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@makiavelli6101 2 күн бұрын
It is basically the same when it comes to governmental systems ability to deplete a family of their generational assets in all western cultures it is beginning to seem.
@andybkkchitchat1307 6 күн бұрын
Nice one
@ThailandChitChat 6 күн бұрын
Thanks Andy.
@davidpeters6536 21 күн бұрын
Is Surf Radio digital? I heard all the radio stations are going digital next year and it is likely to make a big difference to everyone.
@adispoon 21 күн бұрын
My villa currently being built in fin lek fai and cannot wait to move to hua hin. After living 3 years in Phuket it is nice to see hua hin concentrating on the infrastructure as a priority as all Phuket do is talk about improving infrastructure yet nothing actually seems to be done.
@ThailandChitChat 21 күн бұрын
I hope all goes well with your new build, and yes, it is great to see the investment in Hua Hin. Lets watch to see the progress. Thanks for the comment.
@solelmi 28 күн бұрын
great show
@jbranche8024 2 ай бұрын
Understand that Everyone may use Every Thai Revenue Department deduction, exemptions and benefits Unless specifically documented to the contrary. Please reference the 2023 or 2024 deductions, exemptions and benefits info. Date is on bottom left of Thai revenue documents
@ThailandChitChat 2 ай бұрын
Thank you for the information.
@jbranche8024 2 ай бұрын
1:45 this was clarified 21 November 2023 on Thai Revenue Department Order P.162/2023. "The provisions shall Not apply to Section 41 assessable income arising before the date 1 January 2024" The supporting reference document Google Thai Revenue Department Foreigners_Pay_Tax2024.pdf. The first document was posted in Thai Only so probably why no one found it.
@ThailandChitChat 2 ай бұрын
Thank you for the comment.
@KOJAK321 2 ай бұрын
Thank you for the insight to local issues
@ThailandChitChat 2 ай бұрын
Lovely to receive compliments. Thanks.
@jampasurprenant1794 2 ай бұрын
The stock market is always up and down without 55 working here in the United States. And the Thai currency has no Value .
@matthew6978 3 ай бұрын
I was planning on retiring early and building a villa in Koh Samui. Not now! You will be double-taxed even with the tax treaty. I'm not moving any large amounts of cash into Thailand now.
@ThailandChitChat 3 ай бұрын
I doubt your tax you have paid will be more than the Thai tax, so you would not be liable. But I must admit many are saying the same.
@matthew6978 3 ай бұрын
@@ThailandChitChat Anything that is tax-exempt here will be taxed fully in Thailand.
@user-kz3rw2ol3s 3 ай бұрын
Enjoyed story about death railway. Out of curiosity. Are those who make KZfaq videos considered to be working.
@ThailandChitChat 3 ай бұрын
Officially I suppose if you are making money from it, yes. Even charity work requires a work permit. We all have work permits so not an issue for us, though we do not make any money from the channel. Many people just make videos for fun, so not an issue.
@malin5468 3 ай бұрын
I loved the story about the sailing capsize. I can relate to that experience! Actually I was thinking of renting a dinghy from the sailing club when I arrive inHH in a few weeks, but I am not sure I could right a capsized dinghy at my advanced age.
@ThailandChitChat 3 ай бұрын
Even at 45, when on a banana boat I could not get back on. Looks great fun though.
@davidpeters6536 3 ай бұрын
Spoiler: That part of the river is now (since the 1960s) called the Kwae Yai River and was previously called Mae Klong. The Film was based on the book "Bridge on the River Kwai" which was a fictional novel written by a Frenchman and based on real events on the Burma Railway in WWII and his own experiences as a POW in Malaysia.
@ThailandChitChat 3 ай бұрын
Thanks for that.
@griffinzoo1 4 ай бұрын
Shocked by those prices. Get Thais to install it for a fraction of that. This guy is targeting rich farangs. I bet he's never fitted a system for a Thai. In fact you could buy a house cheaper than his solar systems.
@ThailandChitChat 4 ай бұрын
Keep in mind that this video is 2 years old. Kuninni is a reputable company, but I am sure if you look around you can always find cheaper. You may also want to buy direct from China or India and ask someone to install for you. There are always choices. Thanks for the comment.
@BillonBass 5 ай бұрын
We live in a new pool Villa we bought about 18 months ago. We paid around 4.3 million baht as we we decided to downsize from a larger villa we own here already. Our neighbors who decided to return to Vietnam and been in their house less than a year just sold it for over a million baht more than they paid for it and had multiple bidders and offers. Not a bad return. Our other bigger pool villa here we actually rent out and are constantly getting agents asking us to sell at a substantial premium to the 8 million baht we paid two years ago. Great place to park your money. Am married to a Thai American and we do have a legit Thai company that owns the land with a real business, employees and that pays taxes. Our neighbor who sold had a lease on the land as they aren’t Thai but it didn’t seem to impair the value at all.
