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NanLaew

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Everything posted by NanLaew

  1. There's no reason to think that there's a higher standard and more consistency across registered motorbike dealerships and workshops than there are with their counterparts in the car and pickup business. My experience between two vehicle dealerships in separate provinces here has been a bit 'chalk and cheese' but the one that was poor became good as mechanics came and went. I also hear that all their Phuket and NST dealerships are rubbish as they are all owned by the same family. It's a bit like private schools in that regard where good teachers will follow the good money. If a dealership (school) doesn't reward a decent mechanic or shop manager (teacher or administrator), he/she walks.
  2. So, how much did s(he) stitch you up for?
  3. I would guess caught dead to rights? Honestly, it's not rocket surgery.
  4. Brake failure! Oh, wait...
  5. I said tax relief and tax mitigation. That is NOT the same as tax avoidance. Did you know that are some people out there who can't handle the complications of working out their legal tax deductions or simply can't be bothered and trust in government to be doing them right? They also miss out on totally legal "tax relief and mitigation"? Unless of course you are the sort of shopper who eschews the bargain 2-for-1 specials as it is so obviously seen as just "going the cheapest route"?
  6. Expressing all those admirable western procedures, sentiments and characteristics says much about your lack of years here (despite the Thaksin jibe). This is the wild west east and yes, there is a total lack of care for the vulnerable but that's because it is Thailand and not (say) Poughkeepsie.
  7. Of course we know that Thailand is absolutely world-class when it comes to providing the counselling and basic care and attention needed for those with mental conditions.
  8. And I was pointing out that irresponsible parenting isn't unique to Thailand. Hope this helps.
  9. What on earth does personal income tax mitigation and relief got to do with virtue signalling?
  10. So you've never heard of teenage angst before? Mine doesn't. Who should I complain to? Meanwhile, in the UK, a 13 year-old was about to go to trial for not just knocking his grandmother over when trying to take her car without permission, but then reversing over her at speed, mortally wounding her. You may also have heard about the 17 year-old boy in England who stabbed and killed a 15-year old school girl on the street on the way to school. Are you, or have you ever been, a parent?
  11. In the context of income taxation, there is income, there is assessable income, and there is taxable income. Not all income is necessarily assessable income, and not all assessable income is necessarily taxable income. And then there's hair-splitting and irrelevant stuff that doesn't apply here. For this, Thailand-specific debate on income tax, "income" is any and all money received in Thailand without the sub-classes that your copy/paste from a non-Thai tax regulation implies., ie. as far as RD is concerned, it is ALL assessable. If it has been assessed in the domicile of origin and flagged as non-taxable, it won't be re-assessed here. If it has come from under the matress and thus has no providence of being assessed in the domicile of origin, it will be flagged as assessable for Thai income tax.
  12. Correct, but as some have suggested here, if one choses to avoid taxation in any shape or form and simply pull your weekly/monthly stipend from overseas via a local ATM, then the fee is essentially the same as tax, ie. a deduction or an amount of YOUR money that a third party takes from you. Again correct, the remitting bank knows "the origin and history of the money" that is being sent overseas, the receiving bank doesn't need to know as the remitting bank has done the due diligence on that. The same happens when one is sending money from Thailand to another country, where the Thai (remitting) bank verifies the source of the money first. The tax authorities have their laws, including Thailand's tax authority. Thailand is belatedly taking steps to enforce these laws already in-place in order to comply with international banking laws and regulations. That is what is happening here. So, what's your point?
  13. The UK state pension will be taxed at source and, if the DWP are totally compliant with the rules (and I think they will be), will not attract additional taxation if remitted to Thailand. If you are already paying Thai income tax on the online work, I would think you can continue to do so.
  14. If there's a dual taxation agreement between Thailand and the country in question, and you have registered your tax domicile with one or the other, tax will only be deducted at one location, not both. As for claiming tax residence in the country that attracts the lowest income tax, that's for you to decide and resolve.
  15. Banks have been doing KYC (know your customer) compliance for several years now. In my experience, the latest request specifically asked for any national tax ID associated with the account holder in either the remitting bank's or government agency's domicile, the receiving bank's domicile or both. This information will be encoded in the data that accompanies the transaction, coding that is shared by all banks complying with the international rules and regulations. The remittance will thus be automatically flagged as either being tax-exempt or taxable. The same will apply when remitting money from Thailand to a foreign bank. As an adjunct to the above, the last communication I received from my foreign back regarding provision of a Thai TIN was as follows: Dear Mr NanLaew, Thank you for completing our Tax Reporting Web Form, however we have not received a valid Tax Identification Number (TIN) for your Country of Tax Residency, Thailand. The format is as follows: A TAX ID Number (TIN) is a unique 13-digit number that identifies a person or entity as being registered for VAT and other tax purposes in Thailand. We look forward to hearing from you Thank you & kind regards I took this as specific evidence that they already know the format of a Thai TIN, therefore they knew what they were looking for and they were not wasting my time.
  16. They want a 'farang' nose, get the implant and sculpting as described and thus they get a bigger nose. From experience, a lot also desire a pointy chin to get away from the Asiatic 'moon' face which requires another implant.
  17. It would all get rather difficult if one was required to 'prove it' by Thai authorities. Prove it comes from savings, prove tax has been paid on it.. etc etc. We will tax it until you can prove it should not be taxed! For the Thai Revenue Department, the term "income" means any funds remitted from overseas to an account in Thailand, ie, incoming funds of any sort regardless of it being remuneration for work, pension payments, market dividends, investments, etc.. For the Thai Revenue department, anyone living and breathing in Thailand for 180 days or more in the tax year is considered tax resident in Thailand and thus liable for tax, regardless of nationality or immigration status. If a foreigner is Thailand tax resident and is paying tax in a domicile that has a dual taxation agreement with Thailand, and is remitting funds from that domicile to Thailand, they are not liable for tax in Thailand. If the foreigner is Thailand tax resident and is NOT paying tax in a domicile that has a dual taxation agreement with Thailand, and is remitting funds from that domicile to Thailand, they are liable for tax in Thailand.
  18. That is NOT the way a "double tax agreement" works. If tax has already been paid in the country where the money comes from, it does not need to be deducted again on receipt in Thailand. I am sure that in their mangling of their language means to say that the amount of tax paid in the source country can be deducted from the amount of any tax owed in Thailand.
  19. Bad senator! No sushi!!
  20. You mean go north UP Soi Yume.
  21. Very selective response. How about the rest of the post? Any views on this? Despite some lucky(?) UK bank account holders having their Thai address on file, these banks typically still use bulk mailing services for all regular correspondence. These do not attract Air Mail rates and thus don't arrive in Thailand as fast as you suggested earlier.
  22. I set up my Revolut UK dual-currency account from my internet-enabled shed in Isaan about 6 months ago. Works well for my consultants fees from overseas and international remittances to/from three different countries.
  23. For some of our readers maybe.
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