
OJAS
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And this will presumably also be the first time we'll hear of any changes to allowances and exemptions for the 2024 Thai tax year. Whereas in the UK's case, for example, there will probably be several months' notice given of any changes to allowances and exemptions effective from the start of the next UK tax year on 6 April 2025 in Rachel Reeves' budget statement on 30 October.
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In other words, transfers in support of future retirement extension applications based on 65k THB minimum monthly income, correct? Assuming an affirmative answer to my previous question this could be problematical for you in proving the foreign origin of the aforementioned transfers. This is because Krung Thai aren't one of Wise's partner banks in Thailand, meaning that transfers would be routed initially to either Bangkok Bank or Kasikorn (who are Wise's Thai partner banks these days) and then onwards to your Krung Thai account with some internal transaction coding which would not provide any proof of their foreign origin to Immigration's satisfaction. It may be that your local immigration office would accept the transfer receipts provided by Wise as sufficient proof of their foreign origin, but, if they don't, then I think that your only option would be to obtain credit advice notes from whichever of Bangkok Bank or Kasikorn acted as Wise's Thai partners in particular cases. This might entail a lot of hassle for you each month if (as I gather to be the case) you live out in the sticks since I understand that only major Bangkok Bank and Kasikorn branches in the major urban centres issue credit advice notes. IMHO, therefore, you would be strongly advised to stick with monthly transfers to your Bangkok Bank account. I assume that these receive the coveted FTT / International Transfer codings which, I take it, have hitherto avoided the need for you to go chasing around for fresh credit advice notes each month.
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Plus presumably a completed TM8 form?
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Thailand's Cashless Leap: Ahead of the Asean Pack by 2028
OJAS replied to webfact's topic in Thailand News
How much might you receive from Bitcoin for being their PR consultant? -
Bank of Thailand Intervenes to Manage Baht's Exchange Rate
OJAS replied to webfact's topic in Thailand News
Unfortunately for us Brits, the GBP's cause has not been helped by Andrew Bailey at the Bank of England blabbing his big mouth off on the subject of interest rates yesterday ☹️ https://www.bbc.com/news/articles/cx2lp5l9dpro -
As far as I am concerned, if we choose to submit our returns in paper form on form PND90 or PND91 as appropriate, then our local area revenue offices are duty-bound to accept them in this form, and they therefore should not IMHO be regarded as benevolently bestowing any special favours on us as a result. If, for instance, my local office were to refuse to accept my completed paper PND91 (my sole source of assessable income being the UK State Pension which, in any event, should be fully covered by existing allowances and exemptions) in the first 3 months of 2025, then it would be my intention to mail it by EMS to TRD's Bangkok HQ under cover of a suitable explanatory letter written in English.
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Sorry, xylo, missed out on answering this query until now. Unless you've already been to your Area Revenue Office for a TIN, I suggest that you ask your Thai daughter to call them on this point. I certainly wasn't required to provide any proof of address at my Area Revenue Office, but, as in the case of Immigration, what goes at one particular office may not necessarily fly at another, I strongly suspect!
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Have they also re-introduced the requirement for international insurers to sign a certificate confirming compliance with some obscure Thai cabinet resolution as in the case of the original 400k/40k version, thus largely restricting policies deemed acceptable to rip-off ones issued by TGIA members in practice?
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Bank of Thailand Intervenes to Manage Baht's Exchange Rate
OJAS replied to webfact's topic in Thailand News
As does the super-inflated ego of Ms Chayawadee's boss, the BOT Governor, who seems overwhelmed at the present time by an uncontrollable urge to afford the very highest of tip-top priorities to bragging to his Western counterparts in particular just how much more successful he is than they are in maintaining the value of the currency for which he is responsible just as high as is humanly possible! 🤑 -
Thai Military to Withdraw from South, Volunteers to Step In by 2027
OJAS replied to webfact's topic in Thailand News
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Polish Passenger Threatens to Bomb Plane Mid-air on Flight to Bangkok
OJAS replied to Georgealbert's topic in Bangkok News
Not to mention foreigners who commit the apparently far more serious crime of missing a 90-day report! -
And you, for your part, have also expressed your opinion, which is tantamount to scaremongering par excellence IMHO. Have you actually heard of any instances where retirees were rapped over their knuckles (or worse) for failing to report back to their immigration office exactly 3 months to the nearest nanosecond after lodging their latest retirement extension application if using the 800k bank balance method? I most certainly have not!
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Best UK Bank whilst living in Thailand
OJAS replied to Karlo's topic in Jobs, Economy, Banking, Business, Investments
The OP doesn't appear to have an existing account with NatWest - and the likelihood of him being able to open a new one from Thailand is zero! -
Last month in the Consular team #14
OJAS replied to British Consular Team's topic in Consular Team Activities
It would also be extremely nice if you were able to provide a number greater than zero of income confirmation letters issued by the Embassy in a previous month!🤑 -
By no means did all embassy letters stop - only those issued by the AU, UK & US embassies. To the best of my knowledge, all remaining 75 embassies listed in the Wikipedia link below still issue letters for their nationals: https://en.wikipedia.org/wiki/List_of_diplomatic_missions_in_Thailand Draw your own conclusions about the (un)willingness of the renegade Anglo trio to go the extra mile in complying with the Immigration Bureau's IMHO not unreasonable verification demands, which their remaining 75 counterparts have presumably somehow managed to accomplish with minimal extra effort!
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Baht becoming ridiculously strong
OJAS replied to fulhamster's topic in Jobs, Economy, Banking, Business, Investments
The ironical thing is that the more the THB's value rockets against most Western currencies, the correspondingly less the TRD will be able to screw most of us for tax in THB terms! -
Same with me at Rayong in July.
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Hopefully the following link will assist you in identifying the relevant area revenue office in your case: https://www.rd.go.th/337.html I would also strongly advise you to get a native Thai speaker to accompany you on your visit since, based on my experience of obtaining a TIN a few months ago, staff at TRD area revenue offices tend to have a minimal (at best) grasp of the English language. There is a highly complex and detailed form which needs to be completed exclusively in the Thai language as part of the process.
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Here's a checklist I wrote down for myself following a similar experience some time ago, which may be of help to you: (1) Press Menu on remote (2) Scroll down to 6th item (= Setup, marked by spanner) (3) Press OK on remote (4) Scroll down to 2nd item (= User Setup) (5) Press OK on remote (6) Scroll down to 2nd item (= Language Setup) (7) Change items 1-3 & 5-6 to English, check item 4 = Enable (if possible) (8) Press OK on remote
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Story Of My Thai Citizenship Application
OJAS replied to dbrenn's topic in Thai Visas, Residency, and Work Permits
Or that a significant additional requirement has been imposed on it - as in the case of mandatory health insurance which was abruptly slapped on non-OA visa holders past and present a few years ago.