Everything posted by whitfield
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Alcohol Sale Hours in Restaurants Under Review in Thailand
This will disappear into the long grass in the same way that taxing foreigners on their overseas income has been quietly dropped. There is no possible scenario where someone having his lunch at 14.05 with a drop beer in his glass will be fined 10,000 baht.
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Youth Motorbike Riders Without Licences Pose Safety Crisis
When I first came here in 1992 there would be 4 girls on a motorbike.
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Thailand's Grim Motorcycle Death Toll Sparks Helmet Campaign
I'm fine Buddha looks after me. It'll never change.
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Thailand Tightens Grip on Retirement Visas Amid Wealth Shift
The thing that isn't mentioned, and is the most important for prospective retirees, is the threat to tax income.
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Foreign Earnings Taxed Under New Thai Rules - But With Exceptions
Please note that this only applies to foreign earnings brought into Thailand. It doesn't include capital transfers. So if you need money here sell some investments and bring in the proceeds. Buy back the investments with your earnings.
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Thailand to Require Medical Certificates for Cannabis Use Within 40 Days
Medical certificate for sale 500 baht, one off payment for life. Time to think again. Either it's legal or it isn't.
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Ex-Air Hostess Charlotte Lee Arrested for £1.5m Cannabis in Sri Lanka
Talk about coal to Newcastle.
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Weak Baht Fails to Spark Tourism Boom, Safety Concerns Prevail
Try cleaning up the air. That does far more damage to tourism than the value of the baht. The air is filthy and there are loads of countries where the air is clean.
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Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income
I'll be living off my mother's inheritance, meagre though it was, until I die. How can they possibly identify which money brought in is taxable. Time another spliff and a Leo.
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Ex-Police Chief "Joe Ferrari" Commits Suicide in Thai Prison
Who cares?
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Beautician from Thailand battles British heirs for £400k inheritance
She hasn't got a prayer, and her lawyers should have told her. If the Will is properly drawn up and witnessed it will stand.
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Thailand issues four major announcements on new visa measures
I went to Immigration the other day and they asked why I only kept 400,000 in my account. I told them that we don't want to bring in more money than we need because they are going to tax us. The girl looked at ,e with eyebrows raised and said, "How?" She had no clue. If it ever did happen that Immigration needed to sign off a tax return or similar, you can bet your life that the only thing that would change would be the "Agent's Fee".
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Thai PM Srettha Axed Over Controversial Cabinet Appointment
I think it's best summed up as the Thais didn't vote correctly last time so they will shortly have to try again, only this time the number of parties will be restricted.
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New Tax Rules for Expats in Thailand Spark Concern
Too many of these articles promoted by Tax "Experts". The emphasis is on earned income. So there are many loopholes, like inheritance, selling of a property, transfer money to wife etc. Most pensions are taxed in home country so only the difference if any to pay. I think the struggle to collect the tax will outweigh the gains. We'll see, but remember it's income, not capital.
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Beloved Brit found dead in Thailand hotel room
Why on earth do they want to repatriate the body. One family member fly out to attend the cremation, then fly back with the ashes. You're supposed to get permission but if you put them in a wooden box in your luggage no-one will care. Have a big memorial service back home. RIP
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Swiss national opts for jail after assaulting Thai woman in mall
There must be more to this story. I suspect he's afraid of people on the outside. At least he thinks he's safe in custody.
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AOT and immigration unite to tackle Suvarnabhumi Airport queues
It's simple, take their phones off them for their shift.
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Thai police officers face bankruptcy with debt over 300 billion baht
When you have to buy your job you start in debt.
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Change in the tax law does target expats living in Thailand and extends reporting obligations
The first challenge from expats would be having to show 800,000 baht in the bank for the retirement extension and then being told it's subject to 20% tax. Send a load of money here before 31 December and then sit back with the popcorn.
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Royal Thai Navy to switch from a Chinese submarine to a frigate : Defence Minister
For 17 billion baht, roughly $485 million, you could buy 50,000 tractors equipped with ploughs. Enough for 8 tractors in every tambon. Rent them to the farmers and there would be no need for crop burning. I know where I would invest the money.
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Expats seeking a new life face challenges with stricter banking and taxation rules being pushed
So pay for your big purchases like school fees by direct transfer. Pay by credit card wherever you can, like Revolut. Send your day to day living expenses to the gf. It won't be possible for Thailand to demand 800k in the bank and then take 20%. There'll be a lot more discussion before any of this actually happens.
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Calls for clarification of new Tax regime which appears to target expat foreign income sources
It would be perverse to insist that we show 800,000 baht in our accounts for our retirement visas and then impose 20% tax.
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NIDA poll shows that political conflict is still on the horizon as US envoy denies interference
The 29% were those who voted for the status quo and the 49% are those that will take to the streets if they don't get the government they voted for. The remaining 20% will give the rioters food and shelter.