nigelforbes

The op could also have the black death too except neither that nor hep c was diagnosed by the doc!

Well yes, necessarily, unless you know something about the ops story that hasn't been shared here.

A fatty liver is easily resolved and is not life threatening and in no way makes you a candidate for a transplant. Lose weight, chang diet and exercise.

We agreed the sale, signed the paper and banked the cash, we left it up to the buyer to register the vehicle.

And why may I ask are the Brits in third place, is somebody letting the side down, this is very out of character!

I don't know what happens elsewhere in the country but we've sold two vehicles privately and never attended the DLT offices for either transfer.

You wrote in the OP that you have the forms from the Transport Dept., presumably one of those includes something that the seller must sign. Whether or not an official POA is required in addition may vary in practice and from office to office. As with many things here in Thailand, accepted practice and technical law often are different.

That is correct, the seller doesn't need to present.

I'm a Brit and we're always punctual.

That's hardly Thailand taking the praise, mentioning the name of the country that contains the feature.

Iran vs Israel, Russia vs Europe and China vs Taiwan, the US can't support wars on three fronts simultaneously.

The personal allowance is 60,000, which can be taken in addition to any other allowances such as deductions for health insurance premium (maximum 25,000), spouse, children etc. When you're assessing your liability to tax, the first 150k in the tax tables is zero rated but in the case of people over aged 65 years, this is increased to 190,000. The combination of these exemptions and the extended zero rated band means that a married foreigner who files jointly can earn over 330k before tax is due. BUT, the obligation to file a tax return is based on the income level, not on whether tax is due or not. "All persons earning income are required to file a tax return no later than 31 March of the following year for hardcopy filing and 8 April for online filing, except for individuals whose income from employment is THB 120,000 or less (for single persons) or THB 220,000 or less (for married persons) and in the case of having income from other sources (with or without employment income) of THB 60,000 or less (for single persons) or THB 120,000 or less (for married persons)". https://taxsummaries.pwc.com/thailand/individual/tax-administration#:~:text=Individuals engaged in most forms,their spouse%2C whichever they prefer. To be crystal clear. If you spent more than 183 days in Thailand between 1 January 2022 and 31 December 2022, AND, you earned income from Thai savings interest or from other sources of more than 60,000 baht, that was both earned and remitted to Thailand between those dates, you are required to file a Thai tax return.

As did I last year, but this is now this year and things have reverted again, unchangeable or so I am told. This will doubtless turn out to be yet another typical Thailand story of where different people at different banks experience different scenarios on different days, god forbid there should ever be any uniformity on anything here.

Well good for you, most of the rest of us are! And even after having the situation "corrected" at UOB last year, this year the bank has taxed all our interest from the start of the year, as has BBL....."there are no exceptions", they say.

Yes I could, but doing things the current way makes my life so much easier and the tax burden is very small.

Yup, that will work. But you can see where this is headed in the future. I have two pensions paid directly into my Thai bank, Bahtnet sees them and so does Bangkok Bank, Bangkok Bank even has a copy of the signed direct deposit form for the US pension. Even if I didn't declare the income, it's just a matter of time before the Revenue asks questions. They know the source and they know the amounts and the math is simple enough, it would be impossible for me to deny.

Believe what you wish, I'm sure you'll see first hand proof of what I have said, before long. Now that the banks with hold tax on all interest, everyone has a choice, either file a tax return and reclaim the tax or forgo the tax. But if you chose to reclaim the tax you have to file a tax return and in doing so you must declare all your income, otherwise you have filed a false return which is punishable. Now the stakes are higher, do you file the return and forget to mention that pension and investment income, tell me, do you feel lucky. Anyway, I file a return and I declare my pension income and some years I pay tax in Thailand so for me this is not an issue, not so for many others however, especially as interest rates rise.

The difference with the Thai Revenue tax net is that it is so small, less than 5% of the population pay tax via a tax return. Many locals who run small businesses or who are self employed are careful to not issues receipts and cash in hand work is very common. Foreigners however are reliant on the banking system to receive funds from overseas which makes them a prime target that is easily traceable. With all due respect to your Bangkok contacts they are wrong on this point. Banking regulations have been tightened as a result of new AMLO rules plus the taxation of all interest at source means it is now easier than ever to trace tax liability. I have had this discussion with the manager in charge of my tax region who tells me that foreigner income is a soft target, hence the questionnaires regarding pensions and income in many tax offices when foreigners try to reclaim tax on interest.

I think the idea of a world currency is problematic, it makes it too easy for everyone to understand the relative value of their earnings, savings, real estate etc. If you think mass immigration to the West is a problem now, wait until everyone figures out their home country economy is really rubbish. Today, different currencies obscure that fact to some degree.

The problem with that is the huge disparity between gold holdings by governments and their debt. The USA has 8,000 metric tonnes but has debt in the trillions of dollars, other countries hold hundreds of tonnes of gold but have very little debt. On that basis, how do you set what the price of gold should be?

For the past three years, the tax refund has been automatically deposited at Krungsri Bank. If you take in your ID they will issue you with an ATM card to withdraw the refund from an ATM,. I haven't had a cheque from the Thai Revenue in years.

As in Swiss roll.????

Times are/have changed, ten years ago this was not even on the radar, today, increasing the tax net is the Revenue's highest priority and resident foreigners are a prime target.

The motivation needs to be a desire for global economic stability and not patriotisms or existing ownership. The Pound was on its perch for a long time, but still today, decades after its fall, many still cannot get over the fact that Sterling is not the currency it once was nor the country the influencer it once was. Several alternate trade groups have been developed regional, for many countries this is a conscious effort to avoid or reduce Dollar dominance and settlement.

The following link explains SDR's: "According to the IMF, SDRs (or XDR) are an international reserve asset to supplement its member countries' official money reserves. Technically, the SDR is neither a currency nor a claim on the IMF itself. Instead, it is a potential claim against the currencies of IMF members". https://www.investopedia.com/articles/forex/040215/what-are-imf-special-drawing-rights.asp#:~:text=Developing nations can use SDRs,volatility would be too extreme.