Deleted
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Post by Deleted on Sept 3, 2016 23:34:45 GMT 7
This really js a thread fir Soutie, always one of his favourite topics. I know a few "nomads" so as to speak, bug they are operating at a much higher level than a lot of the TV "Digital Pikeys" who are living in 5k a month studios, on muckwallet ed visas and feasting on mama nooden Yes there are some that are cracking on - I know an author that's done very well, and a blogger that has one of the highest rated websites of it's type in the world. The author hasn't gone below five figures per month for the last year, and has had a couple of serious boom months - annual wage in one month type income. Good on them - but the three people I have mentioned all share one thing in common - they don't take root in Thailand. It's a place, a base, somewhere to visit or to stay for a few months. If they stay longer term they make a point of getting out. Nepal,Singapore, Bali, London to name but a few. I noticed a sanctimonious prick having a go at the young guy I mentioned earlier. The usual sour drivel about how to live his life. While he posted that, the young guy was at Base Camp on Mount Everest, earning more at twenty-two than this old wank had earned in his life. Hilarious. |
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Post by Deleted on Sept 3, 2016 23:36:41 GMT 7
The last I heard he was moving Thaiguyinglasgow into my place. I think he's trying to build a wee Thai community around him. He should get my ex to come over and cook for him, she's good at that. And she's excellent at going native when she goes back to Thailand. What a shock she got when I booted her out. She ended up sitting skint at Dubai airport, begging her ex husband to bail her out. I'm pleased I have an inner bastid.  I'm hiding in Dennistoun waiting for SC to show up....I heard he was on a cycling tour....its OK SC the pub is open and I got time to wait. What's the name of that excellent Indian we went to blether....I might take thaiguyinglasgow there for a scoff....I know how much Thais love Indian food....and that is my inner bastid comin out too.  Indian Village - next to the Lord Nelson pub in Tradeston. I think I've been there with him already but he'll go back in a heartbeat. |
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smokie36
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Post by smokie36 on Sept 3, 2016 23:38:41 GMT 7
I'm hiding in Dennistoun waiting for SC to show up....I heard he was on a cycling tour....its OK SC the pub is open and I got time to wait. What's the name of that excellent Indian we went to blether....I might take thaiguyinglasgow there for a scoff....I know how much Thais love Indian food....and that is my inner bastid comin out too. Indian Village - next to the Lord Nelson pub in Tradeston. I think I've been there with him already but he'll go back in a heartbeat. ??? Are you sure he's not Romanian?  |
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AyG
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Post by AyG on Sept 4, 2016 7:10:40 GMT 7
Tax dodgers the lot of them, they contribute NOTHING. The same could be said of all the pensioners here, not paying any tax on their income. Ditto the offshore workers. |
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siampolee
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Post by siampolee on Sept 4, 2016 8:09:52 GMT 7
Do please remember that in many cases there are double taxation agreements in place which negates the paying of tax say here in Thailand as the monies taxable have already been taxed in the income recipients country. So how much tax did you pay in the last year? I paid some 88,000, baht in income tax to the Thai taxation office, and in fact a lot more again via indirect taxation too. There are only two things one cannot escape no matter where one may live. Death and taxes!!!! No doubt with your banking background and financial expertise you have arranged your affairs so as to minimize or even negate any U.K tax deductions.,Thus that free's you and any other individuals from any tax liability in Thailand unless of course any taxable income is derived from Thailand, then you become liable for taxes as do any other individuals whose income is derived from a locally based source. Might be an idea to ask old MacWallet how much tax he has paid over the years and is MacWallet now even earning enough to pay tax here in Thailand?  |
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Post by Soutpeel on Sept 4, 2016 10:12:27 GMT 7
Think this link is someone's wet dream, I have no problem with a pikey visa per se, but as I have argued many times on the dark side on this exact topic, there has to be some control checks and balances in place as to what the pikeys are getting up to and "legalization" of their activates...and my proposal was, and always will be the following, per Uncle Souties manifesto for labor reform in Thailand, which would result in a 1 year extension of stay and a WP
1. Said pikeys need to register a Thb 1.0 million Limited Company - no different to what the self employed do in the UK
2. No requirement for 4 Thai employees
3. Said pikeys have full and private medical insurance
4. Said pikeys need to provide full disclosure of their business activates per the company registration process
5. As most pikeys claim they are not doing business in Thailand, a 22% withholding tax is applicable / provisional personal tax at 35% which will be adjusted against earnings at year end
6. Full book keeping and annual auditing required to maintain the "visa/WP"
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Post by Soutpeel on Sept 4, 2016 10:17:47 GMT 7
Tax dodgers the lot of them, they contribute NOTHING. The same could be said of all the pensioners here, not paying any tax on their income. Ditto the offshore workers. let me correct you on a few points:
1. Most pensioners are taxed at source and under reciprocal tax agreements they wouldn't be taxed in Thailand anyway. 2. With very few exceptions these days, offshore worker are taxed, again usually at source in the country they are working offshore in, the only exceptions are a few countries in the sand box which is the middle east.
