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Everything posted by jaideedave
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More details on Thai taxation of overseas income
jaideedave replied to webfact's topic in Thailand News
bb, yes a very good assessment you've made in my opinion. Can you imagine the headlines of an expat forum ( LOS is now taking a ?% witholding tax on all incoming funds to Thai bank accounts) > all foreigners will now have to file a tax return to show proof that tax has been paid and claim it back < 555 Laughable really. -
More details on Thai taxation of overseas income
jaideedave replied to webfact's topic in Thailand News
Buri...that,s exactly my situation.My govt gives me a tax exemption on my pensions because they are under a certain threshold . But will the RD recognize this documents? Thats my question.I know...wait and see...Sounds like a huge paper shuffle in the works. -
I agree but in this case he was working offshore and had to leave his lady in charge while away.The workers told her to stay away and that they knew what they were doing (not) He told me the whole thing was a nightmare. As a side note they split up later that year anyway and he walked away. Its a good thing he was making good money.
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Yes another sad story.A friend some years back decided to have a custom house built on the "dark side" of Pattaya.At the time he was working 28/28 rota so his wife/gf was there half the time. They f___ed up just about everything you could imagine.His advice to me> never build from scratch. Buy a house in an area you like and rebuild/redo as you like.Way easier and probably less expensive.
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Correct, when I bought my house in Pattaya the pump would cycle several times day/night even when not in use.A lot of the blue pipes were buried and some digging and investigating showed some dodgy plumbing which I bypassed and eliminated . Off/on cycling stopped immediately. The pump shouldn't be running unless water is leaking out or as someone mentioned faulty non return valve. Working with the local blue plastic tubing is simple, You Tube is your friend. Get your hands dirty and have a good look.
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New "Income" tax law 2024
jaideedave replied to Tom Vanderlay's topic in Jobs, Economy, Banking, Business, Investments
I am in a similar situation as yourself.I pay no income tax on my pensions because it is below a certain threshold also. I won,t be able to prove that I have paid tax already.I have a letter from the tax dept stating about the tax exemption. Wait and see I suppose. -
Believe it or not this is one chap who I thought was above all this cr_p. I guess I was wrong.How could he not notice 30 team members doing anything out of line. I'm flabbergasted. 555
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Thai Workers Are A Joke
jaideedave replied to Brewster67's topic in Real Estate, Housing, House and Land Ownership
555 An acquaintance had a house built by his wife's family. What a joke , so many mistakes were made that most everything had to be done once then removed and done again.He called me over one day to look at the kitchen counter they installed. I couldn't believe my eyes. It was just above the level of your knees. How could a sober man put that much effort into something and not stand back and scratch your chin and ponder? -
I have a tendency to think like you in this case.I've lived in the same house here since 2007. They have to ask me where I live every 90 days and annually for my Visa extension.. It would be an administrative nightmare for even an advanced country to track ATM withdrawals. How would that work exactly? If a tourist goes to withdraw some dosh for a night out would he be subject to some tax hit? Imagine the foreign press getting a whiff of that news.
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555 my sentiments exactly.Total incompetence in regards to all you say.Multiple paper trails for my address and I,ve lived in exactly the same house sine 2007. Proof of address to do most anything.Ridiculous to think for 1 minute they can track random ATM withdrawals and actually follow up. Inept and incapable is being way too kind.
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If they introduce a 90 days visa exemption (as some are thinking), you could do your 2 visa exemptions in a year and call it a day. Hassle free, and without all the bureaucratic nightmare, that would be an attractive alternative" I currently have the 1 year Visa (Retirement stamp) Are you saying if they introduce the 90 Visa exemption one could get a 90 day and extend it once and do a border run and get 180 days total? I like that option if it becomes available.
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You are on point with that statement.I've been saying that for years.Agent income is very lucrative and off the books.They get no backhanders for doing it by the book. An office girl next door to Jomtien asked for a 10k fee for something I wanted done a few years ago.She told me the imm guys only gave here 1k for her cut.This last bit of news and confusion will no doubt cause the agent fees to increase. TBH I pay the agent fees and consider it the cost of doing business here (Visa wise) TIT
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I don't know about others but I survive here on my pension income from abroad. Its taxed at source.Maybe more red tape for expats proving that their income is already taxed.A big can of worms if instituted. BTW how much is a 1 way ticket to Phnom Phen these days? With the predicted increases in the 800k in the bank rule and all this crap it may spur some to consider another country for retirement. Albeit too soon to react.