jayboy

What am I missing here? How in the future (ie from 1.1.24) can money earned before 1.1.24 be remitted in the year of earning?

One of the many points that needs to be clarified.

Correct, and I would suggest that those that do are essentially in a holding pattern, perhaps remitting funds sufficient for 2024 but not much more.It wouldn't make sense as matters stand to remit more than one year's subsistence to Thailand because (a) there is still too much uncertainty on exactly what is proposed and (b) investments/cash holdings acquired prior to 1.1.24 would be exempt from tax anyway.

What has this to do with the subject? The vast majority of resident expatriates do not falsify their position with their home countries nor do they intend to evade tax responsibilities in Thailand.

You don't speak for the "rest of us", so tone down the rhetoric.The reality is that many resident expatriate retirees, quite legally, have not up to now been paying Thai income tax.Most realize that for the tax year 2024 they will probably have to, although many details still remain unclear.There is no psychological barrier and I'm assuming that most will do what is required to remain within the law.You have jumped the gun by filing prematurely but that's your choice and obviously I don't know your personal circumstances. Incidentally your "decide whether to leave or stay" spiel misses the mark.Most of us are not floating wanderers seeking the most attractive fiscal regime but wholly committed to Thailand.Unlike you some of us have permanent residence or even citizenship We will obey the law and seek to minimize tax paid.

I think what is most daunting is the prospect of paying tax in a case where none was payable before - not some anxiety at the process involved. There are always some clerical types who will get off on completing the paperwork.Happy Christmas to them. Yes I'm sure RD bureaucrats were super helpful to eager foreigners especially those naive enough to insist on making tax returns when it wasn't really necessary.Let's see how helpful they are when it is actually necessary.

As I have already tried to explain, an infrastructure has developed - hotels, supporting services, golf, Bangkok weekenders etc so that Pattaya has a momentum of its own and has in fact for several decades.But the truth is, which even major hoteliers don't deny, that it was built on prostitution. I can think of other places round the globe which more discretely perhaps had the same kind of origin.What's unique to Pattaya is the mainly very downmarket clientele.Look at the farang influencers who promote Pattaya on social media.I mean just look at them.

Don't confuse the economic development of the Eastern Seaboard with the prostitution driven economic activity of Pattaya.

It began as a small fishing village but its growth and reputation were driven by prostitution.It's true that Thais and for that matter non monger expatriates from Bangkok given the short distance use its hotels/golfing infrastructure at weekends - but there is not much of a long term sophisticated resident Thai or farang community.The dominant Thai influence on Pattaya's administration is essentially criminal in nature.

You make some fair points and obviously there are going to be exceptions, no doubt many. However Pattaya is a resort built on prostitution and that is the reality.The judging by Soi Nana/Cowboy argument doesn't really work because Bangkok is built on so much else and has a sophisticated and educated middle class.

But the vast majority of people who actually live there and not on monger holiday are former mongers or reformed mongers. I've no objection to the Sin City concept but the sheer dreariness and vulgarity is hard to stomach.

It may depend on what address is used, ie Thailand or home country.The latter might present problems over time.However if the card is issued (let us say by a British bank) to a openly declared resident of Thailand - with Thailand address etc, I don't think that any Thailand based expenditure on the card would be queried.Why should it be?

As matters stand if one paid school fees from a cash bank account which existed prior to 1.1.2024 ( memo to self: get accountant friendly record of year end cash balances), I don't think the question of Thai income tax would arise at all - so no need to gift spouse. But as one member correctly observed this kind of discussion is a bit daft and there's a danger of overthinking on paltry evidence.Let's wait and see.

Many people don't pay school fees from current income.If one remitted school fees to a Thai school funded from (for example) investments/cash deposits held prior to 1.1.24, that presumably would not be subject to tax Maybe.But I can't see how for the life of me see how an international air ticket purchased with a foreign credit card on an international airline website could be tracked down by the RD.(Well, obviously it could but it would require a disproportionate effort)

You should tell your friend to get a new agent because he is either dishonest or incompetent.As to the link you provided, the section on annual reporting to immigration is simply wrong:there is no such requirement.

Many thanks.These alternatives appear to be about half the price of Atavorstatin Sandoz 20. On another tack is there a difference in efficacy between Atavorstatin and say Simvastatin or is it not a question possible to answer because they do different things? I had always assumed statins were much the same, and doctors prescribed - sometimes after trial and error - based on the patients tolerance and minimization of any side effects.

Can someone please advise a locally available alternative to Atorvastatin 20mg Sandoz.

Thanks.Isn't the purpose of a DTA to prevent the double taxation of income? Thus if a Brit has HMRC agreed NT status on his/her UK sourced pension income the provisions for tax exemption/tax credit in Thailand under the DTA are not relevant to him/her.Seems logical but perhaps I have missed something.

You're right it's not my day job.Can you refer me to the bit or bits where I have gone wrong.

I believe the onus is on the individual to submit the P85 and argue the case for NT status with HMRC who would then advise the pension provider. I gather it's not nearly as simple as it might appear and I know a few who have been unsuccessful in getting the NT status despite having a good case. Be that as it may, those residents of Thailand with NT status will obviously not be able to benefit from the provisions of the UK/Thailand DTA (because they have been exempted from paying tax in the UK resulting in a conclusion they should pay in\come tax in Thailand).That presents a problem for them, unless they have the financial resources to fund themselves from pre-2024 investments/savings.

This sums up my own position exactly.Funds already transferred to my Thai bank account.Next year will maximize use locally of UK credit card.Resigned to having to file tax return for 2024 tax year and in due course will seek accountant that meets my requirements.Will take no immediate action as for time being this is a developing situation.There is time - filing limit for 2024 tax year is 31.3.2024.

Just a rehash by some beachcomber type of what is already known though missing out on chunks.Near useless.

The point about Abhisit is that he was far from mediocre.He was highly educated, cosmopolitan, charming and diligent.Unlike the thick as mince military politicians, he knew how the national and international world worked.His instincts were liberal and he could have been a great leader.He knew what was the right thing to do for Thailand but he chose the opposite and stained his name and reputation forever. Richard Lloyd Parry summarizes it beautifully: "Many people bear responsibility for Thailand’s divisions, prominent among them Thaksin, who must dearly wish that he had rubbed his enemies’ noses in it a bit less gleefully during his years in office. But the suave villainy of the Democrat Party, and of men like Abhisit and Korn, is insufficiently recognised. They understand how democratic opposition works, and how defeat, over time, strengthens losing parties, by purging them of what is unrealistic and superfluous, and forcing them into congruence with the aspirations of voters. Twice they have had the opportunity to reject military force and to insist on the primacy of elections; twice they have held the generals’ coats for them, and watched civil rights being trampled on, in the hope of gaining some respite from their own chronic unelectability. The Democrat Party’s leaders – young, attractive and cosmopolitan – could have positioned themselves as mediators between a corrupt, complacent old elite and a corrupt, arrogant new power. Instead, they chose their natural side in the class war, and achieved the feat of losing the moral high ground to a man such as Thaksin. Their responsibility, and their disgrace, are very great."

1 million baht per month in pensions.That's amazing - you are very fortunate. That"s about £ 22,000 pm or £ 264000 pa, say £ 343,000 gross before UK tax.

"The average farang retiree lives here on much less than 1 mill, surveys in this forum over the years confirm that."