Pickup Truck Carrying Old Batteries Catches Fire near Rama 2 Shopping Mall
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webfact
in Bangkok News
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How to remove bitumen / tar from car?
used to take it off my feet with kerosine so diesel fuel would work just soap and rinse when you are done -
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Thaksin's New Tax Plan Targets Poverty in Thailand
Thaksin Shinawatra, the former Thai Prime Minister, is back in the news with a bold proposal: a negative income tax (NIT) aimed at reducing poverty and social inequality in Thailand. This latest plan could significantly alter the country's tax system. The concept of NIT is not entirely new to Thailand. Over a decade ago, the Finance Ministry's Fiscal Policy Office (FPO) introduced a similar proposal. It was also included in the 12th National Economic and Social Development Plan (2017-2021) and the National Reform Plan under former PM Prayut Chan-o-cha. The Pheu Thai Party, to which Thaksin belongs, even highlighted a related idea in their most recent election campaign. So, what exactly is NIT? It’s essentially a system where the government supplements the income of individuals earning below a certain threshold. As these individuals’ earnings grow, the government’s support gradually reduces and eventually stops. The aim is to incentivise work and integrate recipients into the tax system. Unlike traditional welfare, NIT requires recipients to be working and paying into the tax system. Thaksin isn’t the first to propose something like this. The concept was first introduced by renowned economist Milton Friedman, who suggested it as a way to combat poverty without disrupting the free market. However, for NIT to work effectively in Thailand, the tax system will need substantial reforms. Currently, Thai citizens earning as little as 60,000 baht a year must file taxes, but compliance is inconsistent. Under the NIT plan, everyone would be required to file taxes, even if they earn just one baht. This would require amending Section 56 of the Revenue Code. One significant challenge is public acceptance. Connecting NIT to the tax system might cause confusion and concerns about increased taxation, making it a tough sell politically. Additionally, NIT excludes non-working individuals, suggesting the need for alternative support measures like vocational training. The FPO sees NIT as part of a broader welfare reform strategy. This initiative aims to target support to those most in need while easing the financial strain of welfare payments on the government's budget. Existing programmes like the Universal Coverage scheme already demand substantial funding, and political promises of additional benefits only add to the pressure. Thailand’s revenue collection is already strained, with tax cuts and a stagnant VAT rate contributing to a shrinking revenue base. The country has been running a budget deficit for two decades. Introducing NIT might be a risky but potentially game-changing move for Thailand. Whether Thaksin's proposal will be the solution Thailand needs remains to be seen, but it undeniably opens up a significant conversation about the future of welfare and taxation in the country. -- 2024-08-30 Get the ASEAN NOW daily NEWSLETTER - Click HERE to subscribe -
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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
Every bar stool hound in Soi Bukkhow is now going to boast about how they were called in for an audit but they told them to get stuffed, "I'm never going to pay tax here", and then stormed out after the officer backed down....not heard anything since, he said. "That's what you have to do lads, you mark my words", he said. -
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What happens to visas with a new passport ?
Not being pedantic however in this thread it's important. You do not have a valid visa. You have a permit (permission of stay) and the stamp for most recent extension was transferred along with your multiple reentry permit last entry stamp etc. If you actually had a multi entry Visa such as a valid ME non O or a valid Non O-A etc then you travel with both passports -
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Leap of irony: Cheating Thai husband attempts suicide after scam - video
.................for what??? -
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Former police chief and others arraigned in Red Bull hit-and-run
They'll all be released "for lack of evidence" in exchange for a delivery by a pastry box lorry. -
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THAILAND LIVE Thailand Live Friday 30 August 2024
Bangkok Prepares for Rising Waters: Governor Reassures Residents Bangkok Governor Chadchart Sittipunt has stepped up to ensure the city's readiness as floodwaters approach, focusing on key flood defence projects. Accompanied by Deputy Governor Wisanu Supsompol and officials from the Bangkok Metropolitan Administration (BMA) Drainage and Sewerage Department, Chadchart recently inspected vital flood levee repairs along the Chao Phraya River in Yannawa district. Attention centered on the Rama III area, where a new water gate at Klong Ta Huang is under construction. Full story: https://aseannow.com/topic/1336828-bangkok-prepares-for-rising-waters-governor-reassures-residents/ -
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Big Thailand visa changes from June 1
I personally rang the Consulate back in January on behalf of a disabled acquaintance (partially deaf) and they informed it was still available, although not listed on their website. I knew of two regular visitors (oil workers) that obtained it the previous year with 800K in their foreign bank account. Likewise, I suspect with the recent changes, those funds would now have to be in a Thai bank account if it's still available. You'd have to call to confirm its availability and financial requirements. -
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Thai mother appeals for help after monkey bites daughter
Protect the family from the Rottweiler.😉 -
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Is it just me: Or, have you made the decision to spend your money on Amazon?
Well, Amazon is only one of the big players. You tried Lazada, Shoppe or Temu already?😳 -
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Longest Sentences Yet for Rioters Involved in Racist Mob Violence Across England
Any news on the violence from the Notting hill riots carnival yet where 50 police officers were attacked and 8 people were stabbed? Seems a bit more serious than someone pulling on someones car wing mirror. https://www.bbc.com/news/articles/c07e55159kro -
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Canada Implements 100% Tariff on China-Made Electric Vehicles
Has been shown? Where? What I do read is that China has forgiven and written off many loans. -
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Suvarnabhumi Airport to handle 80 million passengers yearly by 2031
I was about to post the same thing. I think it is the former. -
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Former police chief and others arraigned in Red Bull hit-and-run
Reports suggest Vorayuth’s current location may be in London. Very convenient. Looks like he's had a few pointers from the Thaksin family. He will be out & about in the Ferrari again before you know it.
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