chiang mai

International Tourism is not Thailand's bread and butter, exports is, Tourism is nothing more than an additional course in the meal that helps with Consumer Spending at the grass roots level. International Tourism is 12% of GDP on a good day, exports is around 60%. Also, can you show us how and where this manipulation of THB takes place, lots of people say it exists but nobody yet in over two decades on this forum has been able to say how and where! On the other hand, the map of USD/THB compared against DXY explains the THB rises and falls nicely.

Fear of those ghosts has been evident in many aspects of the Thai economy, ever since the crash. Between 2000 and 2020, the government debt to GDP ratio was driven down to as low as 38%, it was only the appearance of covid that forced them to spend more. Even the IMF was telling them year after year that it's OK to run a sensible budget deficit but still they refused.. https://tradingeconomics.com/thailand/government-debt-to-gdp

Understood and I appreciate the explanation. The last time I filed a null return was five years ago. When the woman had almost finished entering the information into the system she turned and asked, can I ask you why you're filing a return when you aren't owed any money. I hesitated slightly and before I could answer she said, with a slight smile, I think I understand why, Draw your own conclusions.

I have no interest in the list of countries or the why's and wherefores, only what the rules are today.

OK but THB and stocks are up, because USD has weakened.

Buy a lottery ticket that man

Not only possible, it's entirely probable.

Yes I think so.

Gold is priced in USD and THB is valued against USD also hence both will follow a similar path. Agreed about the elections though, forecasts are for a reversal to 36..

Thanks for all of that but I have had a TIN for many years and have filed returns, on and off, for almost 15 years. I was trying to understand if there was an "official" answer, just to fill in the gaps in my understanding. But yes, the overhead of filing when its not strictly necessary, isn't a great hardship or draw on anyone's time, better safe than sorry and all that.

If the tax system is based on honor, which I believe most self reporting systems are, it doesn't matter whether you file or not, you are open to the same scrutiny. If you did file, the return can be accepted or it can be queried. If you didn't file, the fact that you didn't can be accepted as being there wasn't a need, or, it can be queried. And if it is queried and you didn't file when according to the rules you should have filed, even though there was no tax to pay, you leave yourself open to penalties. Is that pretty much what the correct answer is?

Thanks, that sounds like a very plausible answer, plus it was civil too.

Complete and utter tosh! Nobody can supply proof of an official answer to my question, all you can do is quote emotion and your own logic and make excuses that the question isn't valid. If the answer were so simple and obvious, somebody would have supplied a quote and link from the TRD confirming what it is.

Nobody, not even you, has supplied confirmation from an official source that answers my question. I don't mind that you don't know the answer but you could try being a little more polite when you waffle your way through an excuse of an answer.

Is Nok still there or has she quit too?

I don't know that using common sense is mentioned anywhere in tax guides or in tax rules in any country, what makes sense to one person doesn't always make sense to everyone else. And since the tax rules go to some great length to define even simple things, if common sense were the answer you'd think they would have defined this scenario.

The question I posed, which still hasn't been answered, is this: The person has assessable income, above the level required to file a tax return but below the level of having to pay tax, once that person's view of the relevant TEDA is taken into account. In other words, does the tax system allow individuals to make their own calculations about whether or not tax is due and lets them decided whether or not to file a return, on the basis of their own findings? e.g. I calculate no tax is due ergo I don't have to file. I hear the argument that the TRD doesn't want lots of null tax returns but there's another argument that this method is a get out of jail free card plus it doesn't aid tax collection. If somebody were to use that as a reason for not filing, the excuse would be, "Oh, sorry, I made a mistake, I thought blah blah blah". I mean, there's nothing in the instructions that says people can make this informal precursory check, whereas you might imagine there would be, at least somewhere. So is this really nothing more than presumption on our part, "we were trying to help you, we didn't think you'd want us to file if there was no tax to pay"! In fact, there is a penalty for not filing when you're supposed to, although few people think it is ever imposed. I just don't know how valid all that really is. The argument that it's an informal system that relies on tradition is one option, but that's not a useful defense if TRD ever tries to quote the rule book. Something more substantial would be most helpful, not just personal opinion and emotion, regardless of which way it may point.

I stand corrected, 20 years for criminal or intentional fraud.

UK statute of limitations on tax is seven years

The loss of earnings caused by the flooding will wipe out any potential benefit of the 10k giveaway.

Say what! A recession is two consecutive quarters of negative GDP growth but you wont know whether GDP growth would fall unless you know what the growth figures were for that period.

No

No, the NHS operates a residency based system, if you are considered to be a resident then you are entitled to free NHS care and you can be that from Day 1, if that is your intention.

You still don't get it, do you. The rules say I must inform DWP when I move to live overseas, the question of whether there is punishment involved or not, if I don't tell them, isn't part of my thinking. I don't feel that I should be entitled to pension increases, just because I'm a Brit who has paid into the system for a few years, especially when I live overseas and have done so for most of my life. I accept those are the rules and I chose to play by them. I hope that's OK with everyone and that silly people are not going to try and convince I should do otherwise.

"But why inform of departure Nothing to be gained", Sometimes, some of us do things, not just because there is something to be gained but because we're playing by the rules and it's the right thing to do.