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smedly

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Everything posted by smedly

  1. smedly
    perhaps a moderator could clean this thread up and remove the nonsense
  2. smedly
    i am resident, been here over 20 years but only had visa extensions from 50, my FCD was opened about 13 years ago internally transferred from my Thai current account, note the facility to do that was removed from online banking, you can of course do it the other direction, FCD to BAHT, clearly I have had these funds pre 2024
  3. smedly
    I have an FCD account in Bangkok bank, the funds where deposited from Thai account (when it was possible) in a lump sum, the origin of the funds was a transfer from UK many years ago, the balance hasn't changed for a very long time, I use it for visa extension yearly, it is in Thailand in Thai bank, I don't see how this can be taxed
  4. smedly
    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
  5. smedly
    LMAO..........
  6. smedly
    blame the tree yet more tragic senseless loss of life on Thai roads RIP
  7. smedly
    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
  8. smedly
    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
  9. smedly
    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
  10. smedly
    vague as usual
  11. smedly
    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.
  12. smedly
    my thoughts exactly
  13. smedly
    wow
  14. smedly
    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
  15. smedly
    just wondering if you have skin in the game regarding tax issues such as finance or legal, thanks
  16. smedly
    can I ask you a question Mike do you have business interests in Thailand and if so please provide details
  17. smedly
    Thai democracy in action
  18. smedly
    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
  19. smedly
    up to him, why not
  20. smedly
    so you have no income in the UK is that what you are saying ?
  21. smedly
    how can they shed light on something the revenue department haven't explained
  22. smedly
    ask the victim - oh wait
  23. smedly
    scum, rot in jail
  24. smedly
    they all work with oil
  25. smedly
    one thing Thais excel at

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