tax on property

[Harveyboy 236]

hello looking for a little help here ..i live in the north of Thailand but have a condo on Pattaya that me and the family visit each month i bought it off plan 8 years ago in company name as i was advised by my agent (mistske)  any way thus week i was in Pattaya and found mail there from the condo office saying now must pay a government tax this month..bit short notice does anyone know anything about this how it works and how much it costs.. a great way for the Thais to promote sales of an already dead horse No one is buying No one will if this is the new law Tax Tax  great way to boost sales tks for any info 

[thaitero 527]

Read this for Pattaya

 

[smutcakes 8,228]

Its been in the news for years. If its your only address which i presume it is, the amount payable is absolutely negligible. If the assessed value of the condo is less than 10 MB you are exempt, between 10MB-50MB its 0.02% of assessed value etc

I aint great at maths but if your condo was worth 11 million you would pay something like 0.02% on 1 million baht which is probably about 200 THB.

[MRToMRT 1,775]

We were all supposed to resister ownership at the the local Khet office in January if I remember correctly and then the tax payment was delayed for 6 months for some reason I cannot remember. They will have to let ne back in the country to get my 200 baht :+)

 

[Matthew2027 122]

I have recently PAID this Tax on condo's in Jomtien. 48 sqm condo, the tax this year is 90% discounted. The Tax payable per condo was 36thb YES 36thb..... My house in Huay Yai on 653sqm, Tax was 37thb !!! This Tax NEEDS to be paid, Now you will incur a Late Payment Fine, as end of last month was the Due Date. IF / WHEN you sell you property, you need to show there are NO OUTSTANDING DEBTS on the property, so it is wise to pay this Tax and keep the slate clean. Condo's are worth about 2 - 2.5 million each. Friend with 143sqm Condo paid 70 something thb. Some people received Letters, I did not, however, Pattaya City Halll have all the records. Take  Passport, Chanoote and Blue Book.

Edited October 19, 2020 by Matthew2027

[jojothai 522]

16 hours ago, MRToMRT said:

We were all supposed to resister ownership at the the local Khet office in January if I remember correctly and then the tax payment was delayed for 6 months for some reason I cannot remember. They will have to let ne back in the country to get my 200 baht :+)

 

Yes, it was delayed, and letters went out late, many last month.

If you dont pay by due date now to get the discount, its going to be 10 times the current price, and any fines for non payment. If its your only residence in thailand and worth less than 10 million, then you dont need to pay the tax. Many people had to go to the town hall to get this confirmed.

The letter may have attached a declaration that it is your main residence and that you need to sign and return. Thats what i got in bangkok.

On TV some other people who cannot get back here have arranged for somebody else to deal with it.

If there is the letter / demand at the condo, you could try speaking to the condo to look at the letter and see if they can help. Many will not, but may be worth a try

[jojothai 522]

As matthew2027 says, there was a 90% discount if you paid by the due date, which may have been end of september.

If you received the demand, it is paid at city hall.

I hear that some demand notices said that you could pay at a bank.

But i do not know for sure

 Check the notice.

[scubascuba3 10,903]

If you go to Pattaya City Hall they will most likely charge you plus waste a few hours of your life, if you phone them then likely no charge like me. 

 

It's disorganised and unclear like this thread with conflicting info

[murraynz 943]

19 hours ago, smutcakes said:

Its been in the news for years. If its your only address which i presume it is, the amount payable is absolutely negligible. If the assessed value of the condo is less than 10 MB you are exempt, between 10MB-50MB its 0.02% of assessed value etc

I aint great at maths but if your condo was worth 11 million you would pay something like 0.02% on 1 million baht which is probably about 200 THB.

Yes, it has been talked about for years..

I was getting a little worried..

Then ...i saw the invoice...

Omg...i have to pay 66bahts..

Thats not worth spending 10 seconds to think about..

Pre covid..my condo was worth 5mill thb+

[Harveyboy 236]

19 hours ago, MRToMRT said:

We were all supposed to resister ownership at the the local Khet office in January if I remember correctly and then the tax payment was delayed for 6 months for some reason I cannot remember. They will have to let ne back in the country to get my 200 baht :+)

 

thanks mate ..ive just contacted the administration office at the condo they said they will do it for a Fee of course . I'm in the north and cant get back to Pattaya before the date they say it has to be paid  i bought this in company name seemed good idea at the time regrets now ..dies this effect the taxable value ..just a question here perhaps you can help ..i don't rent it out i dont actually run a company i don't work here ..but i submit accounts each year thru an accountant Paying again ..is it advisable to do this or just not declare as i don't get a baht   from it  tks again 

[jomtienisgood 478]

1 hour ago, murraynz said:

Yes, it has been talked about for years..

I was getting a little worried..

Then ...i saw the invoice...

Omg...i have to pay 66bahts..

Thats not worth spending 10 seconds to think about..

Pre covid..my condo was worth 5mill thb+

And Post-Covid??????? LOL

[Oldie 4,104]

2 hours ago, scubascuba3 said:

If you go to Pattaya City Hall they will most likely charge you plus waste a few hours of your life, if you phone them then likely no charge like me. 

 

It's disorganised and unclear like this thread with conflicting info

This thread has a lot of wrong info. The people should read the one that is linked in post #2. If I remember correctly you have no Yellow Book but only the Blue Book. I repeat what I have written in the other thread - Pattaya City Hall told me that without Yellow Book you need to pay taxes. I asked 2 different people. And I had to pay since I have only the Blue Book. Discounted payment can be made until the end of October. 

[jomtienisgood 478]

5 minutes ago, Oldie said:

This thread has a lot of wrong info. The people should read the one that is linked in post #2. If I remember correctly you have no Yellow Book but only the Blue Book. I repeat what I have written in the other thread - Pattaya City Hall told me that without Yellow Book you need to pay taxes. I asked 2 different people. And I had to pay since I have only the Blue Book. Discounted payment can be made until the end of October. 

Question??? You have a Blue Book with your name in it? In that case you are PR... 

[Oldie 4,104]

5 minutes ago, jomtienisgood said:

Question??? You have a Blue Book with your name in it? In that case you are PR... 

In my Blue Book is not my name. What is a PR...? 

 

Edited October 20, 2020 by Oldie

[scubascuba3 10,903]

28 minutes ago, Oldie said:

This thread has a lot of wrong info. The people should read the one that is linked in post #2. If I remember correctly you have no Yellow Book but only the Blue Book. I repeat what I have written in the other thread - Pattaya City Hall told me that without Yellow Book you need to pay taxes. I asked 2 different people. And I had to pay since I have only the Blue Book. Discounted payment can be made until the end of October. 

Other people say under 10m baht is exempt or if only property exempt, I didn't need to pay this year with a blue book, better to phone them