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Mike Lister

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  1. Heathen devil computer that I have, I'll have dinner then beat it some more. 🙂 I'll fix it shortly.
  2. It's one of those days I guess! Here, try this: https://www.rd.go.th/english/65308.html I think I've fixed the link in the document also.
  3. I get an automatic translation into English using google, the Representative Accounting Office link is on the right hand side at the bottom of the page. You have to enter your location into the box before it will search and return a list of agents, if you tell me where you are located I'll do it for you..
  4. Please see below, member Guavaman's sample form filling of the PND91 form, dated December last year. The sample was, until recently, part of the simple guide but had to be removed because the graphics character was the source of many problems in displaying the link. Linked below also is the TRD e-filing income tax forms and instructions for 2023 where all forms and instructions can be downloaded: https://www.rd.go.th/english/65308.html
  5. Fair enough, that statement is based on a number of factors, some of which may not apply to everyone: 1) I live in Chiang Mai where the TRD office staff are super helpful, this may not be the same elsewhere. 2) Taking a spreadsheet with your numbers to the TRD office and asking them to enter the numbers into their system is, I believe, "a simple affair", this ought to be very similar for everyone else. 3) In the earlier days of the tax threads, a member posted instructions how to complete the tax form and they were pretty simple, I'll go in search of that example and repost it and I'm certain you'll agree. I have PM'd the person who posted that example and await his reply.
  6. Somebody asked for the address of where to send the completed returns, my response to which was, your local District office rather than the head office in Bangkok which is not really geared up to receive large volumes of tax returns. There is also an issue with the mail service and its reliability. The TRD e-filing link below allows you to search for TRD approved agents in various parts of the country and they are authorised to send the return on your behalf. The agent search facility is under the heading of Representative Accounting Office. https://efiling.rd.go.th/rd-cms/
  7. Yes, I saw your question but was waiting to see how others respond, it's slightly telling that nobody has! For my part, I have never used either form! During my past three filings, I have taken my numbers to the TRD office on a spreadsheet and sat with the TRD woman who entered them directly into the system. If you or others are going to file using paper based copies, you will of course need the correct form, otherwise no form of any kind is necessary because you can simple tell the officer. When the electronic filing is complete, she will print off a receipt stating who owes who how much and acknowledges that the return has been filed. The amount on the recioet needs to tally with your spreadsheet, otherwise don't sign. We'll leave the question out there to see if anyone does respond, now that it's been formally asked, just to see what is said.
  8. Unless/until the tax return form is redesigned and reissued, there is nowhere on the form to report excluded or exempt income which I don't believe they want to see reported anyway.
  9. OK, each to their own. This thread is about providing answers and information, not mandating or dictating an approach.
  10. Yes you will but no they are not, at least not in my opinion. The Thai bank charges for the spread between buy and sell on most currencies, historically, has always been far better than anything found in the West. That spread for paper money is always going to be large because if capitalises on tourists who want to exchange cash. But the TT rates are significantly better. USD paper money buy = 36.49 USD paper money sell = 37.22 USD TT rate buy = 36.82 USD TT rate sell = 37.12 As you can see, the total spread for paper money is 0.73 whilst the total spread on the TT rate is only 0.30. https://www.bangkokbank.com/en/Personal/Other-Services/View-Rates/Foreign-Exchange-Rates
  11. Too many members fail to understand all the possible charges associated with these accounts, banks are in the business of selling products that make money, nothing is for free, even if it seems that way. The model that most members seem to have in their minds is that they will deposit foreign currency into a FCY account and then when the exchange rate looks promising, convert those funds into THB and spend them. But what if the exchange rate never looks right and the funds just sit there, is there an annual charge and what about the loss of interest that would otherwise have been earned? And what if your circumstances change and you want to send that foreign currency back overseas, can you and at what cost and, as we heard from one member, does it have to be exchanged into THB first and then foreign currency purchased again, before it can be remitted! As for withdrawing foreign currency in cash, USD or GBP or similar, what is the process the bank goes through and what is the cost, even if the currency in the first place!
  12. Let me backtrack on this by saying that UK State Pension MAY not be taxable, where there are no other income streams and the total falls within the Personal Allowance. Case in point moi! In some years, my sole UK income is my UK State Pension which is less than the Personal Allowance hence it is not taxed.
  13. Does anyone understand even a little bit, what the heck is going on in markets currently because I don't! S&P way over valued but pushing higher, despite the yield curve remaining inverted and bond yields touching 5% and inflation coming in hot!!! I am reminded of the phrase, "markets can remain irrational longer than you can remain solvent". https://finance.yahoo.com/news/wall-street-humbled-fast-reversing-203427974.html
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