@ThailandChitChat 4 ай бұрын
Looks like you are on a winner. There are mixed stories. Much depends what you have and the area you are in. Being married to a Thai, I would expect you would have the alternative place the property under your wife's name with an Usufruct as well. Thanks for the comment.
@craigewing3173 5 ай бұрын
Is "more busy" the same as "busier"?
@ThailandChitChat 5 ай бұрын
Yes.
@StevenSacto 5 ай бұрын
I think the global weather patterns affect everyone. Huge El Nino going on right now and areas throughout the world are experiencing changes in normal weather....
@ThailandChitChat 5 ай бұрын
Yes I agree.
@davidpeters6536 5 ай бұрын
Andrew, you are listening to the eco-warriors too much, I remember it raining during SK in the late 1980s.
@ThailandChitChat 5 ай бұрын
Maybe it was, can't remember that far back, but it was certainly something we were not taking much notice of then.
@sandgroper1980 5 ай бұрын
What happened to Andrew Francis ? Why isn't he on the show anymore ?
@ThailandChitChat 5 ай бұрын
Andy decided to stand back from the shows a year or so ago, but we are still in regular contact. He is still fit and well.
@roygoad2870 5 ай бұрын
Maybe it’s me but it’s the humidity that is lower at this time of year not the heat! Humidity starts to creep up around the end of March imo!
@ThailandChitChat 5 ай бұрын
@roygoad2870 Maybe you are right. Just heard there was heavy rain in Pattaya yesterday, and it was threatening to rain in Bangkok.
@w3s77 5 ай бұрын
Not confusing at all. More than 180 days in Thailand, all income is taxed in Thailand. All income, no exceptions. TIN not required to pay taxes. Ask Taylor Swift if she has TIN in every country she paid taxes in 2023. If faring don't want to pay taxes in Thailand, go back to your country.
@ThailandChitChat 2 ай бұрын
I think more will be clear when they start enforcing.
@pdub1976 6 ай бұрын
PM WB Jompon Kim Quatermain, you did a great job in communicating with your answers. And of course an even better job at not revealing. M w e m, a a p u t S. /G\ KT Colfax #378 Prairie #125 Porter #137
@JoeSmith-be3ur 6 ай бұрын
Thailand atty said.! If your country taxes you You will not be taxed twice by thailand There you have it
@ThailandChitChat 2 ай бұрын
Correct. You can offset what you have already paid.
@StreetSmartMillionaire 6 ай бұрын
This is just not about money that you bring into Thailand. It's for anyone that is a tax resident in Thailand meaning you spend more than 180 days in in the country. You will need to file tax returns in Thailand and show income earned worldwide. Yes if you already pay in one country that has a treaty you could get a credit but thats very tricky and can be denied. Plus dealing with the Thai government is horrible for anything. You should likely stay out of the country for half the year in 2024 just to make sure before you see where the chips fall.
@ThailandChitChat 2 ай бұрын
Many people are thinking the same.
@Magic7Dragon 7 ай бұрын
Is VA disability taxable in Thailand now?
@ThailandChitChat 2 ай бұрын
In principle, any income arriving in your Thai bank account, if you are a tax resident here.
@johnjanota7724 7 ай бұрын
heres where it can get tricky and may be going. thailand lets say has a tax treaty agreement and/or tax credit with a country. person A pays 28% tax rates and taxes to his or her home country. Thailand then creates a new tax rate at 45% for income earned overseas. 28% is a tax credit but more taxes are now due to Thailand...17% in this example. essentially getting their taxes from expats. Getting a stay visa can be done in such a way that expats are watched and need to then file a tax return in Thailand.
@w3s77 5 ай бұрын
100% true, but old dumb broke faring seem to want to live for free in Thailand. Tax treaties do not exclude taxes.
@ThailandChitChat 2 ай бұрын
Correct. But also Thais working abroad, or bringing money in.
@leejones3219 7 ай бұрын
So I receive military disability retirement that is not taxed in the US. I’m not paying tax on it in Thailand. This is why I keep a home in Florida.
@OneJame 7 ай бұрын
I'm in the same boat as you, 100% VA Disability as well as SSDI. So you're saying you don't expect to be taxed at all according to these new rules? Seeing is our income is untaxable in the US as an entitlement, does that status also protect us from paying taxes if we decide to spend more than 180 days in Thailand? I'm new to SE Asia, and this whole tax thing is kind of a headache already. At this rate I'm looking at just doing 180 days in Thailand, 90 days in Vietnam, then maybe 90 days back home/traveling elsewhere. At least until they get this stuff figured out.
