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w11guy

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Posts posted by w11guy

  1. Seems like a rip off to me. Around 500 baht per person for 20 mins. I think you get a few vodkas thrown in. Sounds like crazy pricing to me. So that's around $50/hour per person. Not exactly what you'd call value for money. Take your gf and that's $100 per hour. LOL.

    Why would you want to spend an hour in there??? they sell it as 20 minutes for a reason I would think....500baht for a few vodkas isn't too bad for a gimmick type place, you could go cheaper and sit in the fridge at 7/11 whilst having a booze I suppose if price is a worry for you?

    The price doesn't worry me at all. I just don't think it's very good value for money. If people are happy to pay 500 baht for a couple of vodkas just as a gimmick, then that's fine with me. Just seems a bit excessive to me. I wasn't saying you should spend an hour in there. I was just giving an hourly rate as it's an easy way to compare the prices to other forms of entertainment.

    I've no need to sit in 7/11. I moved to Thailand for the sun and warm weather, so not sure why I'd want pay to be cold.

    But if gimmicks are your thing, go for it.

  2. Seems like a rip off to me. Around 500 baht per person for 20 mins. I think you get a few vodkas thrown in. Sounds like crazy pricing to me. So that's around $50/hour per person. Not exactly what you'd call value for money. Take your gf and that's $100 per hour. LOL.

  3. Remember when people in the UK used to ride motorbikes without helmets and drive cars without wearing seat belts? Not so long ago. Many people don't want to take safety precautions and that is their choice.

    For those saying that Thai people think life is cheap, just take a look at the majority of Americans - grossly overweight and don't give a s**t about their health. Most die of heart disease or cancer. But they don't care because they think life is cheap. Heading the same way in UK. Take a look at your own countries and your own personal standards before criticizing others.No point wearing a safety harness and then eating yourself to death.

  4. I used to booked my flights and hotels separately with expedia and was able to cancel the hotels with 24 hours notice. I then booked a hotel and flight together and needed to cancel. I was told I wasn't allowed to because booking them together meant I had booked a package holiday and they were non-refundable. So be careful about booking both together, unless you are absolutely sure you will come on those exact dates and stay at that hotel.

    if you're coming for 30 days why not book the hotel for a few days and then take a look around and book a new hotel or the same hotel directly. You can often get big discounts if you walk in with cash. It's easier to decide on a hotel once you've seen a few for yourself and seen what's nearby and what suits you.

  5. <snip>

    I am interested to buy but .........! OK, I could get the present owner to contractually indemnify me against any claim for tax liable during her term of ownership, but I doubt that would offer me much real protection. I am thinking of contacting the Tax Authority myself, but that could open a whole new can of worms for the owner. I don't really want to form a Ltd. Co either.

    Why would you be liable for any tax prior to your ownership. As far as the tax man is concerned, the business didn't exist. You are starting up a brand new business.

    He's not starting a brand new business. He's taking over an existing one. Changing the legal structure doesn't wipe out any tax liabilities. If that was the case you could just close a successful business a day before tax was due and start again with another company and avoid the tax. You are very naive if you think it's that easy to avoid tax.

    In this case it depends if there are any actual liabilities. If he current owner should have paid tax but didn't I'd avoid it at all costs.

    An another thing. If the business was hidden from the authorities in order to pay tax, the tax authorities would just sit back and say 'oh, not need to pay taxes because you didn't exist'. That's called fraud and is a very serious offence. I'm not saying that's the case here, but I wouldn't want to be anywhere near a company that had been avoiding tax and acting fraudulently.

  6. I don't know specifically about Thai tax laws, but I think in the UK (and it could be similar here) you could be liable for back taxes even if you started a new limited company. The tax authorities would probably argue that you have taken over an existing business and that business owes taxes. I think you are on dodgy ground if taxes should have been paid but weren't. If I bought Tesco (UK) or Walmart (US) and set them up as a new limited company, then the new company would still be liable for any taxes that the old companies owned. If you buy a company you're buying everything, including liabilities.

    But as someone else suggested, why don't you just buy the assets and start afresh. If you keep the same name, same staff, etc, it's still the same company whatever legal set-up you come up with. You can't just transfer company A to company B and leave the tax liabilities behind.

    You need to take legal advice of there are large tax liabilities. And make sure the money you think you'll make will cover those liabilities just in case you are forced to pay them.

  7. Inflation is different for everyone, so some people may see prices rising but others may not, depending on what sort of thing they usually buy. Some things just be going up in price, but personally I haven't noticed any price rises. There may be the odd thing that's a little more expensive sometimes, but I don't spend any more than i did this time last year. What do people perceive to be going up in price? and what things are going down in price?

    Just one example - the laptop I just bought is better spec but much cheaper than the one I bought three years ago. That saving more than makes up for minor increases in some other things.

    Also, rental prices on condos don't seem to be any higher than a year or two ago. I'm actually paying less for a better place. Could just be be that i made more of an effort to find somewhere, but prices don't seem to be increasing in the condo market.

  8. People who have lots of money (in all countries) don't just live off the income of ordinary jobs. They own investments, run businesses, have inherited money, won the lottery or whatever. There is more to wealth than average wage. Many people might have an average wage but a very large number assets. I always see people asking how someone on an average wage of 25k can afford an average house of 150k. The answer is that they have built up assets over their life. The average deposit put down on a property in the UK is 40-50%. Most people to take these things into account. And this is what you're doing. Maybe someone earning 30k baht got given a house and car by their rich parents. Best way to find out is to ask them. I find that most people are happy to share this info. The richer people I know here mostly run very successful business.

  9. ^ Not everyone is that computer Savy ! Even hardened IT professionals sometimes get fooled by these spammers but they will never admit it.

    LOL. It is always obvious when it's spam. If you didn't order anything from Amazon then they wouldn't send you cancellation emails. It really is that simple.

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