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The Cyclist

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Everything posted by The Cyclist

  1. And it would appear, from the response of 3 RD Offices that pensions from the UK are not deemed as assessable income, by those 3 RD Offices at least. Pak Chong, Nan and Ubon. What other RD Offices might do, or say, I have no idea.
  2. Perhaps because they might be valid points ? You have took 3 examples from 3 different people, from 3 different RD Offices and compiled list as to why you are not happy with what those 3 RD Offices have to say And you accuse me of being When, to my mind, the sensible thing to do would be to take those questions to a Tax Expert or even better, the RD themselves, and ask them there. That way you can ask the questions that you want to ask, instead of badgering people who did not ask questions, because they took the win, took what the RD Office told them at face value and walked away.
  3. As you know the reasons, and I have advised you on those reason since October. It really should come as no surprise as to why I did not ask any questions. * Take the win and walk away. * I also believe that the Pensions referred to in Section 40, pertain to pensions derived in Thailand and not overseas income, be that pensions, or US SC or any other number of incomes that people might be receiving. * Which would also tie in with my long held understanding that if you did not derive any income in Thailand, there was no need to file tax returns * Which is a belief that is also held by the 1000's of others who also do not file tax returns. Over the course of the next 15 months, my belief, and the belief of 1000's of others may well be kicked into the grass, and we might have to file from the end of 2024. C'est La Vie, as the French might say.
  4. Somebody with the same mindset as me. Take the win and swiftly and politely move on.
  5. Nope Tax year 2024 was not discussed, any potential upcoming changes were not discussed.
  6. Paging @Shoeless Joe Can you remind us of your visit to your local RD Office again Paging @Isan Farang Can you remind us of your visit to your local RD Office again. 2 that I can recall posting on the thread, and I think with similar experience to mine @Will B Good might have followed up on his unanswered emails.
  7. So what was Assessable Income " prior to 01 Jan 2024 ? Was it not * Pak Chong RD Office think otherwise. * I will defer to numerous previous comments, made by myself, and others, who were led to believe, although probably did not know for a fact, that my UK pensions, and other sources of Income were not considered " Assessable income " in Thailand for tax purposes. Which is why I, and many others have never filed Thai Tax Returns. Why you keep banging on about Is a bit of a mystery. Why would I, or indeed anyone else ask questions on the why ? I went with the sole intention of obtaining a TIN and filing a 2023 tax return if it was required. Just like I do not need to know the why or the how various parts of my car operate. That is what Service Stations are for, or RD Offices, or Aircon Servicers are for. They are the people that need to know the why or the how.
  8. Whatever you say I couldn't care less what he comes out with, it is not really going to affect me. Other than having to go to the RD Ofiice once a year, or never setting eyes on the place again. Either way, I wont be losing any sleep over it.
  9. I haven't mentioned the new ruling in this thread, which stared 01 Jan 2024 that will come when the RD make a further announcement. *** Edited by moderation to remove flame. 2023 tax year is what is asked about. I also made it abundantly clear that I never asked any questions about any changes for 2024, and specifically said I would await a further announcement from the RD before proceeding any further.
  10. Yes, you have misunderstood. Nothing to do with the new tax policy starting 2024. Thai Tax Resident 2023 Pensions remitted to Thailand in 2023. Many posts made about having to file if you have assessable income. Nobody can correctly identify what assessable income is. Not being 100% certain what constitutes assessable income, the best bet was going direct to the RD and asking them if I was required to file anything. Not sure why people have difficulty in understanding this.
  11. Sure - I can understand that, that would be normal if someone was earning income in Thailand. I have never earned income in Thailand, never had a tax number or filed a tax return. With all the conflicting info that has been posted since Septembers announcement, especially around assessable income. I got off my backside and went to my local RD Office to ask 1 simple question. " This is what I bring into Thailand, Do I need to file anything, for tax year 2023 " ? I do not need to be told twice, or ask further questions when the answer is " No need to file anything "
  12. I don't think the above is quite correct. However, Because I was a Thai Tax Resident in 2023 and as the income was from pensions, technically it was remitted the year it was earned. My thinking being that it might be assessable income, even if no tax was payable. It has been battered about enough that assessable income requires filing a tax return. So to keep myself clean, I dragged myself to the RD Office, and asked the question. It is certainly a possibility.
