The Cyclist

Been through this before. KBank and every other bank require this information to comply with CRS. This is not banks being a PITA, It is not Thailand being a PITA, it is required to comply with the reporting procedures dictated by an International agreement that Thailand has signed up to. Again, you are confusing reporting limits with taxation limits once allownces and deductions are applied. If your interpretation is correct X - Y = Z, therfore no need to file, why does the RD have this https://www.rd.go.th/english/23517.html Do you see who makes an assessment of assessable income ? An assessment Officer, not an individual. If it was up to individuals, there would be no need for a dispute resolution mechanism, every filing would be spot on.

Am I meant to be scared ?

Really ? You are the one that is confusing tax filing levels of 1. 60k / 120k / 220k. I'll repeat tax filing levels. 2. With Deductions and allowances. No wonder that you are bouncing around rather confused

Yes, I am aware of that. I don't think many, if any of the posters I was refering to, remit income that is below the filing threshold. Even the small UK State Pension is above the filing thresholds of 60k / 120k / 220k

That little sentence that says " You also risk having to pay a penalty or may have legal action taken against you " Is a misprint and shouldn't have been written 😀😀 There will be a few confused faces when State Pension payments are suddenly suspended

Heaven forfend, not all onformation is made available on a website, who would have thought it, especially when it pertains to potential fraus or criminality. Malfeasance will never come in to the equation in the protection of public money. Someone wishing it to be so. Does not make it so.

1. Get an annual bank statement 2. Attach whatever proof you have of where the money comes from, taxes being paid etc. 3. File safely at home in an A4 envelope marked on the front Thai Tax Year 2024. 4. A photo taken at your Revenue Dept Office might also be a good idea. Whilst this will not prove that you tried to register and get a TIN, it would be handy to have in the event that you were invited for an interview.

I don't think that they are averse to obtaining a Thai TIN per se. I think, for some, they are averse to their home Countries finding out where they are. Email reply I recieved last week I cannot remember, but I'm pretty sure that I did not complete these forms when I opened the account over a decade ago. I possibly signed them in January 2024, when I last done a lot of stuff in Branch, but cannot remember.

You need to add in addition to being dead, a reason to believe that fraud is being committyed, any number of other offences are being committed and State Pension can be suspended until investigated and all found to be in order. You would be hard pushed to prove malfeasance when it comes to the protection of Public Funds, far less be sacked for it. Perhaps the question you should ask yourself. Is it possible that lazy Government employees could be incentivised to highlight possible fraudulent claims. The second part of that nonsense, is that it will not be lazy Government employees that are doing the actual investigations, it will be a team of accountants. The current UK Government, is in a bit of a financial pickle, even before the last Budget works its way through the system. Desperation measures will be introduced in time for the new Financial year. As always, you are free to believe whatever you like, and that nothing will have a direct on you.

Why would I want to read above ? Are you going to howl that the State Pension is not sanctionable ? I couldn't care less if it sanctionable or not Payments can be suspended at any time by the DWP. Failing to update your details and taking annual increases that you are not entitled to, is fraud. And no doubt wazzocks, who think they know better, will find out the hard way. I wont laugh, much.

You commit fraud, by failing to update your details and continue to pocket Taxpayers money that you are not entitled to. Like Annual uplifts in Countries where the State Pension is frozen.

I wouldn't waste your time if I was you. Non sanctionable is probably correct. Which doesn't alter the fact that. 1. The DWP can suspend payment of the State Pension. 2. In the case of fraud, it will likely be a Court Appearance. Not sure if the State Pension is atill payable, whilst someone is detained at His Majesties pleasure.

I think that is a given.

Yes, indeed. But those unpopular decisions are nothing to do rectifying anything that may, or may not have happened over the previous 14 years.

Labour are not making any unpopular decisions to rectify anything. And I will be happy to educate you on any decision taken so far that you think is a good one. Any idea what Starmers Super Injunction is about 😀😀😀 I will be surprised if Labour are still in Government next Christmas ETA We could start right at the beginning with the £22 Billion black hole. Which by some weird accountancy trick, equates to the 1. £10 Billion Public Sector pay rise. 2. £12 Billion Milliband gave to Africa for Climate Change Crap.

Just remind them who brought down Al Capone, and for what reason. Is it really worth taking the chance ?

Lefties dont do Irony An Australian poster, being the most prolific poster on a thread about Trump / America, is rather....... Ironic

Which is covered by Thai Domestic banking rules and regulations. Which is nothing to do with CRS, which is concerned with money being moved across borders between the Countries signed up to CRS

Think you should wait until the end of March, plus a couple of months, before declaring ' No questions asked '

And you believe them ?

As the thread concerns CRS, where the main thrust is to deter and detect tax avoidance / evasion, they do indeed require a trail. That trail starts with the account holder and monies remitted into that account. How many of those 1m THB have been deposited in 2024 ?

Yes, it is correct. Why would I have a load of jealousy ? Ahhhhh, you think I am on a State Pension. You thought wrong.

The State Pension comes with a transfer code, something like this ????? / DWP / ?????? Anyone who is getting the State Pension paid to a UK account, the new changes will allow the DWP to look into your account. I wonder what will happen, when the look at an account, see multiple transfers out via wise or similar and no UK Transactional data, like the use of a debit card in the UK. The ' Stop Payment ' button will be smacked and a letter will be sent out telling you your pension has been stopped and you have an interview in 2 days time to explain why it should be ' Unstopped ' Guess what is going to happen when you miss that interview ?

Its all fake news and a great big conspiracy theory, according to some 😳😳

Not sure that this is accurate. The Banks, in this case Kbank, will need a trail for income deposited in that KBank account, if it comes from overseas. As an example, income remitted from the UK, into a KBank account would require the account holders UK NINO / UTR, to follow this trail. Otherwise they could not square the reporting circle. John Smith ( as an example ) remits a million Baht a year from the UK, into a KBank account. Great, but which one of 500,000 John Smiths is it ? No different from