@leejones3219 7 ай бұрын
@@OneJame It’s the Sea Lawyers causing unnecessary fears. I have SSDI as well as VA 100%. I do a yearly retirement visa and do not expect to be taxed on my US Retirement. Don’t worry, you won’t be. Always best to plan for the worst and hope for the best. Like I said, me and my Thai Wife have a house in Palm Beach just in case. For medical emergencies or acts of God.
@OneJame 7 ай бұрын
@@leejones3219 Thanks you for the info. My uncle also lives here off his military retirement, so I’ve got family here. I’m not old enough for the retirement visa yet, but have been lucky enough to meet a great lady I see a future with. Perhaps a marriage visa is in the future for me 😅
@bigradwolf5001 7 ай бұрын
I will retire elsewhere if they double tax on me despite there is DTA already. What is DTA for then? Philippines does not have this BS.
@pauldavinci9398 7 ай бұрын
Barry's really interesting. Interviewers Hmmm. Really wish they would shut up and let him speak.
@ThailandChitChat 7 ай бұрын
Thanks for the comment. Glad you enjoyed the interview. Much learnt since 2021 :)
@PATThaiA 7 ай бұрын
Liked
@Colin180-pc4dv 7 ай бұрын
The discussion briefly touched on the concern many retirees living on state pension have i.e. even if you are below the tax threshhold of 150k Baht they "may" be pushed to register for TIN. If the law morphs into requirement for tax certificate being part of retirement or marriage visa renewal then that for sure means tax accountant with whatever fee they decide upon.
@ThailandChitChat 7 ай бұрын
Thank you for your input. Time is running out so lets see the ramifications of the enforcement.
@timc1966 8 ай бұрын
You are not qualified to talk about this subject....
@ThailandChitChat 8 ай бұрын
Thank you for watching. You are correct. That is why it is called a ChitChat. We clearly state we are not qualified throughout the video.
@eddyswinney244 28 күн бұрын
@@ThailandChitChat Nobody knows anything yet,just loads of keyboard warriors upsetting the majority of older expats here.But it's the world we live in now,and this subject has been done to death,just wait,it's like everything else here in Thailand,don't listen until it's law
@brianmcintyre8563 8 ай бұрын
What are the tax rates,I can live on 400000 bht a year, thats not a taxable amount in my home country
@ThailandChitChat 8 ай бұрын
Income tax rates start at 150,000 Baht @ 5%. See more info from this link, www.rd.go.th/fileadmin/user_upload/AEC/AseanTax-Thailand.pdf However keep in mind, if you have paid tax in your home country and they have a double taxation agreement with Thailand, it is thought, you can offset that paid tax against the Thailand tax. With regard to the UK, I am told that pensions may not be covered - but much is still a grey area - as ever.
@huahinf 8 ай бұрын
Excellent chitchat! More of this type would be great!
@ThailandChitChat 8 ай бұрын
Thank you for that. More are in the pipeline.
@wefrazzini 8 ай бұрын
Ugh. Guessing games are exhausting. Taxes should be collected when the money is spent to simplify things. Nobody wants more complications. Waiting for a concrete answer as a retiree on pension causes concerns that we don't want.
@ThailandChitChat 8 ай бұрын
I suppose that is covered via VAT.
@bigradwolf5001 7 ай бұрын
Yup they already tax us on point of sales. It's imputed in the price.
@kaiman5307 8 ай бұрын
Most of us are retired, don't need anymore headache.
@ThailandChitChat 8 ай бұрын
Totally agree. I am guessing that there will be a rethink, to some degree. We just don't really know anything in concrete. As ever the devil is in the detail.
@kaiman5307 8 ай бұрын
@@ThailandChitChat we all bring the money here to spend it anyways .
@AdolfMitler-ch8ns 7 ай бұрын
Filing can't be that hard😂😂😂😂😂😂😂😂😂.... Even if you owe no TAX.
@jbranche8024 2 ай бұрын
Are you from US pdf page 23 Article 20, Thai/US tax treaty/agreement, US social security and pensions No Tax. Pensions possible if Thai Citizen, Not tax Resident
@kaiman5307 2 ай бұрын
@@jbranche8024 thank you
@andrewsloan1951 8 ай бұрын
I think there is an understanding as they are following international agreements. It is the implementation that is unclear. Also people need to do their own research as to how their double taxation agreement applies to them.
@thomaspick4123 6 ай бұрын
Do your own research. What a bologna sausage phrase. Who brainwashed you on such dribble?
@davidpeters6536 8 ай бұрын
It's the usual mess created by people with new found power and no knowledge or understanding of the subject. This happens here too often, the cannabis laws are a recent example. Of course we have "face" to consider when it is realized the proposal is detrimental to the Thai economy, so it's usually conveniently forgotten until a viable system is found or just dropped. Similar tax systems in other Asian countries must be studied before a final decision is made.
