Filed late, no refund, no late filing fee. Received receipt for filing tax and downloaded PD90. 2023 filing was also late, with a total refund amount of 850 baht. There was a 200 baht late filing fee, which I paid by bank transfer. Downloaded provisional PD90. The tax receipt and final download version of PD90 will be available in a couple days. Should receive a refund check in a couple weeks. Yes, I know. I didn't need to file, shouldn't poke the jingjok. But now I'm registered in the system, know how to do the filings, and have three years of approved tax returns if ever invited to an interview. For the next couple years, will keep remittances below the taxable threshold and spend down in-country savings. Not necessary, as I suspect we'll continue to self-assess remittances, but.......... -
If anyone is interested in online filing........ You can file online late for the past three years. Simple returns can be completed in 10-15 minutes. There is no late fee charged for online filing if no tax/refund due. There is a 200 baht late filing fee if tax/refund due. No documents required for upload when claiming dividends or interest from Thai sources. You will need the payer tax ID number which should be available on documentation you have at home.
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Headlights going yellow?
NoDisplayName replied to Querentino_Spaghettino's topic in Thailand Motor Discussion
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My guess is........same as before. You decide if you want/need to file tax. When you file, you self-assess remitted funds. If not assessable, you don't enter the amounts on the tax form. If assessable, you enter them in the spaces for dividends, interest, salary, etc. For many retirees, they only list bank interest and possibly SET dividends received, totaling 5-10K, only to claim a refund of taxes paid. There is (currently) no space on the tax form to list total remittances or non-assessable amounts. Not showing remittances necessary to support themselves shouldn't set off red flags at TRD resulting in a release of BMW smart cars.
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Headlights going yellow?
NoDisplayName replied to Querentino_Spaghettino's topic in Thailand Motor Discussion
Cut a lemon in half, add a heavy coat of baking soda to one half, scrub one of the lights for ~5 minutes. Rinse. Tough remaining spots can be tackled with a dish scrubber with toothpaste and baking soda. 12-year-old Hilux, 400,000 km...........