Using an overseas Debit Card to minimise paying tax for those of us staying over 180 days
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2,360
Patong - The Wake
Thank you, Literally the best and most sensible realistic comment, on the Tax situation, I have seen. -
2
People’s Party urges urgent rewrite of 2017 constitution
When or if this is done it doesn't matter if the people are involved or not. The status quo which protects and increases the wealth and power of the establishment will remain in place through manipulation and corruption. This will only change when the progressive powers take full power over these corrupt dinosaurs. How or if this happens makes for an interesting and possibly very dangerous future for Thailand. -
23
world wide income taxation update
There are too many other considerations to be able to give a straight yes no answer to your question. Is the 780,000 per year assessable income is it exempt or a combination thereof? The answer to that question determines how much tax might be paid. Then there's the question of exemptions/deductions. potentially those things could reduce the tax obligation to zero. -
15
Pigeon Feeding Blamed for Thai Man’s Lung Illness
Pest birds such as pigeons should be periodically culled. Okay, I feed sparrows and mynah birds sometimes, but they don't congregate, they don't bother other people, they don't <deleted> all over the place, and they don't carry diseases harmful to humans. Pigeons and crows are pests and a health danger and should be treated as such. Crows you can at least reason with but I hate pigeons. -
17
Date of exit stamp if flight at 1a.m.? Recent experiences?
OP question covered. Thread closed -
23
world wide income taxation update
Just what we need, another thread for people to get their knickers in a twist on a subject no one (even the Thai government) knows anything about. OP is a ........ -
8
Are you "all in" in your relationship?
Thai Mrs keeps reminding me that my house in UK is her inheritance. She knows if I don't make a will it will go to HM Government. Ideally, she wants me to sell it now. However, I view it as somewhere I can return to if we split up. Also, it would provide me with free accommodation if I ever needed to return to the UK for treatment under the NHS. -
2,360
Patong - The Wake
I'm amazed how people get so excited about this, including my close friends. Firstly it's not worldwide income, it's foreign income that's brought into Thailand... (they have zero chance of finding total foreign income) , secondly implementing this will be a hell of a job, imagine banks having to report to tax office and vice a versa, then somebody has to go after them..., there are so many laws in Thailand but hardly any of it is implemented, think of red traffic light, or helmets or buying houses and land under company name or etc. etc. ....! This law was specifically brought in for some rich Thais/Fireigners who are tax registered, and have huge businesses abroad in shady countries that avoid paying millions in tax altogether...., the usual run of the mil retiry living in Thailand brining a few thousand a month for living expenses are not the target... Finally most retirees from western countries already paying tax in their home country with double taxation treaty with Thailand, pay a lot more tax there in fact, so it's totally deductale and they know that too... But it still amazes me that people are so worried about this, and keep brining it up to create drama, it will be decades before they can even get their act together on this... Finally with Wise transfer it's possible to choose a money transfer that looks like coming from a local bank, not abroad...! Let's see how Thai banks can detect that as money coming from abroad... Nothing to worry about this at all, unless for some people with dodgy dealings...!- 1
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17
NHS Faces Critical Crossroads: Reform or Die, Warns Prime Minister
The junk food advertising ban is supposed to reduce child obesity. Two instant flaws there. Kids don't tend to watch TV anymore, so likely dont see the advertisements anyway, and child obesity is down to the parents. It's them that buy the junk food after all. -
20
Court Issues Arrest Warrants for Tak Bai Massacre Defendants After No-Shows
It happened on his watch,at the time more than one person pointed (this is Thailand) a finger at him ,he should be on the list. -
23
world wide income taxation update
Question , if an expat is here on a yearly extension and they are going by the 65,000 baht a month route , that is a yearly income of 780,000 baht. That is in the tax band of 20% . So if they pay the 20% tax of 156,000 baht this leaves 624,000 baht , which is 52,000 baht a month , doesn't that take them below the 65,000 baht a month required for their extension ? -
34
THAILAND LIVE Thailand Live Friday 13 September 2024
Asia-Pacific to tackle Thailand’s ageing population crisis Photo courtesy of Bangkok Post Governments across the Asia-Pacific region are being urged to formulate strategies to address their ageing populations, with older people expected to make up nearly 20% of the region’s population by 2050. Full Story: https://aseannow.com/topic/1338117-asia-pacific-to-tackle-thailand’s-ageing-population-crisis/ -
17
Date of exit stamp if flight at 1a.m.? Recent experiences?
If leaving a few days early would save you thousands, then its a really silly question. Come to that, if saving a few hundred dollars is you angle, then once again a very silly question. So, to sum it up. Stupid question. -
15
Pigeon Feeding Blamed for Thai Man’s Lung Illness
Have a few around the house, but none seem to have settled in and used the house as a perch. Have drones JIC they do decide to hang out here. Brother had to give up racing pigeons, as got an lung infection, and couldn't shake it while still having the pigeons. Birds can be quite the dirty vermin at times. -
17
Date of exit stamp if flight at 1a.m.? Recent experiences?
just don’t go through immigration until 12:01
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