Tax Question

[carlsum1986]

It is tax season again and I am considering getting married to a Thai national.

My question is that if I get married in Feb 2013 can I claim the spouse tax rebate of 30k baht when I submit my tax for 2012 in March?

[Spoonman]

No.

The Tax documents to be submitted by the end of March is for the 2012 financial year, the marriage to your lady is in the 2013 financial year.

[carlsum1986]

how is tax rebate paid back to me in Thailand?do i receive a cheque in the post or do i get credited to my bank account?

do me and my spouse need to file our taxes to be eligible for this tax rebate of 30k?

[Spoonman]

Paid back by cheque.

[carlsum1986]

so i just state in my tax submission i have a wife and i get 30k back?

[ubonjoe]

It is an allowance that is deducted from your income. You do not get it as a rebate.

See: http://www.rd.go.th/publish/6045.0.html

[carlsum1986]

so just to be 100% clear.....if i am meant to pay 45k baht tax this year and I have a wife so I only need to pay 15k in tax and the company will have to give me back the 30k they withold for tax purposes?

[ubonjoe]

No

If your income is xxxx amount you deduct the the 30,000 from that amount which lowers your net income after all deductions that determines how much tax you pay.

[carlsum1986]

dam_n....thanks for your explanation.....makes not much difference if 30k is deducted for me..........

[ubonjoe]

It could make a big difference if it moved you into a lower bracket. IE: from 20% to 10%.