The Cyclist

They were told this prior to changing the NI rates. Rachel from Customer Complaints knew better. And of course this will push inflation even higher. C'mon Labour. 10% by September would be nice 😀😀 More tax rises coming in the Autumn, more nails in Labours coffin.

Nothing to do with economic pressures on pensioners across the UK 😀😀😀 Amazing what losing 70% of your council seats that were contested will do. Amazing what the rise of Reform will do. Both Labour and the Tories are finished for at least a few GE Cycles. You are both reaping what you sowed.

A sane and rational article 😀😀 Seems like a person you could hold a civil conversation with, for about 2 seconds.

I'm not worrying about anything. It's not a pre-planned move, It was an initial recce to get a heads up on the SRRV and visit a couple of mates and get a feel for the place. Initial phase of a Plan B, in case Thailand goes for global taxation.

Agreed. That is why I just spent 3 months in the Philippines scoping out the SRRV. I thought that was only valid until next year ?

Sure, I can fully understand that logic, all this foreigner stuff is new to the TRD, it probably scares them, and it increases their workload. Yep. And that is when a lot of people are going to meet their WTF moment.

Here is a list of assessable income https://library.siam-legal.com/thai-law/revenue-code-assessable-income-and-income-tax-sections-40-64/ Written down in black and white, by the Thai Tax Authority.

Section 40 details what is assessable income, not the individual. The individual needs to self assess if he is above or below the filing thresholds

Where does that say a Thai Tax Resident of Thailand does not have to comply with Thailands Domestic Tax Policy ? I know what it says, I also know what it does not say. And i have posted at least twice what Section 40 ( 1 ) says. Pensions are assessable income, which may be * Subject to Thai Tax * Subject to Tax Credits * Not subject to Thai tax as they are only taxable in UK as per an agreed International Agreement. Eh no, Exempt / non assessable are not mentioned in the DTA.

The Thai Revenue Code would not have International agreements memorized. Domestic - International. Not difficult to make the distinction. That would be up to the Individual to supply the evidence of why they are claiming an exemption / tax credit / any other.

Again Can you point out in the Revenue Code, or indeed the UK - Thai DTA where it states Pensions are non assessable or are considered exempt income for Thai Tax Purposes. Pensions are stated in the TRC as assessable income . It does not give further breakdown of Pensions that are assessable or non assessable.

There is nothing deflecting or irrelevant in this https://library.siam-legal.com/thai-law/revenue-code-assessable-income-and-income-tax-sections-40-64/ It is there in black and white, I have even made it bold for you.

Probably in the same manner that would claim a tax credit. By supplying supplementary paperwork. Showing what you are claiming is true.

Of course Every Brit only remits a Government Pension Every American only remits SS The RD will believe those lies every day of the week. Because they were too lazy, couldn't understand it, it was too much work. What happened previously is not an indicator of what happens in the future.

Really ? Agreed with the above ? TRC Section 40 Assessable income I'm only dealing pensions here. A Pension over 60k / 120k / 220k a year is assessable income according to Section 40 ( 1 ) of the Thai Revenue Code. And as a Thai Tax Resident I should file a tax return. Agreed ? So I file Tax Return as required by Law and then claim a Tax Exemption by providing the evidence that it is a Government Pension, and is only taxable in the UK according to the UK - Thai DTA. If I have a non Government pension, I also file a tax return, provide evidence of tax already paid in the UK, and will be issued with a ax credit that will be offset against any Thai Tax liability. The same process will apply to all the sources of income as listed here https://library.siam-legal.com/thai-law/revenue-code-assessable-income-and-income-tax-sections-40-64/

Thank you. And this is the important part. Exempt from tax Not exempt from complying with Thai Tax Law if you are a foreigner who is a Thai Tax Resident. The Revenue Code is Thai Tax Law - Agreed ? Royal Degrees / DTA's / Some Visa's - Will provide exemptions to the Thai Tax Law, applicable to some people. They do not exempt anyone from complying with Thai Tax Law.

Exactly Section 40:of the Revenue code dictates what is assessable income. Not DTA's or Visa's

Then why is Section 40 in the Thai Revenue Code ?

Oops Add inflation up to that list

And that is where the misconceptions come from. DTA's do not define what is assessable or not assessable income under Thai Domestic Tax Law. The Thai Revenue Code is Thai Domestic Tax Law. It defines what assessable income is, and neither does It doesn't need to know what 61 DTA's are. The people who are Thai Tax Residents, who fall under the Revenue Code needs to know what their particular DTA is. Never mind indeed.

That statement might bite you on the @rse after the Hamilton By-election next month. Appears to be a 2 horse race between the SNP and Reform

Why do you feel the need to go round the houses on this ? The Revenue Code ( Thai Tax Law ) is quite clear what assessable income is, the Revenue code applies to Foreigners that are thai tax resident. The procedure is to declare your assessable income, then produce whatever you are using to exempt you from paying tax. Whether that is a DTA, some fancy Visa or whatever. Treaties do not stop you from complying with domestic Law, they will have an impact on how that domestic Law is applied. Ie, I am a Thai tax resident, I have X amount of Income, you cannot tax it due to XX treaty or YY visa. Assessable income is laid out in the Revenue Code. Non Taxable / Exempt taxation / other is a different kettle of fish

It never failed, because it never got off the ground due to Labour and Lawfare. Starmer cancelled it and he now owns the waste of taxpayers cash. If he had a brain, he would have run it for 6 months to see what the deterrent effect was. Instead we now have record numbers of Illegal Gimmegrants flocking across the Channel. And chicken brain running about trying to create offshore hubs. And being told to do one. You are like Starmer at PMQ's when given something that you do not have a scripted answer for... A stunned goldfish impression, combined with the gushing of verbal diarrhoea.

Due to Lawfare. Not a thing wrong with the policy or the reasoning behind it. Starmer cancelled it, and wasted around £700 million. The clueless creature is now running around kissing @rses to try and set up offshore return hubs, costs unknown, but it will be triple figure £ Millions. You really should try engaging brain before engaging keyboard. Here is Starmers 1st humiliation over his offshore hubs there will be more to come.

Could you tell me what propaganda I am lost in Here is the initial deal https://www.bbc.com/news/uk-politics-64916446 Other " Incentives " have been paid since then.