You're way too early for 2025 Thailand tax planning.
Nobody including TRD has a clue about what's really gonna happen tax-wise in 2025... probably nothing much as usual.
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Thailand new change - world wide income at Thai tax levels to be taxed
- Thread starter wellington
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Nobody including TRD has a clue about what's really gonna happen tax-wise in 2025... probably nothing much as usual.
Yes but if able to maximize 2024 allowance due to not being here >180 days, could use loopholes to have enough income to cover 2025-2028 in savings from 2024 earnings.
2023 FY I do not have any savings really, all 2024.
You can remit all the money you need to cover decades of living costs tax-free in any year you are not tax resident in Thailand.
The problem I see is if for example someone works remotely and have some income. If they change the remit to world wide income..
yes that could pose an issue indeed.
But its not there yet. A lot can happen always between now and an eventual then (internal coups, war etc are also distinct possibilities making a longer planning somewhat difficult).
Best thing you can do is planning in being flexible with your location, so you can split times with other places.
Coup failed last week.
Won’t go into details - but basically the shuffling that happened at the palace was sweeping a pre-coup away
He who can’t be named likes life in Europe and a coup would impact that
We’re stuck with the Americanization of Thailand for now (all that fiscal surveillance, reporting and taxing)
sure yes, but that wont rule out any future coups or whatnot and generally things move slowish...
Further Europe can have some serious issues anytime as well impacting life.
The person who would have been the Gen that entered as PM after a coup was just fired and put in the polticial dungeon.
I am familiar.
There will be no coup for the foreseeable future, at the the same time you will see legislation introduced to remove the power of the military.
The reason coups occurred over and over again was because the military had too much power and could go against the state (saviour of the state) in the future if such occurs it will be considered civil war as the Gov are removing the privileges / rights and legal statutes that allow the Military to step in and take control under the guise of 'saviour of the state'.
The two powers in Thailand will be forced to be subservient to the political power structure, a deviation from that will be considered treason, it wasn't previously/currently if popular demand is behind it (hence yellow/red shirts 2014, military steps into keep the peace whilst being empowered by the yellow shirts).
Prior system each ideology pushing for power, when that fails leaning on the military for stability, peace.
Note the Military is seperate.
New System - note the Military are in the coalition, also note the military have been removed as a separate entity subservient to above, to subservient to the PM.
The system the military left the Government with is one that basically compares to EU in the context it forces them together and sure they argue, but it brings stability, at the same time the Military now are no longer forced to intervene, that doesn't stop the Military trying to force themselves in to power but they can only do that with upstairs approval, the upstairs approval is not there as that means the upstairs can't live life in Germany.
Hence the coup idea gets slammed in the dungeon very early on, and those in the military that retired and moved into the politics (senate) don't want to see their wealth lost or have issues so are pro working with the PM, and the HRH to root out pre-coups.
Basically this system might actually work... appears to be doing so, as its curtailing pre-coups, its also forcing compromises politically.
I am familiar.
There will be no coup for the foreseeable future, at the the same time you will see legislation introduced to remove the power of the military.
The reason coups occurred over and over again was because the military had too much power and could go against the state (saviour of the state) in the future if such occurs it will be considered civil war as the Gov are removing the privileges / rights and legal statutes that allow the Military to step in and take control under the guise of 'saviour of the state'.
The two powers in Thailand will be forced to be subservient to the political power structure, a deviation from that will be considered treason, it wasn't previously/currently if popular demand is behind it (hence yellow/red shirts 2014, military steps into keep the peace whilst being empowered by the yellow shirts).
Prior system each ideology pushing for power, when that fails leaning on the military for stability, peace.
Note the Military is seperate.
New System - note the Military are in the coalition, also note the military have been removed as a separate entity subservient to above, to subservient to the PM.
The system the military left the Government with is one that basically compares to EU in the context it forces them together and sure they argue, but it brings stability, at the same time the Military now are no longer forced to intervene, that doesn't stop the Military trying to force themselves in to power but they can only do that with upstairs approval, the upstairs approval is not there as that means the upstairs can't live life in Germany.
Hence the coup idea gets slammed in the dungeon very early on, and those in the military that retired and moved into the politics (senate) don't want to see their wealth lost or have issues so are pro working with the PM, and the HRH to root out pre-coups.
Basically this system might actually work... appears to be doing so, as its curtailing pre-coups, its also forcing compromises politically.
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sounds interesting.
I kinda dont understand it enough tho due to my limited knowledge of Thai society.
Generally no one will willingly relinquish power. So why it will go down here? I see the military degraded in power in the second picture.
Personally im not a fan of such wild changes as they rarely ever bring anything good. Imo such deep changes can only be achieved on a long lasting basis, once rock bottom has been hit (Georgia, El Salvador etc.).
As this page is public I am going to be rather careful in my responses
The best way to look at it - Thailand has transitioned into a modern political society - whether that is interpreted good or bad is down to the individual
If you want what was Thailand then Cambodia and Laos still have similar set ups but Thailand is transitioning to a western style democracy
Just means lots of political infighting and removals of PMs till they get one they can all compromise on but the military now have no power as they can’t take power for two reasons
1) Head of State doesn’t want a military government because it causes personal issues
2) people can’t be used as a reason because the political system itself is made up of military, and both ideologies
So infighting in parliament yes but not on the streets
* I preferred the military Goverment initially as s**t got done and there was stability the new set up will give too much stability on the streets but instability in Gov as they are forced to debate and compromise
Another way to look at Thailand is game of thrones but from a lords perspective opposed to Head of state perspective
The best way to look at it - Thailand has transitioned into a modern political society - whether that is interpreted good or bad is down to the individual
If you want what was Thailand then Cambodia and Laos still have similar set ups but Thailand is transitioning to a western style democracy
Just means lots of political infighting and removals of PMs till they get one they can all compromise on but the military now have no power as they can’t take power for two reasons
1) Head of State doesn’t want a military government because it causes personal issues
2) people can’t be used as a reason because the political system itself is made up of military, and both ideologies
So infighting in parliament yes but not on the streets
* I preferred the military Goverment initially as s**t got done and there was stability the new set up will give too much stability on the streets but instability in Gov as they are forced to debate and compromise
Another way to look at Thailand is game of thrones but from a lords perspective opposed to Head of state perspective
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