sometimewoodworker

You already know can’t do anything like that in Thailand. Leave it outside Thailand in a trust

You / your wife are responsible for deciding if it actually a gift (you gain nothing from the gift, she doesn’t use any of it for household expenses, she doesn’t give you anything or buy anything for you) if it is not really a gift it is probably assessable income so taxable if is truly a gift there is no tax to pay you may sometime in the next few years be audited by the TRD you will then have to prove that it was actually a gift, so it behooves you to keep account of what it was spent on

The liability is actually 82,999.2 on 1 million baht remitted less the U.K. tax paid (if any) on the £ sent but only if they are not married (+60,000 allowance +30,000 per parent-in-law and none of the 1 million was pension (+100,000 allowance) they are under 65 (over 65 +190,000 allowance) have no Thai health insurance have no Thai life insurance the expense allowance is universal and already calculated in the 83k so for younger people not getting any pension income with few ties to Thailand 83k tax to pay

There is no guarantee that doing that will a better result, or even one half as good.

The problem with a continuous weld is the serious amount of heat that will be transferred and that will warp the rods, that combined with the fact that there is no benefit in having a 250,000 PSI weld if all you need is a 5,000 PSI weld

I really fail to understand how requirements for virtually all banks (SCB is an exception) to require a biometric identification (face) for all transactions (outside your own accounts) over ฿50,000 makes any difference to tracking and how they do not make fraudulent transactions more difficult. so I am really interested in your reasoning, I would say logic but can see nothing logical in your statements, if there is any logic please give an example. However diversifying your accounts can be a useful tactic and is one I personally use.

Further to that if only a locally issued card is now a requirement then their will be a problem because “Our cards aren't available in Thailand” from the wise app you will get this message. Thailand has recently been imposing more and stricter rules to reduce fraud, so far my U.K. issued card has had no problems, however the added security of 3DS is quite often invoked

I have no idea why you make that assumption. Multiple filler rods are widely available Incorrect assumption. It would not have been a good job if the did No. The tacks are poorly attached on many of the pictures. They should have been followed by proper short welds generally tacks are just to prevent movement until the correct weld is performed

And for longer deposits

After being remitted to Thailand and after the receiver has decided on the designation of the funds and need, or not, to include them on a tax return the naming of those funds is of no consequence, though SWMBO often considers most of them to be hers

That in bold is not true and there are significantly different rules for a permission to stay from a visa /non visa entry compared to an extension of a permission to stay. The confusion that has arisen from using the wrong terminology has caused significant hardship to quite a number of people. This is again a subject where correct terminology is important. However this is not the correct thread for an immigration department discussion.

Of course it is It is not. You decide if it is assessable income, non-assessable income or not income. The TRD may decide to audit you or accept your decisions That is not what I have said. Please re-read From what you have said it seems that for some reason you do not understand that just because income has been taxed outside Thailand it does not become non-assessable and so immune to Thai assessment and possible taxation. post 1/1/2024 all income remitted to Thailand whenever earned unless protected by DTAs is assessable. It makes no difference if it has already been taxed. The only difference is that the tax paid outside Thailand reduces the amount of tax the TRD collects due to various DTAs That is absolutely correct and is looking at a single countries view You decide where the money originates, so no forensic team is required. But if the TRD decides to audit your return you will have to prove that funds received are not from income if you haven’t declared them. NB it is your responsibility to prove the source of funds not the DTAs again it’s up to you to prove the origin due to this exact situation I bed and breakfasted my investments in December 2023 you will find that having more than 1 account provides a reasonably easy way to differentiate money and avoid the problems of commingling There is no suggestion that they will stop the self reporting. Since the primary goal was (supposedly) to stop the loophole being most visible exploited by rich Thai’s it remains to be seen if the rules will have the desired effect. I posit that the tax being avoided by rich Thai’s is much greater than the foreign tax take

You should not try to shift the responsibility for misinformation. If you promote misinformation you are at least equally, if not more, responsible It is quite possible that you or the “professional tax consultants, CPA's and other financial services experts” have been lazy in reporting the conclusions drawn or have fallen foul of the Chinese whisper syndrome. to repeat my self but to add a little that I assumed to be self evident According to the TRD it is always income it never becomes savings when remitted to Thailand, According to the TRD it has always been income it never becomes savings when remitted to Thailand, According to the TRD it will always have been income it never becomes savings when remitted to Thailand, Once remitted, assessed and taxed if applicable by the TRD it can be anything you like

It is not my definition. It is the definition of the TRD You can disagree as much as you like with their definition but see how much they care.

Just because you have historically discussed things in one way doesn’t make them the correct way. If you can’t see the reasons for the analogy then you probably can’t see why (it seems) your discussions have drawn incorrect conclusions and why dictionaries are required. There are a group of people (sovereign citizens) who have become equally misinformed

Heads up We are not living under Worldwide Taxation rules we are living under (discussing) Thailand’s taxation rules You could possibly argue that Thailand treated income (they did not but you could argue the point) in that way prior to 1/1/2024. In fact they just regarded non current years income as non assessable income your instance of using the word savings to refer to what was taxed income is a disingenuous way of referring to it and leads to a misunderstanding and incorrect belief that you can bring in any amount of ”savings” (your term) and have zero tax liability. This is because Thailand does not consider remittances of savings as taxable. However Thailand does (now) tax remittances of income (DTAs allowing )(irrespective of when earned post 1/1/2024) as taxable you could equally call one of these an ideal household pet but if you do and you and others believe you, then don’t be surprised when you and your friends become live “pet food” I trust you can now see exactly why any redefinition of income as savings is foolish and promotes misunderstanding. You could call it ‘saved income’ but by the definition that is important Thailand’s taxation rules it is always and forever income when remitted to Thailand. After it’s remitted and assessed for taxation it can become anything you like. Beer seems quite popular 🙂

They, or ones similar to them, are widely available in the better builders merchants or pre formed concrete suppliers. While is been years since I actually shopped for them I regularly see them for sale. As you can see in all my posts I am in Udon Thani province.

