SO who of you guys live in Thailand?
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8
Tax Deducted from Savings Account
In an earlier post is this thread I stated that the first 20,000฿ of interest earned was exempt from taxation. That is not correct. Perhaps it was in previous years. Currently you have a choice of two options regarding taxation of interest. Option A is let the banks take 15% withholding and then you don't include your interest in your taxable income. This option is only available if the total interest you received is 20,000฿ or less. Option B is you include the total interest you earned in your annual income, calculate the tax owed, then reduce the calculated amount by the amount (if any) that the banks withheld from your interest payments. Option A is better if your annual income puts you in a Thai tax bracket where the rate is greater than 15% ( >> 750K฿) . -
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Follow up to I screwed up LOL
"FORM FOR ALIENS TO NOTIFY THEIR CHANGE OF ADDRESS" You do not need a TM28 if you stay at the same address. -
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Strange and annoying things here in land of smiles
I have purchased 4 brand new cars over the years., All done via email, for human contact the car saleman and finance people came to my work to review and sign documents. Vehicles delivered on slide tray trucks when ready. -
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Revenue Department boss calls on tax residents in Thailand to file 2024 returns by March 31
I don't think it is Jim, the PND 90 already shows excluded income types in section B so there's no reason to think this couldn't be expanded. Clearly, TRD IS interested in excluded or exempt income, otherwise they wouldn't ask for it to be reported. -
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Starmer Condemns 'Lies and Misinformation' Over Child Sexual Abuse
Typical of your smug arrogance to claim that someone else has read, or not read, something, when in reality, you have no idea whatsoever. -
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Hippo Mascot 'Moo Deng' Boosts Voter Spirit for PAO Elections
Thats ur opion on the other hand he/she may think you are a Horrible looking thing. think i might tend to agree -
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1,011
UK Pensioners in Thailand Face New Scrutiny Over Pension Fraud
Yeah, I've done it twice, lump sum taxed (withheld) before payment, then just fill in an online claim form to get it back. Took me under 2 weeks each time between filling in the form and being deposited in my UK bank account.
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