Buriram Expats
Buriram Province - General Category => Jobs, economy, banking, business, investment in Buriram => Topic started by: Tosj on March 24, 2013, 02:46:46 AM
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When you are living in Thailand, and you have a job abroad. The salary will have a income tax, does some one know how much %tax you have to pay in Thailand?
Where can i find i good insureance company for working outside thailand, or combined within Thailand?
What kind of health insureance do you all have here?
greetings
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Income tax: rules are different for different countries of origin, you need to look if your country has a double taxation agreement with Thailand before looking further. Then you can google it....
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Thailand uses VAT. No income tax to my knowledge.
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Why the hell is the OP concerned about paying tax here?
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Thailand uses VAT. No income tax to my knowledge.
By my knowledge there most certainly is income tax.
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Thailand uses VAT. No income tax to my knowledge.
By my knowledge there most certainly is income tax.
The missus is going to pay hers later today.
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Thailand uses VAT. No income tax to my knowledge.
Maybe the Yanks have different rules to the rest of the world!
By my knowledge there most certainly is income tax.
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Thailand uses VAT. No income tax to my knowledge.
By my knowledge there most certainly is income tax.
The missus is going to pay hers later today.
I am aware of a business tax paid twice a year by Thai Business owners, is this what you are talking about?
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Maybe the Yanks have different rules to the rest of the world!
Yes, in order to have an income tax, your income has to be reported to the GVT in some manner. My work income is reported by my company to the GVT, taxes automatically taken out, and you have to file to get any owed return.
I am unaware of anything comparible in Thailand where Businesses report employee wages as I coordinate with my wife to ensure we are in compliance with Thai Law.
But then Nookie always knows more than the rest of us.
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3.1 Taxable Persons
Taxpayers are classified into “resident” and “non-resident”. “Resident” means any person residing in Thailand for a period or periods aggregating more than 180 days in any tax (calendar) year. A resident of Thailand is liable to pay tax on income from sources in Thailand as well as on the portion of income from foreign sources that is brought into Thailand. A non-resident is, however, subject to tax only on income from sources in Thailand.
Updated 27 September 2011
Data Verified by Seri Manop & Doyle Ltd.
http://www.boi.go.th/index.php?page=pit_taxable_persons
3.8 Tax Rates
Personal Income Tax Rates for 2013 – Effective 1 January 2013
http://www.boi.go.th/index.php?page=pit_tax_rates
if this helps?
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Maybe the Yanks have different rules to the rest of the world!
But then Nookie always knows more than the rest of us.
It would appear to be the case,especially where Yanks & Aussies are concerned!!
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Nookie seems to be suffering from delusions of grandeur again
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Nookie seems to be suffering from delusions of grandeur again
Bloody hell Eric ,Welcome back,where have you been?
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Thanks Nookie,been a bit busy lately.Good to see everyone still alive and kicking.If anyone is interested, personal tax rates were shown in this week's Bankok Post on 25/3
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Thanks Nookie,been a bit busy lately.Good to see everyone still alive and kicking.If anyone is interested, personal tax rates were shown in this week's Bankok Post on 25/3
Tried to find the article on-line, but did not find. Do you have the complete article name or perferably the link?
Thanks
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Not the same article, but try this:
http://www.rd.go.th/publish/6045.0.html
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In my case at least, income from state pension is not taxable in Thailand. Beside the point I know, but I am surprised that so many people have no interest in paying income tax! I don't have to get a tax number either, although I am sure that I could get one if I spent a bit of tea money...
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It was on the last page of the business section titled 'Where credit's due'-table showing tax rates in centre
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Most of the time,taxation laws are fairly similar in Thailand to Western countries.No tax is payable on savings brought into Thailand,however,tax is payable on any earnings on those savings.One thing I would watch out for is rental income.Most expats will have property{except condos} in their partners' name.This means that partner will need to show rental income on their tax return-even though you have probably paid for it.I believe tax is something you do not mess around with-just paying it is a lot easier in the end.Personally,I would rather get a good night's sleep than save a few baht. But that's just my humble opinion.
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Never heard of anyone paying Tax here.. Is it a upto you thing or is it set in law... Only the daft pay tax in this country...
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I dont pay tax on my 250k baht a month pension that i transfer here.. Do i have to pay tax on that?? swordfight
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You tell us "only the daft pay tax in this country"-Then why ask whether you need to pay tax?Someone as clever as you should be able to figure that out all by themselves.
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You tell us "only the daft pay tax in this country"-Then why ask whether you need to pay tax?Someone as clever as you should be able to figure that out all by themselves.
Sharp as a knife Eric.2012 :biggrin:
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Im not arsed thats why i dont need to figure it out.. Oh and welcome back Albert bananadance
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Im not arsed thats why i dont need to figure it out.. Oh and welcome back Albert bananadance
REPLY 19 = Never heard of anyone paying Tax here.. Is it a upto you thing or is it set in law... Only the daft pay tax in this country...
REPLY20= I dont pay tax on my 250k baht a month pension that i transfer here.. Do i have to pay tax on that??
Only the daft pay tax in this country...Do i have to pay tax on that?? screwy
I'm not daft honestly.
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I dont pay tax on my 250k baht a month pension that i transfer here.. Do i have to pay tax on that?? swordfight
On that amount you would pay income tax in the UK if that is where you get it from not sure about countries.You will also pay tax on the interest received in a Thai Bank.
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Binnsy,correct about the interest-Anyone who collects interest in Thailand already pays 15% tax before it goes into your bank account.Antonio-that means all of us are daft according to Toffo. party4
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I dont pay tax on my 250k baht a month pension that i transfer here.. Do i have to pay tax on that?? swordfight
250000 bht pension !!!!!!
Every month !!!!!!
Were you a member of parliament toffo ?
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I dont pay tax on my 250k baht a month pension that i transfer here.. Do i have to pay tax on that?? swordfight
You are not liable for Tax on Money bought into Thailand, you would be liable to Tax where the Money is earned though.
Mike
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You tell us "only the daft pay tax in this country"-Then why ask whether you need to pay tax?Someone as clever as you should be able to figure that out all by themselves.
Sharp as a knife Eric.2012 :biggrin:
I've just fell off my chair!!!
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With a few answers i can work with. But i was not talking about retirement payment or so. But about salary, cos in August i will be comming to thailand for stay. so officially i don't live then anymore in the Netherlands. My employer has asked me if i am stil willing to do some of the projects abroad . Cos i also quit with my work. This means that a few times a year, 1 or 2,i will go to a country for a project. cos i don't live in the Netherlands anymore i don't have to pay incometax and so there. That is why i wanted to know how much % it would be in thailand, so i can calculate a wage for when they want to hire me.
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Hi Tosj,hope the tax rates in the link left by Nico help.If you are in Thailand more than 180 days a year,you will need to pay tax on those projects you spoke of.Just be aware that in Thailand the tax year starts on January 1.Cheers.