October 30, 200817 yr I'm looking to advise a friend so that their overall monthly tax bill goes down, by including some allowances. I know that it is legal, and is done by many companies, but that's all I know! Is there a financial limit to how much each allowance can be and are only certain kinds of allowances allowed by the tax office? I was thinking of allowance categories like travel, housing, medical insurance etc, as these are ones I have had personal experience of receiving on past payslips over the years here in Thailand from various companies. Are there any armchair accountants reading this who can advise? Cheers!
October 30, 200817 yr It's my understanding you won't get any exemptions for travel, housing, or medical insurance. You can get exemptions for certain types of life insurance and retirement plans.
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