Everything posted by The Cyclist
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Thai tax tangle: Expats warned of new rules on overseas income
Nope, I said this is how I would have filled in the form. That is not arguing. If you cannot get that correct, no point in reading anymore of your comment. Now I really got to ask myself, why you, gant, and a couple of others are so enthralled about what I do with tax filing ? Are you all one and the same person ? You all appear to suffer from the same affliction, bad English comprehension skills. Or are you scared that someone doing what they believe to be the correct thing, puts a target on your back ? It must be something. They way you all cannot accept that someone can read something differently and take a different course of action, is not normal behaviour. You're acting like a pack of soi dogs. Not one of you is qualified to question my interpretation, and I will do what I believe to be the correct thing to stay sweet within Thai bureaucracy, even it turns to be not actually needed. No harm done.
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Thai tax tangle: Expats warned of new rules on overseas income
Ohhhh shut up and go back and check his original post. Entered on computer and printed off a no tax to pay document. Go and report me or shut your piehole.
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Thai tax tangle: Expats warned of new rules on overseas income
If he has already filed, how can I be giving him advice ? I did of course, mean filing and using tax credits, even if the form was a bit off. I believe it was actually the RD Official that actually entered it onto the computer. So if there is an error, that error was caused by the RD Official. PND 91, the form the RD Official drafted for me is for Income from employment under Section 40 ( 1 ) For a single Pension, she did draft the correct form, even if it is not currently correct for 2024 filing. So yet again. I will take direction from the RD Office, rather than anonymous internet pixels, who appears to have severe English Comprehension problems.
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Thai tax tangle: Expats warned of new rules on overseas income
Are you somewhat challenged ? I never mentioned anything about a tax credit being deducted from anywhere. Mentalism at its finest Posting a copy of the RD Credit Method. Is not giving anyone advice. I said I believed he had done the right thing in filing. I made not a single comment on what he did to file, during the filing, or finishing his filing. Now cease and desist with your absolute claptrap,sort your English comprehension skills out, or I will start reporting every post you make, when your comprehension skills are abysmal.
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Thai tax tangle: Expats warned of new rules on overseas income
And ? It means that there is 75% of the time still remaining. Couldn't care less I believe tax forms can be filled in either Thai or English. Still no idea why you are getting your knickers in a twist.
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Thai tax tangle: Expats warned of new rules on overseas income
English comprehension issues again ? I still have 2 and a bit months to file, no need to repeat yourself on a daily basis on the subject. You come across as being a bit OCD. You can get help for that.
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Thai tax tangle: Expats warned of new rules on overseas income
I Yes, it is apparently so difficult to understand Category 1 ( of 8 ) (1) Income derived from employment, whether in the form of salary, wage, per diem, bonus, bounty, gratuity, pension, house rent allowance, monetary value of rent-free residence provided by an employer, payment of debt liability of an employee made by an employer, or any money, property or benefit derived from employment.4 Where the issue lies is with some trying to morph Pensions, into non - assessable.
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Thai tax tangle: Expats warned of new rules on overseas income
I'll have an answer to that, when. 1. The updated English forms make an appearance, or 2. Whatever the Revenue Office advise.
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Thai tax tangle: Expats warned of new rules on overseas income
You think wrong. UK Government Pensions are only taxable in the UK. It doesn't really matter to me what places / spaces are available. I will be claiming a complete exemption from Thai Income Tax by way of DTA. In theory it only needs 2 spaces / Places Income Remitted Income exempt A copy of UK - Thai DTA attached.
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Thai tax tangle: Expats warned of new rules on overseas income
If that is what you believe, crack on and do what you think is best for you. Honestly, I couldn't care less what you do.
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Thai tax tangle: Expats warned of new rules on overseas income
Why would I pay tax when it is only taxable in the UK. I am working on Revenue Code Section 40, Part 1, pensions are assessable income. The UK - Thai DTA states that it is only taxable in the UK, therefore will be exempt Thai income tax, and will be yet another " Null " filing.
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Thai tax tangle: Expats warned of new rules on overseas income
Where does this say taxable in Thailand ? It helps if you kan reed before calling someone stoopid. Because it really makes you look like a retarded cabbage.
