offset

Does anybody know if you bring more than 120000baht into the country whether you are required to submit a tax return 

26 minutes ago, Mike Lister said:

https://www.rd.go.th/fileadmin/download/english_form/220364guide-allow.pdf

 

 

Sorry I have looked through this form but I cannot see where it says school fees are deductible only say a child allowance of 30000baht

4 minutes ago, Mike Lister said:

Educational fees are, I don't believe Gifts are or even should be.

Are you saying school fees are a deductible in full or is there a limit

8 minutes ago, Mike Lister said:

Even savings earned post 1 January 2024 will be OK, if overseas tax was paid on them.

Are you saying people that pay tax and have no other income nothing as changed 

9 minutes ago, Mike Lister said:

I'm pretty sure they will allow the UK PA and other countries personal allowances and exemptions, otherwise it becomes too complex given the various tax bodies, forms and rules involved. The Thai RD wants to be sure the money you import isn't illegally sourced and that it has been declared somewhere, drilling down to exemptions and allowance is unlikely to be part of their agenda.

So that means you should always bring your taxed money over during the tax year,if not it becomes saving which will be taxable 

1 minute ago, Mike Lister said:

That is the big question currently. I believe it is a case of the overseas funds having been subject to the overseas tax process rather than actual tax having been paid on every pound or baht that is remitted. But the RD need to confirm this is the case and that they will allow the UK PA.

So it is a wait and see

6 minutes ago, Mike Lister said:

If you are over age 65 for example, your TEDA is circa 350k baht which can effectively be added to the 150k zero rated tax band giving you around 500k baht tax free in Thailand every year. Add to that the fact that any income that is remitted where tax has already been paid in the home country, will not be taxed again and that tax will be credited against any Thai tax that is due. ASSUMING, that the Thai RD allows the UK PA, for example, to remain, and that pensions are taxed in the UK, that means that almost no Thai tax will be due on a pension of an average size and where tax is due, the TEDA relieves most of the tax stress.

 

If the example is a single person under age 65, the picture changes but still the fact that the money coming from the UK is taxed there, should mean virtually no tax is payable in Thailand because UK tax tables are higher than the Thai tax tables.

Is the tax free allowance classed as taxed or could that be classed as taxable in Thailand

I think there is a double tax agreement between the UK and Thailand am I correct if so does it mean only non taxed earnings in the UK are taxable in Thailand 

Hua Hin and a Retirement Extension 

I am due to renew my extension and want to know if there is any new requirements 

2 minutes ago, DrJack54 said:

Explain how you entered Thailand.

Visa exempt sometimes referred to visa waiver.

Or Visa on Arrival.

 

Assuming you entered visa exempt then with your travel pattern you could obtain as many visa exempt entry via air as often as you like.

 

It's the time spent out of Thailand between visits to Thailand that's important.

Folk can run into trouble with too many  consecutive back to back entries

I am from Luxenberg and just arrive at the immigration with no Visa and get a 30 day stamp which on the last one i extended at the Immigration in Thailand

2 minutes ago, BKKTRAVELER said:

Do you have any prior history of being in Thailand before these 3 visa exempt entries?

 

It could be a determining factor. 

 

And yes, you may get in trouble if you land in Bangkok or Phuket. I would do a border bounce if you still have some left for this year (can do 2 per year).

Already done 2 since January 

Sorry VOE

i have had 3 VOE within a year will it be ok to get another in 1 year

I came last December for 1 month  I came again in February for nearly 2 months I came back in mid June till now I want to go to get another VOE so I can stay till the end of September

Will I have any trouble getting back in to Thailand

Recommendations for a doctor to carry out this repair near Hua Hin

When tested positive by using the ATK test I guess they then are tested using the PCR test if they test positive then are they added to the next day figures

Simple to deal with I never let them take my blood pressure I take 3 readings in the morning take a picture of each and show them to who ever wants them, they need to be dated and timed

It does not state the interest rate at the start of the investment, it says average interest rate of 1.8% it also says it is a step up interest rate

6 hours ago, Excel said:

That is correct, the body does not get transported to Bangkok. 

It depends what the police want my friend died last week he had to go to BKK

36 minutes ago, Moonlover said:

Thanks. So clearly it's one's local bank that is the most important factor. Like you say Kasikorn is one of Wise's agency banks which must 'oil the wheels' so to speak.

 

And I presume you always choose the 'funds for long term stay in Thailand' option.

 

Thanks again.

I am not sure that Kbank is a Wise agency bank because the transfers is shown as from a "dummy account" on my statement but I believe that BKK bank it is shown as a FFT transfer ( a direct foreign transfer)

45 minutes ago, offset said:

I bank with Kbank and all my transfers with Wise only takes seconds but I only transfer no more than 2000 sterling I would guess that larger sums maybe different

I forgot to say the money came from my Nationwide account not a credit or debit card

I bank with Kbank and all my transfers with Wise only takes seconds but I only transfer no more than 2000 sterling I would guess that larger sums maybe different

Always make sure the wife have enough money to last at least 3 months and extra for probate and dealing with the body 

3 minutes ago, Gandtee said:

Agreed. If you don't test you don't know how many there are infected. Simple logic. Now that's a problem.????

The UK have in numbers tested more than the population and inoculated more than half the population so how as it helped them