
LivinLOS
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Everything posted by LivinLOS
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But cruciually they should not be, the UK is a territorial tax regime and once you leave you should file a P85 and tell them so (and obtain an NT tax code for domestic income taxed at source like pensions). That is how the DTA is to be looked at, now will Thailand say 'ok you paid it there.. thats pre taxed have a tax credit' which imo they are likely to, or will they say under the DTA you shoudlnt be paying it there, you should pay it where you are resident ie here, and you now should apply to the UK for a UK tax credit against your Thai bill which is xxxxx.. Thats entirely possible in law and even how it 'should' be done.. Any expat moving to eg portugal or another developed country with a properly applied tax system would operate like this.
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They are not however they are ALL 1900 thb.. If it was to be non standard you would think it would be stated, to not do so at the very least implies it is standard. This is now repeated by the Dep Dir of Min FA.. So multiple data points. Really we will know next jan when its attempted. CM immigration runs a really good chat that answers questions accurately (as cm policy) and they were not able to answer this liek they usually did. They gave me a name and number and told me to call it next week.
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90 day reports are needed, but if you dont extend who and when will they police them ?? Same with TM30s tho with the new rules on TM30s being 'once per visa' and not to be redone after a hotel stay you can do one TM30 at the first day of entry and have that be valid for 5 years you remain at one address.
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This also has a knock on implication, which is tax related. If extensions are the point where revenue tries to link expats to inbound funds, possibly demanding a TTN, or even proof of returns etc.. Then by just border hopping and clock resetting of 180, you avoid all immigration interaction.
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Nailed it.. Back while it was still guesswork... Well done 😉
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Right but it does semi rule out the idea of it being 10k to extend. It ISNT in the royal gazette, and it isnt the belief of the MFA, so theres no authority for immigration to think it now. It was mentioned in the initial cabinet meeting where the visa class was proposed, but a proposal isnt binding, we could have never got it.. The royal gazette is binding and makes no mention of 10k at all.
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Already seen and had discussions with many different folks talkign about closing company or even BOI smart categories.. Some chatted with me about Hong kong corps and usa LLCs to be thier employer specifically to stop Thai incorporation and offshore themselves while living here. Lower taxes, ability to keep funds offshore from Th and not pay corp taxes, thai internet sales tax, etc etc.. Businesses that were non viable for online incorp here due to Thailands costs, taxes and beaurocracy are now fully legal to do.
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I questioned it too but no reply.. Only 'his sources'.. I also heard from a trusted source that he went to cheang wattana and the officers there didnt agree.. IIRC he claimed 2 said unlimited 1 said 1 time 180 over the 5 years, so there is confusion at immigration level still. Remember the video is dp dir of the MFA, they sell the visas, but arriving and handling here is immigration, totally different and does have its own understandings sometimes.
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Oh I think we do.. and exactly why the retirees and married are moaning.. LTR for wealthy folks with zero tax DTV for younger folks, trivially easy to obtain.. years of come and go. 60 days +30 visa exempt entry, do nothing and get what a multiple entry TR used to get. The floodgates have been opened, just as the tax laws change and close the savings loophole.
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Great video.. fully confirming what I believed to be the case from the royal gazette. Unlimited entries and 1900 thb being the primary ones. The only tiny caveat left is he is from the MFA, who issues the visa, NOT from immigration who process arrival and extensions. It 'should' all go that way now, but we know how variable it can be.
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Waking up in the UK and just saw the YT vid and came here to check it was already posted.. The multiple 180 cleared up (was obvious to anyone who read the Royal gazette is makes it very clear in art 3 4 and 5 repeating multiple entries and even 'infinite times use' depending on translation. The extension fee of 1900 baht, tho he did semi defer that to immigration it seems totaly unlikley that its 10k now as it sint in the royal gazette either, it IS listed in the minutes of the cabinet meeting but that was at the concept stage. He should have taken 5 minutes to emphasize the working rights, which are clearly stated in the gazette nd differentiate it from others with that. Basically it is all wins.
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High hopes: Anutin’s green light for cannabis bill in Thailand
LivinLOS replied to webfact's topic in Thailand News
and yet does it add another vice or allow people an option with a less damaging vice ?? How many heavy drinkers have cut down their alcohol use self medicating with cannabis ?? -
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Shocking slump: Thailand’s premium EV sales plunge 35%
LivinLOS replied to webfact's topic in Thailand News
Well the fact that current battery tech doesnt !! -
Shocking slump: Thailand’s premium EV sales plunge 35%
LivinLOS replied to webfact's topic in Thailand News
I have no dog in the fight.. you asked for data.. that had data.. What I see in the west is much steeper initial depretiation but also totall deprtetiation 8 - 10 years old.. I have a 18 year old truck and a 15 year old BMW.. Both doing fine.. as well as a 40 year old classic.. I cant imagine any electric battery holding up long term.. -
Shocking slump: Thailand’s premium EV sales plunge 35%
LivinLOS replied to webfact's topic in Thailand News
https://motorway.co.uk/sell-my-car/guides/electric-car-depreciation