samtam

Well thank you. I had not seen your response. Your situation is the same as mine. Can you tell me which floor section of Bangkok RD you went to? I want to hear exactly the same, but in person. I presume they didn't ask, nor had any interest in knowing how you fund your living in Thailand, (presumably as a tax resident).

I live in Bangkok, so if I was going to visit them, it would be their Head Office. If they said "no need to file", I would prepare a letter in English & Thai to that effect, for them to sign and chop. Very possibly they would ignore that, because Lord knows, whereas with Thai bureaucracy we have to sign a forest, they individually do not want any accountability.

I've long thought that, and wondered why no one else has done that, or if they have, why they haven't, (to my knowledge) shared that experience on this magnum opus hopeless.

Yes. Many answers from conlsultants eager to make the most of this confusion, you're right. None of them tried and tested, so all of them meaningless. I will wait. I have been waiting since the first vague, and then subsequent less vague announcement came from TRD. But vague and less vague don't add up to a hill of beans.

Thanks for your comments. They are sporadic, but monthly, and of low value, (about THB30K) per month. I do not want to evade. My ATM & CC usage is within my allowances as a 65 year old pensioner; I am quite prepared to file a tax return, but despite trying to get a definitive answer, there does not seem to be a way of doing it with the existing, and likely similar, if not the same forms. Sure, I can spend THB10-30K on seeking the advice of a tax consultant, but I have the impression they do not have a definitive answer either.

Thank you for the English language tax form, which may or ay not be changed. Assuming there are no changes to the tax form, I'm still not clear where one specifies monies brought in by ATM withdrawals or Credit Card spending using a foreign issued credit card. Any ideas? Or, as I listened to the Tally YT @ 12.23 on ATM withdrawals and @ 13.49 on use of Credit Cards, Thomas suggests that these are not in the purview of TRD. I haven't been keeping up with the many comments, but has anything changed since this video was made?

Thanks. And where do I put that on the tax form? I thought there were going to be new forms; have they been issued? Do you have a link for one?

Sorry, I've asked this before, and apologies if it has been answered: If I want to file a tax return, where do I write in my ATM withdrawals and foreign Credit Card payments on the form? (Is there a new tax form for the new tax filing.) I know previously some suggested filing for ATM and CC monies was not required, but some said it was. What is the position, and if it's a "yes", where do I put it on the form? Thanks, as I reach for mt flak jacket.

The Thai Examiner article also seems to refer to those applying for citizenship. But as many have commented, too many assumptions based on no facts or details. As for all residents having to file tax forms, there do not yet appear to be new tax filing forms in circulation, AFAIK.

From an international paper in the region: Well the last sentence might "prick up their ears".

Olive oil

This exchange between "Suresh & Rex" is dated September 2020. Not sure if it is relevant now or not, but until RD produce new tax filing forms, and/or anything at all which answers the myriad of questions, we simply don't know. Will the new Finance Minister, (whoever that will be), do a complete volte face? (They apparently do not now need to find THB450 billion for the Digital Wallet, as the new PM - same as the old - has opined that it's a bad idea.)

Surely the Digital Wallet scheme was exactly why Srettha was kicked out. The elites (quite rightly) deemed it an economically dangerous idea, with little or no benefit to the Thai economy or those who were eligible to receive it.

I think "financial hub" is high on the list, (of "it ain't gonna happen"). Or rollout its digital wallet scheme, which crashed on day 1 of registration. The Ministry of "Thailand Aims" (and Misses)

...or becoming a financial hub

Thank you. Very helpful, and much appreciated.

That's why I questioned the OP's comment, that he only started paying at GBP17,000:

If the tax free allowance is GBP12,500, is the GBP17,000 (GBP4,500 above tax free) the minimum HMRC can be bothered to tax you? My spending pattern has already reduced accordingly, from 1 January 2024. I expect the uncertainty has made many others think similarly. I'm sure it has contributed to the declining property market, (along with the massive oversupply). Like the mythical "financial hub" fantasy, uncertainty is the last thing to encourage foreigners to buy property.

Obviously one wants to weigh up the options with the information one knows. Sadly "the information one knows" is very little, given the lack of clarity from the TRD. They may have said what something is, but they haven't said how they intend to implement it, so I suppose the thousands of questions have been an attempt to try and find out. Unfortunately the answers are opinions, interesting as some have been, and boring as most have been. I agree with you, that until there is a definitive detailed workable explanation, we have all wasted a great deal of time and angst. Mine (wasted time and angst), is an attempt to live and abide by the rules, which I know is a silly and novel concept in Thailand, where everything is flexible, depending on who you are, how much you pay etc. It's laughable, but not unexpected that one of the many aspirations of the current administration is to make Thailand a financial hub, as if that can be created from the mess that exists. No one in their right mind is going to buy financial products when goalposts are moved, rules and laws are "flexible", and the system is corrupt. Thailand will never achieve many of its multitudinous hub goals, but "financial hub" is probably the strongest candidate for neverland fantasies.

Thanks for the links. The TRD Hua Hin seminar mention in a video seems the least supported evidence or argument, (although I appreciate you don't have the time or interest to find the video), so it would be nice to have that from the "horse's mouth", if the TRD horse ever gets around to it. Anticipating that being definitive, I also asked: I'm not sure if this is the correct place to ask these questions, as I can't remember, having waded through a large portion of the thousands of comments, whether anyone in Bangkok has actually gone to RD Bangkok, and what the process is, as its processes are doubtless different to other offices. Perhaps they've used a tax accountant; MPG are apparently charging THB85,000 for that exercise. Also, if I am liable for paying tax after TEDA, I will start claiming refund of withholding tax, (paid on my THB800K deposit in a Thai Savings account for the last 17 years), but presumably I would only be able to claim for the YE 2024 to avoid a tax audit over those 17 years, so it is probably not worth getting excited about it.

I am quite willing to agree that I am absolutely baffled by what I have read through the thousands of pages of comments and opinions through these forum topics. It would nice to have the subject answered concisely.

Can you please clarify what you agree with. What has Expat Tax said on the subject, or TRD publicly? I'm unclear what HMRC's decision further strengthens. Thanks.

I think I may have read multiple times that use of foreign credit cards in Thailand is considered as taxable income. But I would be delighted to hear that I am completely mistaken.

In the Tax Computation sheet where does one show income from 1) use of foreign credit cards in Thailand and 2) ATM deposits in Thailand from ATM withdrawals on foreign bank accounts? Is it under "A - Salaries, wages, pensions etc". If I have a Thai (Pink) ID is that my TIN, or do I formally have to apply for a TIN, and how? Once I have completed my tax form, do I take in in person to the Revenue Department (I'm in Bangkok). Do I get a ticket and wait to be called? Is it then read and agreed, and I pay? Do I pay in cash? Sorry, this may have been covered a zillion times, and I have missed it. Has anyone been to RD in Bangkok and asked them these questions? My credit card and ATM withdrawals are from dividend income untaxed and UK state pension untaxed. These monies are generated within the current tax year.

Which is presumably why an ordinary police matter had the Thai Prime Minister and the Thai Interior Minister visit the hotel where the incident took place. In no other country would politicians show such an interest.