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jayboy

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Everything posted by jayboy

  1. The trend is clear.Covid cases are ticking upwards not just in Thailand but in the US and Europe.It is recommended by the authorities there that most people should have one of the updated vaccines.Yet here in Thailand there is silence on the subject and as far as I know these vaccines aren't available.There certainly isn't a publicity campaign.
  2. Thanks for posting this again which I had missed - very useful.It should be noted however that this RSM advice was issued before the Revenue Department issued the instruction on November 20th that Paw.161/2566 does not apply to foreign sourced income earned by Thai tax residents before 1 January 2024.
  3. Nah, this version is better. What's the difference between a 747 and a plane load of Poms? The 747 stops whining when the engines have been turned off.
  4. He's an interesting guy though I can't work out his motivation.This particular video is ludicrous focusing as it does on Pattaya sexpats breakfast sausages.That is the joy of Dan's videos - the juxtaposition of vaguely philosophical pondering and the absurd reality of his Pattaya life.He's obviously a good man and a responsible father.I think he also has a genuine entrepreneurial instinct.What he needs to do is get away from the scummy Pattaya environment and move up a few notches.How embarrassing it must be to be flogging those horrible Pattaya condos and third rate restaurants.Maybe some elocution lessons too as that sarf London accent is going to put a lot of serious business people off though probably not in Pattaya where it is pretty much the norm.
  5. Thanks for useful response which has helped clarify my thinking. I wasn't however thinking of convincing RD beforehand, more of contemplating the complications in submitting the return if remittances had to be differentiated ie whether sourced before or after 2023.If the situation of savings/investments made prior to 31.12.23 becomes crystal clear (ie remittances not subject to tax), I'm not completely sure they need even be included.Anyway my attitude is the same as yours - if tax is due, I will pay it
  6. I can see that a tax return may be required in respect of the remittances to Thailand.But the source and origin of those funds is surely extremely relevant since we have been advised they will be tax exempt (because all pre-2024). The question I suppose is how to convince RD the funds are indeed tax exempt.It might require some kind of detailed statement of investments as at 31.12.24
  7. I have a feeling I'm missing something so perhaps someone could help me out. Consider the following scenario which I will keep as simple as possible - I have a company pension and a UK state pension paid monthly into a Jersey bank account.Up to now I have transferred funds from this source to a Thailand bank account to meet my living expenses. I understand that from 2024 I will be taxed in Thailand on amounts remitted from this source.For reasons I need not go into the company pension is paid - with HMRC approval - to me free of UK tax (so DTA is irrelevant.) But what is stopping me simply accumulating pension in my Jersey account and relying instead on transferring investment funds all accumulated prior to 31.12.23? Does this take me out of the Thai income tax equation? I think I would still have to submit a Thai tax return.All speculation of course but a few may also be in the same boat.
  8. Spot the lack of logic. You could argue it's the hospital's duty to accept any emergency case but you cannot go on to argue he doesn't owe a cent.
  9. I've had both my doctor and dentist sign these off.Neither would accept payment though I offered.The dentist said "it's part of the job".
  10. I very much doubt that.My guess that in nine months this forum will still be speculating on what is required of resident expatriates.
  11. I don't think so in this case.It's been a theme for successive Thai governments to upgrade the quality of foreign tourists and residents, specifically discouraging the indigent and encouraging the wealthy.I can assure you that the concerns of some foreign residents fretting about paying a limited amount of income tax will not weigh heavy with Thai decision makers - however many whiny social media posts are made.
  12. I wonder how that will be enforced.It's a fair assumption that the vast majority of foreign retirees in Thailand have never filed a tax return and have no TIN.They may have been badgered by their banks overseas to provide a TIN but to date this can be fobbed off, maybe not forever though. So how will they be compelled to file a tax return? A return to the infamous tax clearance certificate of the 1980s? Awkward questions at visa renewal time? It's hard to see the authorities putting much effort into this with a bunch of mostly not that well off farang oldsters - when the target is presumably well off Thais.My advice to those in the former category is to lie low until matters are clearer.
  13. She is exceptionally annoying and the conflict of interest is stunning as you suggest.Nevertheless the content seems largely accurate.By the way thanks for your contributions, a refreshing dose of knowledge/sanity in a thread not generally distinguished for same. On the professional opinion side, even the kosher ones like Mazars would probably admit that we are still in the realm of speculation - at least to some extent.
  14. How would it be assessable income if someone in Thailand used an ATM to withdraw cash with a card issued in say London or New York? Who would know? Likewise any expenditure incurred in Thailand with such a card would not be known to the Thai authorities.Of course an upstanding paragon of virtue such as myself would declare such expenditure in my tax return but some would not.
  15. Don't want to buy it online but where would be the best place in Bangkok to buy a Canon PowerShot G7 X Mark II? Not looking for cheapest but it has to be that specific model so really asking for recommendation for place with full Canon range.
  16. Actually the sites I have looked at (all top tier accountants with tax practices) are mostly absolutely clear that, having summarized the initial announcement on 2024 changes, the implementation details are not known and that there are many unanswered questions. I have also seen at the scummier end of the scale many of the usual bottom feeders offering advice/webinars etc.Ignore them:they know no more than you.Wait until the details are known - I don't see there's a rush.
  17. Far from it: it could be a simple sense of duty which in some ways I admire but it's a personal decision to voluntarily pay tax when the authorities do not in practice require it to be paid.However there are plenty of laws in every country on the statute book which are not enforced. Let's see what 2024 brings.
  18. The existing regulation isn't enforced nor do the Thai authorities expect foreign residents or Thais to pay tax on overseas non current income streams.That of course may change wef 2024.Let's see.If I am required by law to pay more tax, that's fine. For those who pay tax unnecessarily I can think of several adjectives - public spirited, hopelessly naive etc but 'good' doesn't really come to mind. Those foreigners who have a desperate need to pay tax regardless of whether it is required or not can always write a cheque and send it to the Thai Ministry of Finance.I'm sure it would be welcomed.
  19. I think the Thai media could take a lesson from the British satirical magazine Private Eye.Something like this perhaps - Dear Chinese Embassy, We have considered your request carefully, and after much deliberation have reached the following conclusion, "Go **** yourself" Best wishes etc
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