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The Cyclist

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Everything posted by The Cyclist

  1. Not quite If you beat him to death in your home, you will be charged, tried and probably acquitted. If you chase him 500. metres up the street, then beat him to death. You will be charged, tried and probably convicted of manslaughter. I agree, the UK does need a revolution, or at least drastic action taken before it is too late ( Although, it may well be too late )
  2. What are you gibbering about ? The Journalist name is Allison Pearson, she wrote the original article Here is the latest follow up article
  3. That is very possible. And the major reason why I have said on numerius occassions, that there is a possibility that if you rock up at the RD to declare your remitted income that has already been taxed elsewhere, they will simply tell you to go away or no need to file. Having proof with you, that it has already been taxed, would help massively. There would simply be too much work involved 1. Go through someones annual remittance 2. Apply TEDA's 3. Subtract tax already paid 4. You owe us Baht 50. They could do this, but I have ny doubts. Of course, it would be a different story for people who are remitting millions of Baht per year, in income that might or could be taxable in Thailand. Such as CG, stocks and shares and whatever else is a bit of a grey area. Those people are highly unlikely to be asking questions on this forum and will simply hire the services of a proper tax advisor / accountant. Who will deal with the RD on their behalf, including any issues that might arrise. The only real issue that I can see, is people that have different sources of income paid into an account in their home Country, then remit to Thailand, and then try to claim it as savings / pre-taxed income or any other combination. If monies are direct deposited to Thailand such as pensions etc, the transfer code that comes with the remittance will tell the BoT, the RD, and anyone else interested, exactly what that remittance comes from and what it is for.
  4. Thank you. That was all I was saying. There is every possibility that remitted income already taxed, might not be taxed again in Thailand. It is possible, which is nowhere near saying that is what will happen.
  5. You would need to ask the RD how they interpret it. If I submit a tax return for income from the UK which has already been taxed, complete with the tax paperwork. I can imagine that the RD could wave it through without further Thai taxation, rather than going through a process that means getting into tax credits and refunds, and such like. Not saying they will, but I could understand it they did.
  6. Then I suggest you read a couple of threads where people, including myself, have taken the time and effort to visit their local RD Office and you can read for yourself where RD Offfices have offered assistance and advice. I will direct you to the FAQ sections on the RD website. Where it states that the most beneficial tax rate to the taxpayer should be applied Its question 5 here https://www.rd.go.th/english/23520.html Therefore it would not surprise me if money was already taxed for the RD to ignore it for tax purposes. You, of course, are free to think whatever you like.
  7. This is not in dispute Which might by why I have suggested to other posters to err on the side of caution and if they are remitting income from abroad, that is not specifically exempt / non taxable in Thailand due to a DTA. If it exceeds the 60k / 120k / 220k limits, seek the advice of the RD dept, or pay for a Service through a tax consultancy. What I said, and what you are referring to, is the spirit of a DTA, which is to avoid double taxation. It will be entirely up to the RD If they apply the spirit of a DTA, or whether they apply the letter of the RD Code / Law. They actually have the ability / flexibility to go either way.
  8. Thanks for that. You should maybe have read the rest of my comments. And I also do not belive that what I said is contradictory to what is said in the RD rules and laws. I said I believed that if the RD applied the spirit of a DTA, then income that was already taxed in home country would not be taxed again in Thailand. At no point did I say that Thailand would not, or could not tax it.
  9. Then the role is not suitable for the Tottenham Turnip. I doubt he could build a house out of Lego blocks.
  10. Then you should watch this video, it is specifically aimed at the so called expert in the very first post .
  11. No idea why you quoted me and then posted this I think you should put the laughing juice down and stop posting.
  12. Are you even in Thailand ? The wasting of trees seems to be a National pastime, especially in Government departments. So if you are in Thailand, as a tax resident, you do what you think is best when it comes to your income and whether you need to file a tax return. Personally, I couldn't care less what you do. But if people are still asking genuine questions, I will try and answer them, where possible, even if it is only generic advice that might save them falling foul of the RD.
