How To Deduct Cash Workers/contractors

[PhilsterBKK]

Hi,

We have a woman who comes in twice a month to help my wife with the tax paperwork. We pay her 600 baht cash each time she comes in. Does anyone know how we must go about deducting this money because we are starting to make a profit now and we need every deduction we can get.

It should not affect her because she needs to have about 100,000 annual salary before she has to pay any income tax. So it is a matter of doing the paperwork properly with the Thai tax department...

Thanks,

Philster

[BrianCR]

She needs to earn 300,000 and you need to stop withholding tax at 3.3%

[BrianCR]

She needs to earn 300,000 and you need to stop withholding tax at 3.3%

By the way she seems to be some help with your tax if she doesn't even know this!

[soi41]

She needs to earn 300,000 and you need to stop withholding tax at 3.3%

By the way she seems to be some help with your tax if she doesn't even know this!

Just have to love smartarses like you!! The actual amount is 150k. Why post on something, where you clearly have no knowledge! Okay it was only 100% wrong, but still.

[BrianCR]

About two months ago the starting rate of income tax was increased to 300,000 per year, is it being implemented yet? I don't know and by the sound of it neither do you smartarse!

[PhilsterBKK]

She needs to earn 300,000 and you need to stop withholding tax at 3.3%

By the way she seems to be some help with your tax if she doesn't even know this!

LOL, You crack me up. That has been experience in the land of smiles. The sweet ladies know what they know and that is it !!

I can't even ask my auditor because she has been bugging my wife to take over the accounting and I know I won't get a straight answer from her.

Truthfully I don't want employees. When the last one quit is was such a relief to not have to deal with the social security paperwork anymore, and I don't want to go there again. I want contractors, OK. If they want social security then they can ask me for a small raise and they can go to the office and pay it themselves. We are a small company it is not amount the money as much as IT IS ABOUT THE DAMN PAPERWORK.

if anyone knows how to go about writing off the service I would really appreciate it.

[PhilsterBKK]

She needs to earn 300,000 and you need to stop withholding tax at 3.3%

So what you are saying is if we want to write it off we have the withhold exactly 3.3% of the 600 baht and deduct it as an accounting service ?

If yes, then I am OK with that because we do this for a lot of other purchases, and I we easily do this and give her the 3.3% out of pocket. Please reply if I got it correct. Thanks for the help !!!!!!!