Some tax filing issues

[offset]

Just now, JustinCredible said:

 

 

From memory, 60,000 each (wife and one son)

Sorry i meant for your allowance for your health insurance 

[alanrchase]

On 2/5/2025 at 3:27 PM, Barney13 said:

That's possible, but would only be 200 baht (per print-out, not per month). I knew that I was almost certain to be under the taxable level, therefore didn't need the print-out, but was slightly annoyed to have to pay, why can't the app. go back to whichever month/year you want, total robbery!

Just ask for an FST for each transfer, they are free and are all the TRD want to see. 

[Unamerican]

On 2/5/2025 at 3:21 PM, Barney13 said:

I gave her my approx. remittance which, with deductions, was under the 150k minimum, therefore don't need to file

What deductions are these?

[Unamerican]

On 2/5/2025 at 3:49 PM, topt said:

However if you only transferred in 400k in a year and you are over 65 then there would be no tax to pay anyhow due to TEDA.

How is age relevant here?? 

[Ben Zioner]

43 minutes ago, Unamerican said:

How is age relevant here?? 

Because there is a deduction of 190 000 THB for seniors aged 65 or more.

[Unamerican]

2 minutes ago, Ben Zioner said:

Because there is a deduction of 190 000 THB for seniors aged 65 or more.

Aha, yes I see!  Thanks for reminding me. 

[Ben Zioner]

On 2/5/2025 at 2:38 PM, Barney13 said:

I recently tried to print out a statement for each month of 2024 from the Bangkok Bank app, not possible! The app allows only the previous 12 months, ie from march 2024. So I made a trip to the bank to advise them that this is problematic for people wanting to pay taxes, they laughed! The main man then took over the proceedings and advised me that all banks apps are the same, and that for a 2024 statement for each month would cost 200 baht. A nice little earner for the banks! I declined and headed to the tax office, to find out if I had to get a TIN and file (wasn't sure as I had reduced my remittance to under required taxable amount through 2024). Two pieces of interesting info the tax lady gave me were, 1/ people remitting 40k or 65k for visas have to pay taxes, 400k or 800k do not (depending when remitted of course), 2/ there is a 100k baht allowance deduction for expenses (never heard of this one).

 

FYI, last week at Bangkok Bank  I paid 4400 for 10 yearly statements of my two FCD accounts. Pricing is 500 when over a year old and 200 if within the current year.

 

Even though I am [still] exempt I tidy up my paperwork. This will also be useful to show BOI that my liquid assets never fell under 100k [health self insurance requirement] when the time comes for extending my LTR visa.