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smedly

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Everything posted by smedly

  1. the answer that is confusing to me is in regards to interest earned on foreign bank deposits the priciple is not assessable income but interest earned is, all of my money is deposited in a foreign bank account, i guess what they are meaning is if the money stays in the foreign bank and is not transferred to Thailand
  2. blame the tree yet more tragic senseless loss of life on Thai roads RIP
  3. yes they are you contributed to a fund your whole working life which becomes payable when certain conditions are met I think we can all bin this discussion
  4. private pensions are in effect long term savings with rules as to how the money is released, I chose to take it spread since aged 50, i am not old enough for state pension in the uk but i would interpret that as long term savings also, paying into a fund over time - granted not all countries are the same ,, i have no clue how it works anywhere
  5. needs some clarity but overall looks positive, private or state pensions would be money accumulated while working seems to be exempt as does money deposited in foreign bank accounts (excluding interest earned), that would be my interpretation
  6. the problem I see here is the economic scales are so different between 3rd world Thailand and the west - from minimum wage - tax thresholds - salaries etc, they are not equal not even close. If I start to pay tax in Thailand what do I get in return ? They can't even tax their own citizens as pointed out earlier in this thread, only about 5% of the working population pay income tax, that's a huge number not paying income tax.
  7. I wonder how many Thais in Thailand don't pay income-tax, pretty much every Thai I know or have known DO NOT declare income to the RD
  8. just wondering if you have skin in the game regarding tax issues such as finance or legal, thanks
  9. can I ask you a question Mike do you have business interests in Thailand and if so please provide details
  10. this whole story makes no sense, sounds like the Thai version of events orders bolt car then ends up on a motorbike taxi with bolt driver following for bt100, then the missing bt10,000, sounds like a shakedown that went bad
  11. how can they shed light on something the revenue department haven't explained
  12. and that the van just “swerved unexpectedly” entirely on its own while exiting the alley, causing it to overturn typical Thai response - blame anything other than himself
  13. be very interesting to see if the original coalition parties jump ship back to MFP, they are free to do so and would end the current house majority shafting PT, remember who won the election
  14. unelected senators interfering again, the one area that needs the most amending - the senate
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