Jump to content

Mike Lister

Advanced Member
 View Profile  See their activity

  • Posts

    6,717

  • Joined

  • Last visited

  • Days Won

    1

 Content Type 

Everything posted by Mike Lister

  1. Mike Lister
    I bet you'd miss it if somebody wasn't asking you to make more copies of something or report this and that every other day......it's a lifestyle choice.
  2. Mike Lister
    They wont give you one unless you apply for one.
  3. Mike Lister
    Several sources, including the TRD, have confirmed that spending by tax residents, on a foreign credit card , in Thailand, represents assessable income in Thailand.
  4. Mike Lister
    Any post discussing tax evasion, will be removed and warnings issued. And for information: 13. You will not comment on actions taken by individual moderators or on specific or general policies and issues. You will not post a negative emoticon in response to a public notice made by a moderator. https://aseannow.com/forum_rules/
  5. Mike Lister
    Your statement in bold above in categorically untrue. Foreign tax residents in Thailand are taxed on a remittance basis, not on the basis of arising or on worldwide income, regardless of whether they have a Thai TIN or not..
  6. Mike Lister
    The debate is Thai taxes, let's not stray into the US, social security and immigration please.
  7. Mike Lister
    Sorry, I intended to write assessable income, you are correct, i'll go back and change it.
  8. Mike Lister
    The TRD Code states that minimum assessable income thresholds are 60k or 120k, depending on the type and source of income, 220k for married couple, before needing to file. If a person has no assessable income, they don't need to file. If they have no income, what are they going to report?
  9. Mike Lister
    Nope, you get a nice bowl of somtam and a cup of tea, both of which you have to pay for, that's it.
  10. Mike Lister
    If no assessable income, no need to file a return
  11. Mike Lister
    I'm out.
  12. Mike Lister
    I suggest you read the link below, the new tax rule is not limited only to earned income in the sense that you describe it, it includes pensions, capital gains, inheritance, gifts etc.
  13. Mike Lister
    20 Million Baht Per Year
  14. Mike Lister
    Foreign sourced income earned before 1 January 2024 is taxed in accordance with the old rules. That means savings earned before 31 December 2023, are tax free when remitted, if remitted in a year other than the one in which they were earned.
  15. Mike Lister
    You need to provide proof that all expats are required to buy health insurance from September on, if you cannot your post will be deleted.
  16. Mike Lister
    If I had a baht for every time I entered that debate I'd be rich! Why not start a thread on it and we can debate it there.
  17. Mike Lister
    20 Million baht per year
  18. Mike Lister
    Tax residency is not visa dependent, it depends solely on the number of days spent in the country, in a calendar year. every country is the same in this respect.
  19. Mike Lister
    Many countries have the same problem of misaligned tax years but it's not an insurmountable problem. The UK tax year ends 5 April which is 5 days after the Thai tax filing season ends. I file both sets of tax returns and already know my numbers weeks before the deadline so making the calculations is not difficult.
  20. Mike Lister
    You might be able to use Gift Tax to gift money legally to your wife, that would have a similar effect. Those funds would then become Sin suan tua or property of only your wife.
  21. Mike Lister
    Only a small percentage of the expat population follows AN.
  22. Mike Lister
    My thoughts are you're discussing tax evasion which is against the rules.
  23. Mike Lister
    It depends on the source of the 600k and whether it is assessable income or not. If it is pre 2024 savings, it's tax free. But there is no tax relief on medical bill payments I'm afraid.
  24. Mike Lister
    The member who suggested it wasn't, had his post removed and is, er, resting currently.
  25. Mike Lister
    Actually I did not, actually you interpreted it as such, I merely gave a statement of fact.

ASEANNOW

ASEANNOW (formerly Thai Visa) Thailand's oldest and most popular forum for expats and foreigners.

Sign up today and have your say

MORE INFO

POPULAR AREAS

CONTACT US

219/59 Asoke Towers, 15th Floor, Soi Sukhumvit 21, Watthana, Bangkok 10110
(+66) 99 196 1100
[email protected]

×
×
  • Create New...