October 14, 2025Oct 14 30 minutes ago, redwood1 said: Sir you must be joking.....150,000 a year would barely cover the cheapest of rents and the cheapest of food and the cheapest of transport for a year.....With almost zero left over....In almost any city in Thailand... Vast numbers of millions of Thais make more than 150,000 a year.. Just to be clear, it has already been explained that 150,000 baht of assessable income is exempt from tax in Thailand, not 150,000 baht of total income. You can (and better if you do) earn more than this and don't pay tax.
October 14, 2025Oct 14 Popular Post 9 hours ago, hydraides said: No social security, no free healthcare, no access to bank loans, no access to drinkable water, no rights to own land, no pension, double prices for tourist attraction and higher prices in general at some places, .......and we also spend 10x and support local business over most low income thai citizens.........Hahaha thailand keep producing these april 1st headlines....because these tax proposals on income remittance are ridicolous do you think we are mugs Start by Wiping out the absolute rampant corruption from local government officals and projects from each district and you will get equivalent income x 10 that you would get from trying to tax foreigners hard earned income...jokers You make a good point.....I dont know of any country in the world that gives tax payers ZERO benefits for paying taxes...... And to add salt to the wound....Said farang tax payer is often charged considerably more for medical care than Thais...Over charging is rampant in Thai hospitals...
October 14, 2025Oct 14 Popular Post 33 minutes ago, redwood1 said: Sir you must be joking.....150,000 a year would barely cover the cheapest of rents and the cheapest of food and the cheapest of transport for a year.....With almost zero left over....In almost any city in Thailand... Vast numbers of millions of Thais make more than 150,000 a year.. And most Thais have never paid one baht in taxes and you know what they have no plans to start paying any time soon... Also its well known the stinking rich Thais are world class non tax payers..... Indeed.. My neighbours have a 2 story house and the rent is 7.500 THB a month without water or electricity...They drive a car on petrol so I am wondering how much they earn to pay these costs.. It will be more than 12.500 a month....But again the Revenue department has no idea who is living where, doing what and how much they earn.. and I hear people who own land they have to pay tax too unless it is used, and they find all kind of things for not need to pay taxes, while these taxes are low...No Thai people only want benefits but doesn't want to pay tax.. And I can imagine as there are hundreds of generals with too much salary who are doing nothing and a lot of money is lost because of corruption and pocketfilling by the Government...
October 14, 2025Oct 14 The article mentions deductions or allowances which can be deducted from your work income or amount received from overseas, but it didn't mention the disabled / over 65 years old allowance. The wife, who does our individual income tax returns online, tells me there is a box to tick to claim this allowance, and from memory she thinks this allowance is additional to other allowances. Thai Tax Resident who is over 65 years of age or who is disabled is entitled to personal income tax exemption on the net income up to Baht 190,000 per tax year.
October 14, 2025Oct 14 Popular Post On 10/13/2025 at 7:40 AM, motdaeng said: please reread the OP : "A major change came into effect in January 2024, requiring tax residents to declare and pay tax on foreign income brought into Thailand, regardless of when it was earned .." What about this , Published on July 23, 2025, 2:19pm ET |https://smartasset.com/icons/fact-checked-badge.svgFact Checked When it comes to tax planning rules, many retirees often ask one question in particular: is a pension considered earned income? The short answer is no—pension income is generally not classified as earned income for tax purposes. Unlike wages, salaries, tips and self-employment earnings, which qualify as earned income, pensions fall into the category of unearned income. This distinction matters because it affects various aspects of your tax situation, including eligibility for certain tax credits, Social Security taxation and Medicare premium calculations.
October 14, 2025Oct 14 3 hours ago, digger70 said: What about this , AI generated which IMO means it is likely flawed or just too simplistic before you even look at what it says. Quotes Medicare so possibly US based but either way not specific to Thailand. As an example in the UK any pension payments are added to overall income and the total then taxed after whatever allowances. Whether the pension is specifically taxed is almost neither here nor there. Under DTAs SS payments only taxed in US, UK govt pensions only taxed in UK but UK private and state pensions considered fair game in Thailand..........depends as always on the TRD person/location and what you declare.........TIT
October 14, 2025Oct 14 On 10/13/2025 at 6:39 AM, ikke1959 said: 3,3 foreign workers must be taxes.. How many Thai people are not being taxed yet?? No, both Thai and Foreign workers must declare their income. Only the people who earn more than the deductible amount have to pay tax.