That you define after tax remittances as savings suggests that they should not be assessed for a Thai tax liability. The TRD doesn’t and expects you to assess the majority of them as income. You are welcome to continue to believe that is the case, however if the TRD decides to audit you, you will quickly find that that assessment is wrong and you are likely to have some interesting and expensive conversations

If you are staying in your home country and your income is staying in your home country where you are taxed or not depending on your tax allowances from your home country your point of view is reasonable. However if you remit funds to Thailand you are fundamentally wrong and my statement on income never transitioning from income into savings is the way the wayThai revenue department regards the situation is totally correct, to reiterate it is always income it never becomes savings, it has always been income it never becomes savings, it will always have been income it never becomes savings if that were not the case then anyone who remitted funds to Thailand that had already been declared to their home country would never have any Thai tax liability, this is clearly wrong and anyone who has income (you are calling it savings, the TRD does not)remitted to Thailand in excess of all allowances is due to file a Thai tax return and many will have some tax due after deduction of the credit for the home countries tax that has been paid. any one who thinks that after taxation your income magically changes state from income to savings is very sadly wrong and probably has no way of understanding the situation NB this is only important from any and all earnings post 1/1/2024 as prior to that your money could have been earned by performing services to a unicorn and it would be un-assessable

You can not convert income of any kind into savings , you can save income, it is then saved income it is always income it never becomes savings, it has always been income it never becomes savings, it will always have been income it never becomes savings income is either assessable income (the vast majority) or non-assessable income Transfers into Thailand from overseas are often, but certainly not always, from income if the transfer is from funds accrued pre 1/1/2024 there is no reporting requirement if the transfer is not from income there is no reporting requirement if the transfer is from non-assessable income (a few countries have agreements that make some income non-assessable) there is no reporting requirement if the transfer into Thailand is from all other types of income there IS a reporting requirement Despite the fact that there is a de facto requirement to file a tax return if you have income or transfers of income many tax department offices do not require (or want) a tax return filed if there is no tax due or no refund due that the revenue department doesn’t want you to file a zero tax due does not stop you from filing one. It is an exercise in futility but complies with the strict wording of the rules and makes some people feel warm and fuzzy. Thailand has a pragmatic approach to rules and laws it does not follow the Teutonic principles that all rules and laws must always be followed to the letter.

Your semantics and logic are totally flawed. 1) all income earned prior to 1/1/2024 can have any name you like as it is not assessable 2) all income earned post 1/1/2024 is assessable 3) income earned post 1/1/2024 is always assessable and never magical transforms into savings 4) just because you save the income outside Thailand and remit it in 10 years doesn’t magically change it into savings and make it non assessable income 5) just because you transfer the money into as many different accounts with as many names as you like doesn’t change assessable income into savings 6) Thailand has no interest in designations of what is and isn’t income by other countries. It has its own rules. You are wrong You must be living on an extremely small amount as anything over about 400k (much less if you are under 65 and unmarried ) should be reported and taxed

@Mike Lister you are correct. The information regarding the 2024 forms availability was given by the Tax Director of one of the Big 4 tax accountants when asking about the costs of filing a return using their services. I have, as yet, got and given no exact information regarding the timing of revisions to the online system or allowances, however it is safe to assume that the allowances will be published at the same time as the forms as if they weren’t the forms couldn’t be used. It would also be reasonably safe to assume that any revisions to the online systems would be rolled out at the same time. BUT TIT YMMY @topt you are correct my meeting is scheduled for early next month

Here is probably the most complete guide from Dr. Douglas Baldwin https://douglasbaldwin.com/sous-vide.html

During the actual cooking process the temperature for chicken never goes above the target temperature SOFT AND JUICY sous vide chicken breast: 140°F/60°C TENDER CHICKEN THAT'S VERY JUICY sous vide chicken breast:149°F/65°C WELL DONE sous vide chicken breast: 167°F/75°C if you want crispy skin you sear in a frying pan for about 1 minute DO NOT DO THAT you will over cook it, use a frying pan. It isn’t LTLT. It is cooking to the correct temperature the pasteurisation temperatures and times are well researched

The single piece of equipment that requires significant outlay for a quality item is a vacuum sealer and even there you can find ways around that. For someone starting who doesn’t know that they are going to continue you can use ziplock bags, you can get a ฿1,000 machine that will do heat sealing. For myself I knew I wanted a better machine and got an inexpensive (that is a relative term) chamber vacuum sealing machine. I am just about to vacuum seal about 50 portions of a rather nice pork and mushroom omelet, they will be as good in 3 months as they are today with zero freezer burn