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The Cyclist

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Everything posted by The Cyclist

  1. And ? It takes a single day to print off a document, fill it in and take it to a tax office. There is still 85% of tax filing season left to do this. Although I cannot vouch for the dates that the 2017 - 23 tax forms were uploaded to the above link. It would be fair to say that they were uploaded in time to prinf off, fill in and file at a tax office. What is staring me in the face, is that new updated forms as promised by the RD, have not yet been uploaded. Which potentially tells me that there is significant changes over the 2023 forms. There is enough information by KPMG, Mazars, PwC and various others that are all saying the same thing, from 01 Jan 2024, things have changed with regards to taxation. So what happened, or more importantly, did not happen, in the past is of no consequence, What matters is what happens going forward. And just like the UK, I am siding towards reporting foreign income on a tax return. @oldcpu is familiar with the Canadian and German taxation system, perhaps he would be kind enough to dig into the latest tax forms from those Countries and tell us all what they say about Foreign income. Ditto anyone else from other EOCD / CRS countries. And I think it will be a safe bet that they all have sections for reporting Foreign Income. Just to reiterate, this is International. Thailand agreed to it by signing up to CRS. It goes beyond Thai Domestic Tax Policy.
  2. Riddle me this How do you rapid process someone who has no paperwork ? It cannot be done. Regardless of how much funding is, or isn't available. Or do we just accept that Abdullah Mabenefits Mafreehouse is who he says he is ?
  3. A redesign of tax forms - Yes. Legislation - No The reason this page has not been updated yet, awaiting the redesigned / updated forms https://www.rd.go.th/english/65308.html
  4. The ones that the TRD said would be forthcoming and the ones I just said have probably not been posted yet as the I's are still being dotted and the T's being crossed. Why would legislation be needed. Foreign tax residents can comply with whats on the tax forms or leave. No legislation required.
  5. 2024 UK SA 100 https://assets.publishing.service.gov.uk/media/6613fc8a213873b991031b88/SA100_2024.pdf Small part on Foreign income. Declare anything over £1000. No mention of DTA's etc. The supplementary page is where you would fill in the DTA stuff. Do you think that the updated thai tax return could have something similar, or is that ' unpossible ' ?
  6. Dear Gawd in heaven, really, you think Thailand needs to pass legislation ? Keep believing that
  7. The honour system is for the Internal Thai domestic tax policy. The honour system does not work on the International stage. Here is 4 misconceptions about DTA's, the first 2 are especially pertinent to the thread https://chasebuchanan.com/double-taxation-agreements-with-the-uk/ See link above from the Guardian on declaring Foreign income. The UK has many DTA's with other Countries, the message in the Guardian article, you must report / file your foreign income. Too many are looking at this from a tax / Dta / Thai internal tax policy point of view. It needs to be looked at from an International perspective. I have already posted about low value accounts ( Most of us ) becoming reportable in Thailand from Jan 2024. If our foreign remittances are not reported. Thailand cannot carry out its duties under CRS, namely 1. Tax evasion compliance. - Is this remittance engaged in tax evasion. 2. Tax obligation compliance - Has this remittance paid the tax that it should have paid. International stage is where the answers are to be found, not the thai domestic revenue code or 40 year old DTA's ( although they are still in effect )
  8. I posted this earlier from todays UK Guardian https://www.theguardian.com/money/2025/jan/11/expert-tips-on-getting-uk-self-assessment-tax-returns-right Reporting foreign income in the UK, whatever for Surely a " Its kosher Gov, honest " is all that is needed 😀😀
  9. Wow, saved for posterity I think that ' Outs ' the @Chomper Higgot account, for what it is.
  10. I'm sure that makes sense in your befuddled head It certainly bears no resemblance to what I posted or what you quoted
  11. Yes, it was me I marked as " This is the look when you realise that you have just made a monumental ***up.
  12. On the UK Gov website there is a long list of Government pensions listed in alphabetical order ( I think ) The First on the list is Armed Forces Pensions and on it goes. A link to it has already been posted in one of the threads. All these Pensions ( above the 12570 UK threshold ) are taxed at source. A UK Citizen will pay tax on this, in the UK, until the day they die. A Dual National, can change tax regimes, only if they return to their Country of origin.
