Special 7% tax for online businesses kicks off tomorrow

[Mickeymaus]

Is today the last day for online shopping without VAT? 

 

"A special electronic service (e-service) tax will be collected from online platforms from Wednesday (September 1) onwards."

 

https://www.nationthailand.com/in-focus/40005514

[Airalee]

I wonder if that includes food/grocery delivery services such as foodpanda and happyfresh under the “middleman” category.

[CharlieH]

The key part which will exclude many smaller businesses.

 

"businesses that earn more than 1.8 million baht in online sales annually  "

[tonray]

9 minutes ago, CharlieH said:

The key part which will exclude many smaller businesses.

 

"businesses that earn more than 1.8 million baht in online sales annually  "

They should change that to "businesses that report more than 1.8 million baht"

[ezzra]

And as in Thailand, there will no doubt be a lot of "creative accounting" on the agenda as we speak...

[Liverpool Lou]

Yes it is, the linked article couldn't have made it much clearer but it's a tax on those businesses, whether it will affect online prices remains to be seen.   

[MrJ2U]

20 hours ago, CharlieH said:

The key part which will exclude many smaller businesses.

 

"businesses that earn more than 1.8 million baht in online sales annually  "

I'm trying to think of a small business I've ever purchased anything.

 

I'm thinking small online business selling cheap Chinese made trinkets.

 

If I buy something online I'm usually using Lazada, Shoppee, Ali Express.

 

Small sellers usually sell through them.  I don't believe there exempt.  

 

Hopefully they'll be a loophole.

 

I actually almost bought another printer last night to beat the tax deadline until my wife said,

 

  "You  have 2 printers already you don't need a third one!".

[CharlieH]

6 minutes ago, MrJ2U said:

I'm trying to think of a small business I've ever purchased anything.

 

I'm thinking small online business selling cheap Chinese made trinkets.

 

If I buy something online I'm usually using Lazada, Shoppee, Ali Express.

 

Small sellers usually sell through them.  I don't believe there exempt.  

 

Hopefully they'll be a loophole.

 

I actually almost bought another printer last night to beat the tax deadline until my wife said,

 

  "You  have 2 printers already you don't need a third one!".

many of the actual sellers/merchants on there I doubt would hit the 1.8m threshold.

 

I wonder how many will just use it an excuse to add 7% to the bill but not actually have to pay it, its not like they have to be registered and have a number like VAT, it would seem.

[MrJ2U]

1 hour ago, CharlieH said:

many of the actual sellers/merchants on there I doubt would hit the 1.8m threshold.

 

I wonder how many will just use it an excuse to add 7% to the bill but not actually have to pay it, its not like they have to be registered and have a number like VAT, it would seem.

Will find out soon enough.

 

I buy diapers from Shoppee or Lazada (Whoever is cheaper at the time). 

I usually save around 150.00 baht a bag (set of 3) of Mama Poko Organic diapers. I buy like 9 bags at a time.

 

Big markups at the Tesco's and Big C's.  

There Monoply is bothersome and really hurts the consumers.

 

Two families own Tesco's, Big C, 7/11, and Makro's.

No competition.