Introduction to Personal Income Tax in Thailand

[cdnvic]

One post with a personal attack and another commenting on moderation removed. Really losing patience again with some people in this conversation. So here it is, in simple English:

 

If you can't make your point without insulting someone, your input isn't welcome here. Your post(s) will be removed and your account suspended.

[jwest10]

9 minutes ago, cdnvic said:

One post with a personal attack and another commenting on moderation removed. Really losing patience again with some people in this conversation. So here it is, in simple English:

 

If you can't make your point without insulting someone, your input isn't welcome here. Your post(s) will be removed and your account suspended.

Yes, have put him back on but how does know if one is a moderator or Admin on the page thanks and have a merry Christmas but this tax issue and also frozen state pension and other topics too

 

[cdnvic]

2 minutes ago, jwest10 said:

how does know if one is a moderator or Admin on the page

Look under the portrait. If they are a moderator or admin it will say so. If you have more questions, contact support.

[chiang mai]

The link below is to the tax consultancy Mazars,  who provide a detailed explanation how to complete the PND91 tax return and also confirms the TEDA for 2024. Most retired foreigners like myself require the PND90 which is not included. The TEDA explanation, however, will be useful for many people because it is the latest confirmation dated November 2024.

 

The document is entitled, "Personal Income Tax Return, PND91, a closer look November 2024".

 

https://www.forvismazars.com/th/en/insights/doing-business-in-thailand/payroll/personal-income-tax-return-form-pnd-91

[Mutt Daeng]

19 minutes ago, chiang mai said:

The link below is to the tax consultancy Mazars,  who provide a detailed explanation how to complete the PND91 tax return and also confirms the TEDA for 2024. Most retired foreigners like myself require the PND90 which is not included. The TEDA explanation, however, will be useful for many people because it is the latest confirmation dated November 2024.

 

The document is entitled, "Personal Income Tax Return, PND91, a closer look November 2024".

 

https://www.forvismazars.com/th/en/insights/doing-business-in-thailand/payroll/personal-income-tax-return-form-pnd-91

If a person simply has assessable income from pensions only, would PND91 be the correct form to submit?

[chiang mai]

20 minutes ago, Mutt Daeng said:

If a person simply has assessable income from pensions only, would PND91 be the correct form to submit?

I don't know for certain. Whilst logically speaking that would be correct, I'm not sure if the TRD would accept that, despite pension income being classed as Cat 1 income. I have a feeling that because the income is remitted from overseas, that may push it into the "other" income category and dictate that PND90 is used. It may be worth asking TRD, if you are able to visit. 

[Mutt Daeng]

25 minutes ago, chiang mai said:

I don't know for certain. Whilst logically speaking that would be correct, I'm not sure if the TRD would accept that, despite pension income being classed as Cat 1 income. I have a feeling that because the income is remitted from overseas, that may push it into the "other" income category and dictate that PND90 is used. It may be worth asking TRD, if you are able to visit. 

OK Thanks for the reply.

[losrealitycheck]

Hi Mike Lister,

 

What a  really helpful document! Thank you very much. Can you please tell me where to download it or receive it via email as I need to study at carefully? 

 

Thank you, 

 

Rene 

 

 

[OJAS]

On 12/18/2024 at 5:38 AM, chiang mai said:

I don't know for certain. Whilst logically speaking that would be correct, I'm not sure if the TRD would accept that, despite pension income being classed as Cat 1 income. I have a feeling that because the income is remitted from overseas, that may push it into the "other" income category and dictate that PND90 is used. It may be worth asking TRD, if you are able to visit. 

 

Well I for one am not prepared to engage myself, through my wife, in a potentially lengthy and convoluted discussion solely in the Thai language with my local office (because no-one there speaks English), which would almost certainly prove inconclusive (and, hence, a complete waste of our time) in any event. PND91 is the form which, as far as I am concerned, I need to complete, given that my sole source of assessable income is the UK State Pension, and I see no reason why I should now be expected to get my head around the far more complicated PND90 form, given the relatively small amount by way of assessable income involved in my case, which is fully covered by TEDA's in any event. So I'm still planning to file on the basis of the PND91, and shall take it from there.

 

But many thanks for forwarding an extremely useful document in my case.

 

 

[OJAS]

On 12/18/2024 at 5:13 AM, Mutt Daeng said:

If a person simply has assessable income from pensions only, would PND91 be the correct form to submit?

 

If your sole source of assessable income is the UK State Pension (as it is in my case), I would have thought that the answer to your question was unhesitatingly in the affirmative!

[OJAS]

On 12/18/2024 at 5:38 AM, chiang mai said:

I have a feeling that because the income is remitted from overseas, that may push it into the "other" income category and dictate that PND90 is used.

 

That would surely mean that only those who were solely in receipt of Thai pensions (or other Thai income from employment) would be able to file on the basis of the PND91 form, would it not?

[chiang mai]

1 minute ago, OJAS said:

 

That would surely mean that only those who were solely in receipt of Thai pensions (or other Thai income from employment) would be able to file on the basis of the PND91 form, would it not?

Yes it would.

[scottiejohn]

1 hour ago, OJAS said:

So I'm still planning to file on the basis of the PND91

How do you file that PND91?

Is it in person or online?

Also what supporting documents from UK/Thai banks are required?

[topt]

1 hour ago, scottiejohn said:

Is it in person or online?

Either

1 hour ago, scottiejohn said:

Also what supporting documents from UK/Thai banks are required?

None initially unless asked.

When reclaiming tax withheld on bank interest then they need forms from the bank.

 

All this is in the "guide" - or subsequent posts - have you bothered to read it........

[scottiejohn]

4 minutes ago, topt said:

All this is in the "guide" - or subsequent posts - have you bothered to read it......

You must be joking if you think anyone is going to read all that crap!

 

PS;  You say the form is available on lone!

Do you have a link to it please!

[topt]

6 minutes ago, scottiejohn said:

Do you have a link to it please!

Don't shoot the messenger but apparently we are still awaiting the 2024 (file in 2025) form to appear........