Hey. I'm undecided who addresses this. I am just one dude from USA on Pension. What about an interpreter in Bangkok? Exactly how much for like an entire day, 8 hrs?
Deduction of remuneration is not allowed In the event the corporations income are taxed beneath the presumptive taxation area 44AD or 44ADA.
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Presumptive taxation under Sec 44ADA simplifies tax calculation for modest experts. Area 44ADA outlines procedures and Gains, with limitations revised in Budget 2023.
To me, Thailand may be the worst region on the planet. A Mecca for all hipsters globally. For those who enjoy things such as prostitution, exact-gender relationships, and outrageous festivals like Songkran, wherever random men and women within the streets make an effort to smear some undesirable stuff (I do not know very well what it is) in your deal with, then this region is certainly for you personally.
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Presumptive taxation plan relieves tiny taxpayers from maintaining frequent publications of account and acquire them audited. Threshold limits below 44AD and 44ADA increased in Price range 2023.
Oh,I noticed expats in close proximity to Sukhumwit (typically Japanese) their business shell out for his or her tuition cost for the kids. Don’t ignore to talk to about that. I suppose you're from India, eating vegetarian foods is really an selection for cut down avg.
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Will I be authorized any deduction for any expenditure incurred for investments and coverage high quality underneath Segment 80C and 80D, if I choose presumptive taxation?
6% of whole turnover or gross receipts of the tax yr obtained by account payee cheque/bank draft, ECS through bank account on or just before due day of submitting the return of income