2 Tax Questions

[THAIPHUKET]

1. an unrelated Thai individual inherits 100.000 Euro from abroad. How much tax?

Is there an escalation related to amount?

2. a Thai resident, married to a Thai, wants to work on a time contract as commercial diver in the North Sea, English contractor

requires prove that no income tax is payable on such monies in Thailand.

How to prove? How to get written documentation?

[manjara]

1. an unrelated Thai individual inherits 100.000 Euro from abroad. How much tax?

Is there an escalation related to amount?

2. a Thai resident, married to a Thai, wants to work on a time contract as commercial diver in the North Sea, English contractor

requires prove that no income tax is payable on such monies in Thailand.

How to prove? How to get written documentation?

I think you will find that if the money from the contract is paid to the Thai resident personally, then income tax should be paid in Thailand. I'm sure not many pay any though!

[givenall]

1. an unrelated Thai individual inherits 100.000 Euro from abroad. How much tax?

Is there an escalation related to amount?

2. a Thai resident, married to a Thai, wants to work on a time contract as commercial diver in the North Sea, English contractor

requires prove that no income tax is payable on such monies in Thailand.

How to prove? How to get written documentation?

I think you will find that if the money from the contract is paid to the Thai resident personally, then income tax should be paid in Thailand. I'm sure not many pay any though!

woo worried about paying income tax, Most people worried about how to avoid

[THAIPHUKET]

avoiding income tax ok, if you can do it legally no one can blackmail you ever. A good sleep is the best yield/income

[sideshow]

1. an unrelated Thai individual inherits 100.000 Euro from abroad. How much tax?

Is there an escalation related to amount?

2. a Thai resident, married to a Thai, wants to work on a time contract as commercial diver in the North Sea, English contractor

requires prove that no income tax is payable on such monies in Thailand.

How to prove? How to get written documentation?

[sideshow]

1. an unrelated Thai individual inherits 100.000 Euro from abroad. How much tax?

Is there an escalation related to amount?

2. a Thai resident, married to a Thai, wants to work on a time contract as commercial diver in the North Sea, English contractor

requires prove that no income tax is payable on such monies in Thailand.

How to prove? How to get written documentation?

In the old days (Registered self employed with card) you reciever all your earnings and then it was up to you to pay the "Tax Man" the apropriate amount on your 'declared earnings' and for some people pray you were never investigated. These days you will be "Taxed at source" and a percentage of your earnings deducted. It doesn't matter where you live in the world (Thailand, USA, Middle East etc) the UK companies (Dutch or Norwegian companies if in their sector) will still hold back a set percentage of your earnings for the Tax Man (they have no choice in this). This makes it your job (if you want the money back) to prove to the UK Tax Man that you do not owe him any money!!! "You don't live in the UK, you don't owe the UK Tax Man!!!

You say you are a Thai resident but obviously not Thai. Are you registered as an expat for tax reasons?, have you got ties to the Uk? Do you hold a Seamans book (days out of the country / days offshore).

Basically get yourself an accountant (you know you can afford it) and at the end of the Tax year (April) submit your forms and claim back the money.

As a Offshore Diver I am very surprised you are asking these questions, from day one you have been self employed and everyone you work with would have been able to educate you on this subject. Avoiding / paying the least amount of Tax is a favourite topic of conversation for all Seamen / Rig workers!

Anyway good luck and safe diving..