LTR Visa is Now available for Long Term Residency

[JimGant]

1 hour ago, oldcpu said:

Those forms do NOT appear to be intended for any LTR visa holder other than the LTR Highly Skilled Professional

Yeah. My quote was from the Expattax folk's FAQ page -- which, I've found, has a lot of questionable observations. But, hey, they do start out their webpage with the disclaimer: "The information on this website is for informational purposes only and is not professional tax advice." So, maybe they're honest, if not dependable. Hey, they're the ones who maintain pre 2024 income, to be non assessable when remitted, must only be from a savings account. Chew on that for awhile.

[Ben Zioner]

21 minutes ago, JimGant said:

Yeah. My quote was from the Expattax folk's FAQ page -- which, I've found, has a lot of questionable observations. But, hey, they do start out their webpage with the disclaimer: "The information on this website is for informational purposes only and is not professional tax advice." So, maybe they're honest, if not dependable. Hey, they're the ones who maintain pre 2024 income, to be non assessable when remitted, must only be from a savings account. Chew on that for awhile.

Agree. That's why my first choice for a tax professional would be Dejudom, who happens to be and LTR Certified Agency. But I don't plan to do anything before the end of next year. By that time Expattax might have gotten stellar review and kept their moderate pricing...

 

 

[SHA 2 BKK]

2 hours ago, oldcpu said:

 

The Thai RD web site also gives this very similar looking PDF (its in a slightly different directory - it could be identical):

 

https://www.rd.go.th/fileadmin/tax_pdf/pit/2566/271266PIT95.pdf

 

Which also states "Highly Skilled Professional".

 

Those forms do NOT appear to be intended for any LTR visa holder other than the LTR Highly Skilled Professional , but I don't know.  I am no expert.  And this is what I found via an "LTR" search.  For all I know (or don't know which is likely more accurate) there could be other items which don't show up in such a search.

 

It makes sense to me that LTR Visa Highly Skilled Professionals should be 'singled out' for a tax form, as I believe the Royal Decree indicates they (Highly Skilled Professional) need to submit a tax form.

.

Yes and they pay from memory 17% on their Thai Earned Income from memory so they will need their own RD Tax Form.  
 

I keep watching the General Forum to see if the RD has issued updated Forms

for remitted income earned in 2024.  That may give some pointers.  
 

As I have only remitted 2023 and pre earnings and have kept my bank statements from 31 December 2023, I guess I will keep a watching brief.