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Thai tax tangle: Expats warned of new rules on overseas income
Exempt from what ? Exempt from Thai tax ? Or Exempt from tax filing ? 2 very different things
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Thai tax tangle: Expats warned of new rules on overseas income
For what it is worth, I believe you have done the correct thing and used this correctly ( Even if the paperwork is a bit off ) And despite all the backwards and forwards on here. When I file with my Government Pension I will be using this https://www.rd.go.th/english/21973.html I believe that to utilise a DTA, you have to file to make the claim. Too late, when and if you get a knock on the door to explain why you haven't filed.
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Thai tax tangle: Expats warned of new rules on overseas income
Thats fine, you can interpret it how you want, Sure, I agree exempt for the calculation of tax. Not exempt from filing a tax return. As it has only came into effect from the 01 Jan 2024, it would not be on prior tax forms, and the updated English Version has not been released yet. See above Furthermore, it is not for me to explain. It would be for the RD to explain, but perhaps holding your horses until the updated English Forms come out, or take a trip with all your paperwork to your local RD Office and get them to assist you face to face, might be better than trying to demand answers from another foreigner, who is in the exact same boat as you are.
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Thai tax tangle: Expats warned of new rules on overseas income
Watch the video from 7.30 to 8.30 2 criteria that the Revenue Department use for assessable income for tax No difference between Thais and Foreigners. The same rules apply 1. Income brought in from overseas from after Jan 2024 is assessable income for tax. 2. Especially for foreigners, if you stay 180 days or more you are a taxpayer. You can then listen to the expat going on about everyone staying within the rules. You can read that anyway you like, and so can anyone else. I read that as, here 180 days or more, remit income gained after Jan 01 2024, you are classed as taxpayer and you need to file a tax return. Your specific DTA will determine, what, if any tax, you might have to pay. Being under the umbrella of a DTA does not exempt anyone from complying with Thailands Tax rules and laws. It doesn't matter what I believe. It matters what the RD Guy in the video believes and what has been pushed out to Revenue Department Offices. And that does not exclude the same thing that happens at different immigration Offices, where thay might actually do different things at the local level.
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UK Exodus of Millionaires Highlights Concerns Over Labour’s Tax Policies
All going well for Reeves https://www.theguardian.com/business/2025/jan/22/uk-government-borrowing-rises-rachel-reeves-bond-markets
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Thai tax tangle: Expats warned of new rules on overseas income
How many times do we need to go around this house ? I am not saying that Pension is taxable in Thailand. I never have done, and never will do. Filing and taxing are 2 different things. Here is my view / current understanding ( Yet again ) Therefore
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Thai tax tangle: Expats warned of new rules on overseas income
This will be comedy gold. Explain how the above is Over to you.
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Thai tax tangle: Expats warned of new rules on overseas income
My bad, I didn't see that And yet again, Section 40, Part 1 of the RC, makes clear that Pensions are assessable. And this is the part that you are not getting. A DTA does not say that a particular pension escapes Thai Tax Law, rules and regulations. It says that it is only taxable in Country X, Y or Z. If you can show me a DTA that says different, I might listen If you can show me in the Revenue Code where as a ax resident I do not need to declare my Government Pension, by filing a tax return and having it exempt from tax by dint of a DTA, i might listen. Until then, I will go with my interpretation/ understanding, and my local Revenue Office can make a decision on whether it needs to be declared and filed on a tax return. Not some anonymous pixels on the internet.
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Thai tax tangle: Expats warned of new rules on overseas income
How does " We " equate to being self centered ? Something else you didn't really think about before hitting the keyboard. Give it a rest.
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Starmer on New Southport Enquiry & Massive Failures that led to the Attack
Lefty code for Rapists, drug gangs, and other petty criminals.
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Starmer on New Southport Enquiry & Massive Failures that led to the Attack
For the brain dead that walk amongst us. Can I just point out that above is sarcasm. Based on reality
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Thai tax tangle: Expats warned of new rules on overseas income
I dont think the original poster of that particular comment has been back to correct anything. And as you didn't make the comment, you are no position to correct anything.
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Thai tax tangle: Expats warned of new rules on overseas income
Ahhhh Ok, got it Hi Gant, keep panicking.