I work offshore and I am taxed at 33%, although to be technically correct the company is taxed at 33%, as part of my original contract I have clause which states "all local taxes to be borne by the company" which they do....but suffice to say you are very wrong to suggest O&G don't get taxed..yes they and they also fall under reciprocal tax agreements as well, for those working offshore in countries other than Thailand.
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rubl
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Post by rubl on Sept 4, 2016 10:43:34 GMT 7
SP wrote: So how much tax did you pay in the last year?
I paid some 88,000, baht in income tax to the Thai taxation office, and in fact a lot more again via indirect taxation too.
There are only two things one cannot escape no matter where one may live. Death and taxes!!!!Living and working in Thailand I'm afraid a pay a bit more than that old chap. Next time we meet I expect cap in hand, head slightly bowed and correct attitude  |
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siampolee
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Post by siampolee on Sept 4, 2016 11:47:39 GMT 7
Uncle Rubl . Under the double taxation agreement some half a million baht is exempt from taxation and the yearly ''gifts'' I receive under the family trust set up in the U K are also tax free due to diligent trustees and their fine work. If it was not for that scenario I would be paying around 88.000 baht X 5 at least in taxes.  |
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siampolee
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Post by siampolee on Sept 4, 2016 11:56:44 GMT 7
Never mind uncle rubl and Soutpeel. The next time we are out and about the countryside taking the air in our carriage and we are approached by one of those digital nomad types,the least we can do is to offer a baht or two to those unfortunate souls!!  |
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rubl
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Post by rubl on Sept 4, 2016 12:36:40 GMT 7
Uncle Rubl . Under the double taxation agreement some half a million baht is exempt from taxation and the yearly ''gifts'' I receive under the family trust set up in the U K are also tax free due to diligent trustees and their fine work. If it was not for that scenario I would be paying around 88.000 baht X 5 at least in taxes. Trustees can well be worth their money. May I assume the agreement on double taxation is between Britain and Thailand rather than under cover of the E.U. Wouldn't like some to have a go at that now would we? |
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siampolee
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Post by siampolee on Sept 4, 2016 13:03:27 GMT 7
Agreement twixt the U K and Thailand, none of your foreign johnnies involved with their Euro comic cutz notes and metal counters either. Proper money, Pounds sterling, it may be a bit wobbly at the moment but it's getting better by the day. Soon going to throw the financial zimmer frame away.  |
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siampolee
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Post by siampolee on Sept 4, 2016 13:10:14 GMT 7
AyG .
Your post was deleted due to the comments made and the language used which under Thai law could render you and this site.. its admin and owner liable to a charge of L.M as the law concerned covers all monarchies world wide. Not my idea of a fun holiday if found guilty I assure you
Such comments should be made perhaps by P M or not at all in the public domain while resident in Thailand.
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pathumseb
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Post by pathumseb on Sept 4, 2016 13:25:34 GMT 7
I put them in the same league as backpacker teachers
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siampolee
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Post by siampolee on Sept 4, 2016 13:31:43 GMT 7
Seriously Seb, I think you flatter them with the use of the word ''teachers.'' But I get your point.  |
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