Showing 291 - 298 of 298
Spectrum, Phil Thornton, Published on 12/02/2012
» Professor Des Ball pushes plates of what is left of a roast duck and barbeque prawn dinner to the side as he spreads a large map across the dinner table and stabs his finger at a point where northern Thailand meets Myanmar.
Spectrum, Published on 18/03/2012
» Phuket in recent years has become known as the playground of the West's rich and famous, attracting pop stars, celebrities, supermodels and run-of-the-mill millionaires. Some of these visitors spend time checking out property in the area, which spawned a healthy market for villas costing 30 million baht or more.
Spectrum, Published on 04/03/2012
» Last time, we discussed the concept that some taxes are withheld at source. The idea is that the person who pays for the goods, service or property withholds and pays some of the price to the government on behalf of the provider.
Spectrum, Published on 19/02/2012
» Last week, we calculated the tax for a fictional taxpayer. But that's not the end of the story. There may be ways to reduce the amount of tax due even after the basic amount is calculated, by subtracting items after the total amount of tax due is calculated. Items subtracted are called credits because the taxpayer is being credited because he or she has already paid them.
Spectrum, Andrew Wood, Published on 01/04/2012
» Last week, we addressed trusts and how they can be useful to many expats. They preclude unwanted prying eyes and predators from viewing and attacking our assets during our lifetimes and after we pass and ensure that we have provided a future for loved ones.
Spectrum, Published on 29/01/2012
» Last week we used an example to determine how assessable income is calculated. Now we'll use the same example to show the items that are subtracted from the assessable income to arrive at taxable income, the amount to which the progressive rates are applied. These items subtracted from assessable income fall into two categories, deductions and exemptions, which are also called allowances. This week we'll illustrate how to arrive at deductions using the same example.
Spectrum, Published on 08/01/2012
» Last column, we began a discussion of deductions. You'll recall that we established earlier that your assessable income in Thailand is what you earn that's exposed to Thai tax. Deductions and exemptions are subtracted from that. What remains is your tax
Spectrum, Andrew Wood, Published on 15/01/2012
» Wherever there is abuse of a system or facility it is always the minority of irresponsible people who spoil the benefits for the majority.