  13. I went to find out if I needed to file anything for tax year 2023. I really do not / did not care what the reasons for " No need to file anything " were. **This post has been cropped by a Moderator to remove unnecessary flaming parts of the post.
  14. No, you are not reading me correctly and do not try and put words in my mouth. I have no idea why Pak Chong RD told me I had no need to file anything. And just for the benefit of any doubt I have no idea if the same will apply to other RD Offices. I thought this was quite clear and explicit Simple common sense tells me that income taxed in home Country is highly unlikely to be taxed again in Thailand. Which is why I have posted it multiple times, long before I went to the RD Office. Whether that comes in the form of exemptions, tax credits or some other method remains to be seen.
  15. I went to RD Office with 1 solitary aim. To find out if I needed to file anything for tax year 2023. I did not go there for a 6 hour Q&A session on the intricacies of Thai Tax Rules and Regulations * That I doubted very much if income taxed in home Country would be taxed again n Thailand. * DTA's were not mentioned and only 1 pension would be covered by a DTA * The combined amount of both pensions would be 6 figures on a monthly basis. Therefore, it is doubtfull that DTA's or amounts had any significance in the RD's answer. They may well have done, but a " No need to file anything " was good enough for me. ** A Moderator has removed the antagonistic and unnecessary parts of this post.
  16. Huh I will take it from that comment that your reading and comprehension abilities are severely lacking. I will try and make it even more simple for you. It took less than 5 minutes to say " Mr RD Man, I have these 2 UK pensions, tax paid in the UK, Do I need to file anything ? " The reply from Mr RD Man meant that no further discussion was required.
  17. No idea if this makes any difference. Both my pensions are remitted to Thailand direct from the Pension administrators. I have no funds transferred from my UK bank or via a 3rd party like Wise etc. I have currently stopped my Private pension being remitted to Thailand and will go to my UK account until The RD make a further announcement. My Gov Pension comes with the code XXX - PAYMASTER - XXX, which I believe will identify it to the RD as a UK Government Pension and by extension non taxable in Thailand due to the UK - Thai DTA. For the time being, until further instructions appear via the RD, I think my bases are covered as far as the Thai Taxman is concerned.
  18. You are welcome. I tend to treat people as I find them Lovely lunch and then stopped off and picked up this Couple of slices of cheesecake for laters.
  19. Try reading my post on page 1, it really is self explanitory. Try reading my reply to @JimGant that you previously quoted, it is also self explanitory. Assessable income, tax thresholds, deductions, or any other guff, was not discussed. 2 x UK pensions, both taxed in the UK and told no need to file anything. That really was the extent of the conversation. You appear to be asking a lot of questions, that someone of your supposed expertise should already know. It may also be of no assistance to other posters unless they are also potentially going to use Pak Chong RD Office. Once the RD extract the finger and issue further guidance.
  20. Do you really think I would have driven to the RD Office, asking questions about a sum of money that falls below the Thai Tax threshold ? Which is now a moot point as it is now banked in the UK until the RD extract their finger and issue further questions.
  21. I cannot answer that question, as it will be deemed * Not pertinent to the thread * Off Topic * Argumentative. I'm sure @JimGant has seen the figures, they were posted in the 200 page long thread.
  22. I didn't, but it was no skin off my nose to go and find out Therein lies the rub. What constitutes assessable income. To my way of thinkingI Government Pension, covered by DTA and not assessable income. Private Pension, not covered by a DTA and might be considered assessable income. They didn't give one, to the best of my knowledge. As a side note. I only went as I was fairly certain that my 2 UK pensions, both taxed in the UK would not be subject to further taxation in Thailand. What I did not know, was if I was required, as a tax resident of Thailand to file anything. For 2023, according to my local RD Office the answer is no. I also now have an A4 envelope, containing all the paperwork for filing a 2023 tax return, should any issues arise in the future. For me, it was a base covering exercise. I was pretty certain of the outcome before I left the house and headed over there.
  23. Armed Forces Pensions ( Army, Navy, RAF ) are the first pensions listed on the Uk Governments list of Government pensions. As such, it is covered by a DTA and non taxable in Thailand. The link to the actual Government webpage was posted in the 200 page long thread.
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