Popular Post CFCol Posted 15 hours ago Popular Post Posted 15 hours ago I visited the Nathon branch office today and although they were very friendly and eager to help, they had no English so conversations were held through Google translate. Eventually, after 1 hour they told me I didn't have to fill in a return. Being cautious of this, I asked for the decision in writing. They escorted me to the headquarters of the Revenue Department on Samui and into the office of the director himself. He was very friendly and helpful,(even offered coffee). His English was perfect. Results as follows,(this applies to UK pensions) 1. UK old age pensions ARE TAXABLE in Thailand , if remitted, and are part of your total assessable income. 2. Government service pensions are not assessable and do not have to be declared, even if remitted, but proof of source may be required if audited. 3. Allowable deductions for the year: a) B60k personal allowance. b) B100k for expenses,(this is a blanket allowance and does not require any proof of expenditure). c) B190k if you are over 65yrs. of age Once you have deducted these from your assessable income you then get the 1st B150k at zero rate of tax. If after that you still have a positive balance you MUST file a return. If there is no balance left, you do not have to file a return but can if you wish. If. You wish to offset UK tax already paid, this should be filed along with your return, enclosing proof from the relevant authority. There is no space on the tax forms specific to this. Hope that makes things clearer. 1 5
essexman Posted 3 hours ago Posted 3 hours ago I might be wrong here, but the Government Service pension is not the UK state pension. 1 1
quake Posted 2 hours ago Posted 2 hours ago 13 hours ago, CFCol said: I visited the Nathon branch office today and although they were very friendly and eager to help, they had no English so conversations were held through Google translate. Eventually, after 1 hour they told me I didn't have to fill in a return. Being cautious of this, I asked for the decision in writing. They escorted me to the headquarters of the Revenue Department on Samui and into the office of the director himself. He was very friendly and helpful,(even offered coffee). His English was perfect. Results as follows,(this applies to UK pensions) 1. UK old age pensions ARE TAXABLE in Thailand , if remitted, and are part of your total assessable income. 2. Government service pensions are not assessable and do not have to be declared, even if remitted, but proof of source may be required if audited. 3. Allowable deductions for the year: a) B60k personal allowance. b) B100k for expenses,(this is a blanket allowance and does not require any proof of expenditure). c) B190k if you are over 65yrs. of age Once you have deducted these from your assessable income you then get the 1st B150k at zero rate of tax. If after that you still have a positive balance you MUST file a return. If there is no balance left, you do not have to file a return but can if you wish. If. You wish to offset UK tax already paid, this should be filed along with your return, enclosing proof from the relevant authority. There is no space on the tax forms specific to this. Hope that makes things clearer. b) B100k for expenses,(this is a blanket allowance and does not require any proof of expenditure). This is doubtful, 100k for what exactly ? (If. You wish to offset UK tax already paid, this should be filed along with your return, enclosing proof from the relevant authority. There is no space on the tax forms specific to this. ) What proof ? How do you equate for the Thai and the uk tax years not aligning ? Thanks for your report Quake.
Presnock Posted 43 minutes ago Posted 43 minutes ago Exactly as I and several others have previously mentioned. Read the available information on assessable income and then MOST non working retirees have no assessable income to fill in on a form without any space for such activity STILL even though we are half way through the tax reporting season for 2024. IMHO too many foreigners continue to visit local rd offices in which those employees have absolutely less information on non-assessable reporting but in some cases just blatantly lie. If you have questionable income, check the RD website - and then just make up your mind or prepare documents showing the exemptions you are entitled to. Many folks have obviously gone to these local non-informed employees who just copy their boss's directions for all to file and let the rd decide if you owe any money or get a refund, and this obviously is because the Finance ministry/Govt leaders can't really make up any new changes or interpretations by the majority of govt folks on what is what in the tax world of yesteryear! in hopes of finding a treasure chest somehow. MHO anyway.
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