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The Cyclist

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  1. Best take it up with Sherrings then, after all, it is their Q & A session. Until all the baloney is sorted out, the only income I will be remitting into Thailand in 2024 is my Government pension. Job Jobbed as far as the Thai Taxman is concerned.
  2. I hope you don't have far to travel I was in and out in about 5 minutes, without a TIN and no need to file anything
  3. That takes us to RD Offices in Bangkok / Pak Chong / Ubon and Nan all saying the same thing. Another erroneous article, probably good for 50 pages of nonsense. Any article that states " All income to be taxed " give it a good, stiff ignoring.
  4. That might be because it has been updated since it was originally posted. And only applies to assessable income.
  5. Can we get the title changed ? The source of all the drama and angst for some. The latest Q&A session quite clearly stated " *** Incorrect quote removed by moderation " Lost count of the number of times I have said " await further details from the RD " Further details will also emerge during the course of the year.
  6. You, your GF, seller and bank member meet at the LD complete with 2 bankers drafts, one for the bank and the other for the seller. Job Jobbed.
  7. Thailand reviewed and updated a DTA in 2015 with India. The crux of that review and update of that DTA was to harmonise of different rates of taxation. For info only and the details can be found here. https://assets.kpmg.com/content/dam/kpmg/pdf/2016/01/tnf-thailand-jan27-2016.pdf Might be of interest to those that deal in stocks, shares and are involved in various withholding taxes.
  8. On and on it goes If you are a retiree expat, who is a tax resident of Thailand. Then the following is the batting list. * Your Country - Thai DTA takes precedence. If you fall through the cracks of your Country - Thai DTA then * The Revenue Code becomes applicable. The last Q&A session stated that income taxed in home Countries will not be taxed in Thailand. The logical conclusion to draw from that ( Unless something comes out to over-ride it ) would be that if it wont be taxed in Thailand then you should not need to file anything. ** There may yet be a system put in place, for transparency and tax avoidance purposes, to declare your already taxed income. Whether that be part of the new tax form or some other method. It could equally be the case that you will have to do........... Absolutely nothing.
  9. Something I have been saying since October. Probably why Pak Chong RD told me " No need to file anything " a week ago.
  10. The 90 day report is to confirm that you are still in Thailand and living at the same address. The 12 month extension allows you to stay in Thailand for 12 months providing you. do not do something stupid to get kicked out.
  11. That might trigger people of a nervous disposition. On a personal note. Should it be true, I hope the UK - Thai DTA is one of them. Every International Agreement should have a shelf life, somewhere at the 10 year point, to be reviewed and renewed, to ensure that it remains current, valid and fit for purpose.
  12. There is a long list published on the UK Gov website, and a link has been posted on here previously, of different types of pensions and they are all annoted either Government or Non Government. I'm not at State Pension age, so not something I have put any effort into, but the general consesus is that it is not classed as a Government Pension. Perhaps the person who posted it originally can repost it.
  13. A very valid and interesting point. I might own a residence in Thailand, but I am allowed to stay here in 12 month blocks. Whoch technically, could be revoked at any time.
  14. Yes, I know what the UK - Thai DTA says, that is why I posted Point 1, Government Pensions. Taxed only in UK Point 2, any other type of pension that is already taxed in the UK. Not taxable in Thailand to prevent Double Taxation Point 3, any additional pensions that are not taxed in the UK, are open to be being taxed in Thailand, should Thailand wish to tax them. Not sure how many people are existing solely on a meagre frozen state pensions or other type of pension that falls below the UK tax threshold, but I cannot imagine that the numbers would be very high. Which might be another reason why 3 RD Offices have basically said, UK Pensions, no need to file anything. Not worth the time and effort to chase frozen state Pensions for a meagre, if any return.
  15. I cannot copy and paste for some reason. If someone could do the honours and copy and the paragraph directly below " The role of double tax agreements in Thailand " No-one can argue with the 1st sentence " To avoid double taxation and prevent tax evasion " It is the 2nd sentence that is the absolute killer, and something that mike lister has repeatedly, across various threads stuck his fingers in his ears and gnored and failed to appreciate. " Moreover, it is important to note that the principles set out in the treaties take precedent over the domestic law of the contracting States " https://thailand.themispartner.com/guides/double-tax-agreements-thailand/ In simple laymans terms, regarding UK Pensions, regardless of what the Revenue Code says * These pensions are only taxable in the UK * Pensions that are taxed in the UK should not be taxed again to avoid double taxation. * Any other pension that has not been taxed in the UK. It is up to Thailand if they wish to tax them. And the only way you are going to get an answer on Point 3 is by going to your local RD Office and asking them
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