Question 1

Could I reduce my tax liability by sending my pension money from my bank in Austria to Thailand in separate transfers, such as 900,000 THB to my account and 300,000 THB to my wife's account, and filing separate tax returns?

Chas Begley · Accepted Answer

If the source of the funds is your personal pension, then by remitting the funds to your wifes Thai account, it doesn’t cause a tax implication for your wife, but still for you who remitted the funds.

Your tax return would need to include both the transfers to your Thai account and to your wife's Thai account. You cannot simply pass the 300k on to your wife's personal income tax.

Question 2

My wife and I are over 65 what is our tax allowance, I read I get a THB190k exemption is that on top of my allowance?

Chas Begley · Accepted Answer

The 190k is on top of the 60k personal allowance.

The spouse allowance is if they are not working and you want to file jointly.

So if you and your wife are over 65

190k
60k
60k

THB310k of assessable income can be remitted before the tax brackets.

Plus any other deductions or allowances (like Thai medical insurance)

Then the first 150k is tax exempt. So you can in effect bring in 460k THB of foreign sourced income or assessable income and not pay tax.

You do have to file if the income is greater than 220k jointly.

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