October 14, 2025Oct 14 On 10/13/2025 at 12:52 PM, ikke1959 said: you don't have a clue what you are talking about..... you claim that all Thais earn less than 12.500 THB a month..How can they live in houses, pay the rent or mortgage, drive luxury cars, go on holiday several times a year and do luxury shopping as promoted by the Government... And foreigners need at least an income of 40k if they are married a month and 65k a person for retirement...I know that at least 70% of all Thai people never have filled in a tax form, maybe just as you..... I fill it in every year... and I pay every year my tax, and I don't complain.. It is just that the double standards will kill everything in Thailand, less expats, less retirees, and less tourists, only low educated people don't see it and make comments like you do You don't have a clue. It is way more than the 150K: "Foreign nationals are eligible for many of the same deductions as Thai citizens, including a 60,000 baht personal allowance, spousal and child deductions and relief for provident fund or life insurance contributions."
October 14, 2025Oct 14 On 10/13/2025 at 5:38 AM, Yumthai said: How bad is that! Thai schools and universities should only hire Thai teachers, it will definitely improves their people education level. You have to be joking!
October 14, 2025Oct 14 Popular Post 14 minutes ago, FritsSikkink said: You don't have a clue. It is way more than the 150K: "Foreign nationals are eligible for many of the same deductions as Thai citizens, including a 60,000 baht personal allowance, spousal and child deductions and relief for provident fund or life insurance contributions." Deduction/Allowance Type Maximum Amount (THB) Key Conditions/Notes Personal Allowance (taxpayer) 60,000 Standard allowance for the taxpayer. Spouse Allowance 60,000 For spouse, if not filing a separate return and has no income. Child Allowance (per child) 30,000 For children under 25 years old, or disabled children of any age; additional 60,000 for disabled children. Disabled Taxpayer/Dependent Allowance (per person) 60,000 (taxpayer) 30,000 (dependent) For taxpayer or qualifying dependents with disabilities. Elderly Taxpayer Allowance (age 60+) 190,000 (taxpayer) 30,000 (spouse, if 60+) Replaces standard personal allowance for seniors. Life Insurance Premium 100,000 For policies on taxpayer's own life; minimum 10-year term, issued by Thai insurers. Additional 10,000 for non-income-earning spouse. Health Insurance Premium 25,000 For health coverage on taxpayer's own life; must be from Thai insurers. Provident Fund Contributions (e.g., employer-sponsored) 15% of income (max 500,000) Employer contributions deductible up to this limit; employee contributions also qualify. Social Security Fund Contributions Actual amount Mandatory contributions to government fund. Retirement Mutual Funds (RMF) 15% of income (max 500,000) For long-term retirement savings; must hold for 5+ years. Super Savings Fund (SSF) 15% of income (max 200,000) New voluntary retirement scheme; phased limits apply (e.g., 500,000 in first year). Long-Term Equity Fund (LTF) Conversion to TESGX Up to 500,000 (over 5 years) First year: 300,000 exemption; years 2-5: 200,000 total (max 50,000/year); units held 5+ years post-conversion (May-June 2025 window). Donations to Charities/Public Funds 2-10% of income (varies) E.g., 2% for general charities; up to 10% for specific funds like education or religion; e-donations to Thai Red Cross or 27 listed orgs (Jan 2025-Dec 2027). E-Donations (Charitable Activities/Public Benefit) Actual amount (up to income limit) For projects via Thai Red Cross or approved foundations (Jan 2025-Dec 2027). Easy E-Receipt 2.0 Shopping Deduction 50,000 total For goods/services bought Jan 16-Feb 28, 2025, with e-Tax invoices/receipts: Up to 30,000 from VAT-registered sellers; additional 20,000 from OTOP/community/social enterprises. Excludes alcohol, tobacco, memberships, etc. ESG Mutual Fund Investments Varies (up to 100,000) For sustainable funds; specific limits apply for 2025. Home Construction/Renovation Costs Actual (up to 100,000 for energy-efficient) For first-time home builds or eco-friendly upgrades. Interest on Savings Deposits 20,000 Exemption on bank interest if total ≤20,000/year. Dividend Tax Credit 3/7 of dividends Credit for dividends from Thai companies (if withholding tax paid). Yeah sure if you not earn that much, it is not that bad. If you earn decent it is still bad, if you earn good it is hell. Virtually all of these benefits are not even really benefits, in proper countries that is what you get for paying tax in general (social security, good free schooling, pension etc etc).
October 14, 2025Oct 14 Let's see where it goes, if they really start pushing for tax from overseas income that would motivate the last good expats and more to leave Thailand for sure. I don't know anyone who is going to pay it except some retirees who would virtually pay nothing anyway, as of having barely income, same for some teachers.
