by Poonsak Boonloy Confetti? Leftovers from a paper cannon
The Thai Cabinet has approved a tax refund for people who need to repair damage to their home or car following tropical storm Pabuk hitting the southern Gulf coastline a week ago. Pinsai Surasawadi, principal adviser on strategic tax administration for Finance and Banking, who is also a spokesman for the Revenue Department, said that home repairs costing less than 100,000 baht will be allowed a tax refund and repairs to cars will get a refund for a work not more than 30,000 baht. Repairs will have to be done before March 31, 2019, and people can apply to get the tax refund for the year 2019, which will apply before March 31, 2020, he said
PHOTO: Yonhap South Korea’s jobless rate rose slightly in December from a year earlier, government data showed Wednesday, as the finance minister vowed to create 150,000 jobs this year. The unemployment rate stood at 3.4 percent last month, up 0.1 percentage point from a year earlier, according to the data compiled by Statistics Korea. The number of employed people reached 26.63 million in December, an increase of 34,000 from the same month in 2017, according to the latest findings
Chiang Mai City Life is reporting that tobacco farmers have filed a petition after the Thai Tobacco Authority announced it will cease all purchasing for three years. On June 28 over 300 tobacco farmers and entrepreneurs rallied at the Chiang Mai City Hall to file a petition to the Ministry of Finance regarding an announcement by the Government that the Tobacco Authority of Thailand will not purchase any tobacco from farmers for the next three years
Do you shop online? Plenty do, and increasingly retail is heading offshore and the main winners are Thai Post. A legal loophole, allowing foreign e-commerce companies to avoid paying Thai VAT, may soon be plugged with new legislation
PHUKET: Ministry of Finance General Inspector Prasit Suebchana met Phuket Vice Governor Somkiet Sangkhaosutthirak today to reaffirm that his ministry will fight for Phukets convention center to go ahead. The international convention and exhibition center (ICEC) project stalled early this month when the Ministry of Natural Resources and Environment (MNRE) announced that the project’s plan had … Full story
PHUKET: First-time car buyers should wait until rules regarding the much-publicized tax rebate are clarified before signing off on purchases, Phukets Excise Office has advised. Thanongsak Booncluab, Acting Director of the Phuket Excise Office, told the Phuket Gazette yesterday that a senior specialist will be arriving on Phuket on Monday to explain the populist program.