  13. Absolutely I would be utterly astounded at this stage if all RD Offices were giving out the same responses. I would be even more astounded if they ever gave out the same responses.
  14. No, I went in person with all relevant documentation to my nearest RD Office
  15. What people are entitled to claim in TEDA's has been posted ad nauseam. The final arbiter of these TEDA's is an RD Official as per Section 38 of the Revenue Code. Given that it has been reported in the Press that the RD has been swamped with false / fraudulent claims for tax year 2023. Don't be surprised if they scrutinise TEDA's rather harshly.
  16. I did last February and posted the results on this forum somewhere. 2 x Pensions from the UK, both taxed in the UK. All documentation in a nice presentation folder, trusty intereptor by my side. No need to file anything, was the very polite reply from the RD Officer.
  17. That is why I have said on numerous occassions, the onus is on the individual to work out whether they need to file, or not, as the case may be. It is also a good idea to be armed with a list of TEDA's that an individual is entitled to claim, if they do have to file. Nothing wrong with that per se, and would of course be up to you. Although I am not convinced that it would achieve anything, except perhaps making you feel a bit better.
  18. Better to be safe than sorry So, if it was me. I would rock up at RD Office, complete with ATM withdrawal slips and ask the RD " Do I need to file a tax return and how do I do it " Let them guide you
  19. My opinion only. ATM withdrawals / CC Spending on foreign issued cards would only come into play if the RD were actively trying to nail you for tax avoidance / evasion. Then they would start a deep dig. The means to do so exists, not sure the will exists to deep dive into every foreigner in Thailand. Very much a pays your money and takes your chances situation.
  20. To the best of my understanding US Social Security is exempt / Not taxable in Thailand. Therefore no need to file a tax return. A direct Deposit of US SS to Thailand is easy to prove, from a personally account in the US to a Thai bank account, not so easy to prove. If your US SS and profits are coming from the same account in the US to a Thai Bank account. You need to take whatever route you think you need to go down. The potential for conflict is easy to see and understand.
  21. See post above You are correct, there are grey areas. I am not going to try and fight a grey area with the RD when my paperwork / evidence is not top notch. The issue would be proving it is ( whatever money / income ) from prior to Jan 2024. If people want to go down that road, good luck to them. Again, it does come down 2 considerations * Is it considered " Assessable income " * Is it not considered " Assessable income " That really is the bare bones of it. And only an individual can draw a conclusion from their own circumstances and act accordingly.
  22. Yes, I agree But I am not getting into the minutia that may / or may not apply to Individuals, and trying to stick broad brush. And all I will would say on that specific point. Good luck arguing that point if your record keeping is not top notch.
  23. I will rephrase If you remitted income / money to Thailand in 2024 then If the money remitted is exempt / not taxable in thailand due to a DTA then it is not ' Assessable income ' for tax purposes and their is no need to file anything Keeping very good records would be a good idea ) If money remiited during 2024 that is not specifically exempt /or non taxable in Thailand under a DTA. If it exceeds the 60k / 120k / 220k limits then ( IMO ) it becomes ' Assessable income ' for people who are tax residents of Thailand. It is up to individuals to * Read and understand DTA's * To work out if that money remitted is ' Assessable Income 'and exceeds the 60k / 120 / 220 thresholds and file accordingly. I would suggest that people should err on the side of caution. If they are not sure, go sometime between Jan and March 2025 and attempt to file a tax return. Let the RD tell you no need / go away / yes you need to file.
  24. CEA in the Forces has been under scrutiny for a long time. Even more so today, as overseas postings are getting fewer and fewer. The case for CEA is not helped when Major Generals are jailed for fraudulently claiming it. https://www.forcesnews.com/news/senior-army-officer-jailed-falsely-claiming-school-fee-allowances The most senior person caught, there are many others. This is nothing to do with the VAT raid. And more to do with having to hands in their own pockets.
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