Michael ******
This is a summary of
Michael ******
's contributions to the platform. They have posed 6 questions and added 430 comments.

QUESTIONS

COMMENTS

Michael *******
The tax offices in Chalong and Phuket town are surprisingly easy to deal with, although is helps if you are accompanied by a Thai speaker - I was in Chalong last week, and not busy right now , (Jan-Mar to be avoided) they are getting lots of enquiries but they are very helpful, first step is get a tax number, ID and Cert Of Residence needed…..good luck
Michael *******
Nothing will happen next year, some will register and file a return others will hope for the best, and ignore, assuming it will just go away….sadly death and tax can never be avoided 🙁
Michael *******
@Steve *******
already law - check with local tax office or a tax expert 2024 income requires a tax return next year
Michael *******
@Richard ******
that brings into play the principle that tax has to be paid somewhere - and tax residency in thailand would leave people exposed under new rules
Michael *******
@David ***
no point in trying to apply logic to this, we had to do our Retirement Visas in our home country for this reason, only way round it is to pay an agent
Michael *******
@Graham *****
that’s what the banks quote, and their law is what matters - very hard to open a bank account anywhere in the world now without resident status - spent last five years having my accounts in Dubai, HK and South Africa closed….they say it’s due to Money Laundering legislation but that can’t of course be the case here 🙂
Michael *******
Sure has, a tax resident (someone who spends 180 days in a calendar year here) is obligated to complete a tax return in Thailand , taxes paid in AU are offset against any Thai tax, usually a wash however, if you are not currently paying tax in AU, stay there or seek advice…
Michael *******
Depends on your visa, if you are on a tourist visa, by law they cannot open an account for you , you need to be resident.