@erikjanse3994 8 ай бұрын
Thanks for the show, nicely done! Any idea when the ferry from Hua Hin to Pattaya will start operating again?
@ThailandChitChat 8 ай бұрын
Thank you for the compliment. I am sorry to say, this service stopped during Covid, and I cannot find any news as to whether it will start again. Lets hope that with the development of the Hua Hin and Pattaya airport, it will not be long to open that route.
@Ulbre 8 ай бұрын
I enjoyed this video but I never believe those ROI quotes. 3.5 to 5 years ROI on a 5Kw 1 phase residential system costing 150K is virtually mathematically impossible unless you use very little energy for the 14 odd hours that the system isn't producing......ie....no aircon overnight, everyone goes to bed at 7PM........yeah, nah, not realistic. I'm totally for solar and think it's still cheaper.....just wish the companies would give a "real" payback period. Great video regardless of my thoughts :)
@ThailandChitChat 8 ай бұрын
From what I see in the press there is a new system coming out which generates more power. The issue is the saving of the power and cost of the batteries. As to the ROI, I suppose that will be different for everyone, depending on use, like aircon during the day, use of washing machines etc. Also whether you can sell back your power in to the grid. The technology is changing so fast and competition increasing all the time, I expect the ROi will improve. Thanks for the comment.
@davidpeters6536 8 ай бұрын
Why do they call a beach that runs from Petchaburi to Chomphun the "Issan Project"? Taxing money from overseas is a mad idea, it will see a slump in investment and an end to many people's retirement here to say nothing of the affect on the precious tourism sector. I'll send you a list of countries with a reciprocal tax agreement later.
@ThailandChitChat 8 ай бұрын
Got the list. Thanks. Actually it is not unusual. Many countries do this, as part of an agreement with others. Similarly I am told that within another agreement, Thailand will be able to get info on your overseas account. So as signatories will be able to see accounts around the world. It all comes down to money laundering. What is annoying is that dual taxation agreement does not mean it covers everything, like savings and Pensions, so you could be taxed on this. The problem is that there are so many could bes. Also how can people pay tax in Jan if they do not have a tax number - so there is the system to resolve yet - but will they have the checks and balances in place, and what do they require when brining in money - how we file annual tax? Tourism will not be affected as the people are not staying here for 180 days or more, so are not liable for tax.
@mooping9398 9 ай бұрын
Good interview men. TY!!!
@ThailandChitChat 9 ай бұрын
Thanks for that. Much appreciated.
@mattb.9119 9 ай бұрын
Great chat guys. Good to know what events are coming. gonna miss the fireworks this year by the sound of it but hey ho. Back to the dark side in Pattaya on 29 November Have a great weekend guys. thanks. ( mattb)
@ThailandChitChat 9 ай бұрын
Thanks Matt. The Terminal 21 eatery event looks interesting this weekend. All the best.
@chretiencustombassguitars6586 9 ай бұрын
Have you ever seen the so called teachers he hires and sends to schools to apparently teach Thai kids.. wow.. atrocious... I have the receipts....
@Democracy25 10 ай бұрын
Just saw you on Vlogging a Dead Horse. I really appreciate now knowing your fascinating history. Keep up the good work. Stay healthy!
@Sean-vv9kk Жыл бұрын
😂 Promo SM
@ashleyjustice8288 Жыл бұрын
😂 "Promosm"
@leestephenfitzpatrick6373 Жыл бұрын
The high-speed railway to Hua Hin can also serve Cha Am, we'd just catch a slow train back to Cha Am, make it easy for those who don't drive.
@ThailandChitChat Жыл бұрын
Thank you for that information.
@davidpeters6536 Жыл бұрын
Where did all the workers go?
@ThailandChitChat Жыл бұрын
Many left to go home and found new jobs elsewhere, and new careers. They did not have any choice. There is a huge amount of job hopping at the moment.
@beautyofthailand7393 Жыл бұрын
I had regular power outages in a modern condo in bkk. Now I have a 600W power station and 150W panel. Enough to run some fans and my computer
@beautyofthailand7393 Жыл бұрын
I have since bought two solar lights with small panels - now I look for energy consumption before buy any electronics
@ThailandChitChat Жыл бұрын
1st time Ive heard of someone setting up solar in their apartment. Good for you.
@TwinJalanugraha Жыл бұрын
can you tell me something about your portable power ?
@ThailandChitChat Жыл бұрын
@@TwinJalanugraha please contact Kunini directly. thanks
@thailand-theroadslesstrave6580 Жыл бұрын
Great show Andrew thanks for sharing
@ThailandChitChat Жыл бұрын
Thanks for the note of appreciation. It is appreciated.