  13. £120 million a year over the next 5 years from China does absolutely nothing when your debt repayments have just jumped by £1.5 Billion a month. Now Professor clueless, show your working as to how this benefits the UK. And if you cannot do that, now might be a good time to accept that you are indeed clueless, and that you might be better giving the keyboard back to a responsible adult.
  14. From the likes of me ? Do you know me ? Have we ever met ? You know what that statement makes you, dont you ? A clopper. Whilst the perpetrators above would have from lamp posts if it was up to me. Lets get a sense of perspective 30 children compared to at least 1200 in Rotherham alone Up to 1000 in Telford Rochdale ongoing No idea why you are trying to deflect and obfuscate😳😳 So British were these Asians ( mainly Pakistanis ) that the Oxford grooming gang case went through the whole Court case using interpreters. As Jim Royale might say, British my A**e.
  15. Apropos to the thread, but from a UK perspective, with less than 3 weeks to go in the filing season. As I have pointed out, most people in the UK are PAYE, and only some need to file a self assessement. So here are some handy tips https://www.theguardian.com/money/2025/jan/11/expert-tips-on-getting-uk-self-assessment-tax-returns-right The UK does not operate a blanket worldwide taxation policy. I wonder why you would need to declare foreign income ?
  16. There is nothing stopping the recommendations from the previous inquiry being implemented now. Whilst simultaneously setting up a Royal Commission to go after every individual, dead or alive, that turned a blind eye, done nothing, ignored or swept this under the carpet..
  17. Duh ? What age are you ? There have been numerous examples of people getting Thai TIN's due to their home.banks requesting them. So there is a singular example of where the what appears to be written in the Revenue Code is wrong.
  18. Yes, I agree, right up until 31 March 2023. I am also trying to point out that there is now another overarching set of Laws and rules that pertain to CRS that actually trump thai domestic tax laws ( To a certain extent, but certainly in terms of overseas remittances )
  19. The basis of my logic comes from ( apart from other countries ) 1. Thailand joining CRS 2. The issue of 2 POR's. 3. The silence from the RD over the last 18 months. 4. No updated tax filing forms. As I said previously. It would not surprise me if a PND 92 makes an appearance, just for Thai Tax Residents with overseas income. * Not surprised, does not mean, will happen.
  20. Where does it say in Article 42 that one does need to file a tax return ? Exemption from tax does not mean exemption from filing. It is almost the same argument about filing levels and the level where taxation starts.
  21. Because according to the UK - Thai DTA ( from memory ) a State Pension is potentially taxable in Thailand. It would need a legal eagle to answer, but knowing this to be the case, and not filing a tax return, could very possibly be construed as tax evasion. Not a route anyone should look to go down.
  22. None of this is in dispute I am asking how something can have an exemption to thai tax, or a tax credit on thai tax, if one has not filed a tax return. If you do not file a tax return, then neither a tax credit or an exemption exists.
  23. See post above. You are corect in your cursory reading. I think the issue is, if you only have a UK State Pension, after applying various deductions, it is probably not taxable in Thailand. And then we are back into another discussions about it being over the thresholds for filing, but below the levels of taxation, once TEDA's are applied, and does one have to file.
  24. The UK tax part on the State Pension might be true for someone with no other form of income and it is above £12,570. As I understand the current rules. If I was to start my State Pension next month, It would not be taxed, my tax code on my Government Pension would be adjusted so that the tax owed on my State pension would be taken from my Government Pension. Just a sneaky way that the Government can say we do not tax State Pensions.
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