October 14, 2025Oct 14 30 minutes ago, ChaiyaTH said: Elderly Taxpayer Allowance (age 60+) 190,000 (taxpayer) 30,000 (spouse, if 60+) Replaces standard personal allowance for seniors. to my knowledge, you have to be 65 years old, for to get 190,000 allowance, not just over 60 ... https://sherrings.com/personal-tax-deductions-allowances-thailand.html
October 14, 2025Oct 14 1 hour ago, FritsSikkink said: You don't have a clue. It is way more than the 150K: "Foreign nationals are eligible for many of the same deductions as Thai citizens, including a 60,000 baht personal allowance, spousal and child deductions and relief for provident fund or life insurance contributions." I pay tax every year and I am fully aware how they calculate it..but every year whenever I go to tax office there is nobody and I can't imagine that every Thai is able to fill in the form correctly in paper or online...so here are people that claim that Thai people all have an income of 150k and therefor don't need to fill in a tax form, as the don't need to pay...but maybe they forget that maybe they can get refunds of some paid taxes too and the Revenue Department has no clue what people in reality earn
October 14, 2025Oct 14 Weird thing I have a safety deposit box chair I just signed my name I go into it well today they said new system asked me a lot of questions not only about my passport but question like how much money do you bring in each month and where is the money coming from so I thought for a minute and I said wow I was just gonna be attached to immigration or immigration just picks up your tablets and gets all the information or you just send it to them oh no it’s just for records so you’re thinking for a minute with a straight face I told her an extremely low low low number That I didn’t believe her but I didn’t I said a really low number I just thought it was kind of weird that now all of a sudden I save the box to Box to ask a bunch of questions taking pictures of my passport asking for previous address before I moved here in which country in all but next time you come will be easier it was like paperless and I designed your tablet two or three times but it just kind of weird how they ask them how much money I bringing each month TIT
October 14, 2025Oct 14 If you work here, then you also (should) pay social security. I learned that if you work past 60 years of age, you can start receiving your pension without further contribution and still keep working. Best to call the Social Security office to double check this as I sometimes doubt what the company HR tells me.
October 14, 2025Oct 14 14 hours ago, motdaeng said: from your post it seems you may have chosen the wrong country to live in ... what will you do if thailand actively starts enforcing the (already in place) tax law on foreigners? Go to another country and never look back.
October 14, 2025Oct 14 15 minutes ago, Espanol said: Go to another country and never look back. is that a promise? i've heard this kind of promise countless times over the past 20+ years, and in the end, only a few of those people actually left thailand and never came back ...
October 14, 2025Oct 14 Popular Post 6 minutes ago, motdaeng said: is that a promise? i've heard this kind of promise countless times over the past 20+ years, and in the end, only a few of those people actually left thailand and never came back ... It is. I'm not going to pay 25% tax on my pension. For that, I'd be better off moving back to Spain: I'd pay less tax and be eligible for Social Security. There are many equally good places in Southeast Asia, Europe, and Latin America where I'd pay much less or nothing at all. And on top of that, most of those places speak my language or English.
October 15, 2025Oct 15 On 10/13/2025 at 5:31 AM, Georgealbert said: • Thailand now taxes foreign income remitted at any time, marking a major policy shift since January 2024. Didn't the Revenue Dept announce a few months back something along the lines that all remmittances for a period would be free of tax? They had worked out that fhere was a significant drop in remittances and wanted money to flow in again. Are they now going to tax this extra input within the legislation?
October 15, 2025Oct 15 2 minutes ago, Old Croc said: Didn't the Revenue Dept announce a few months back something along the lines that all remmittances for a period would be free of tax? They had worked out that fhere was a significant drop in remittances and wanted money to flow in again. Are they now going to tax this extra input within the legislation? no, they talked about it, but nothing happen since ... the "adjust tax law" effective since 2024 is still in place ..
October 15, 2025Oct 15 On 10/13/2025 at 9:51 AM, motdaeng said: who told you that... i hope you check the source of your information, because everything you write is misinformation or just a rumors ... What are you mumbleing about. Pull ya scone in dude! 🤡
October 15, 2025Oct 15 22 hours ago, motdaeng said: to my knowledge, you have to be 65 years old, for to get 190,000 allowance, not just over 60 ... https://sherrings.com/personal-tax-deductions-allowances-thailand.html Just looking at my 2024 online tax return form PDF, there are boxes to tick for (i) disabled person not over 60 years age and (ii) people over 65 years age (including disabled). Tick the box for the b190k deduction. The online tax form is simple, just tick boxes and fill in amounts in a few boxes, but is only in Thai language so you need a thai to help fill in the form. Don't know why but the Revenue Dept often reviews my (thai) wife's annual online tax form and request she provides substantiation of her claimed deduction allowances, while to date I haven't had any review requests, so they do check your form.
October 18, 2025Oct 18 On 10/14/2025 at 7:31 AM, redwood1 said: Sir you must be joking.....150,000 a year would barely cover the cheapest of rents and the cheapest of food and the cheapest of transport for a year.....With almost zero left over....In almost any city in Thailand... Vast numbers of millions of Thais make more than 150,000 a year.. And most Thais have never paid one baht in taxes and you know what they have no plans to start paying any time soon... Also its well known the stinking rich Thais are world class non tax payers..... I lived in isaan area and there were loads if people living below poverty standard. Around the tourist areas probably higher. But out in the rural areas not many have some.
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