Frankie baby Posted May 13 Share Posted May 13 Surly some of the imported food is already taxed going by the price. And what happened to the wine tax that was supposed to be reduced. It's still the same price as of yesterday. 1 1 Link to comment Share on other sites More sharing options...
Sophon Posted May 13 Share Posted May 13 44 minutes ago, FlorC said: How long till this government will raize the VAT to 10 % ? Actually, the standard VAT rate in Thailand is already 10%, and has been for decades. The rate has been "temporarily" reduced to 7%, a reduction which will expire on 30th September 2024 unless again extended by the government. So the government wouldn't have to raise the rate, they can just let the current reduction in the rate expire in September. 1 Link to comment Share on other sites More sharing options...
Peterphuket Posted May 13 Share Posted May 13 1 hour ago, FlorC said: How long till this government will raize the VAT to 10 % ? There have been such plans more than once but they have been abandoned each time because of the bad economy. Link to comment Share on other sites More sharing options...
lordgrinz Posted May 13 Share Posted May 13 I just hate having to pay custom fees and VAT on imports from home after already paying higher shipping costs, just because nobody in Thailand can provide quality products for sale. I find about 50 percent of quality items I am looking for are not available here, fixing that issue would be a better direction. Link to comment Share on other sites More sharing options...
newbee2022 Posted May 13 Share Posted May 13 5 hours ago, webfact said: The Finance Ministry is set to present a proposal this week to revise the Revenue Code, imposing a 7% value added tax (VAT) on all imported goods valued under 1,500 baht. This move aims to level the playing field between local suppliers, who are already subject to VAT, and online overseas sellers who have been exempt from this tax. Deputy Finance Minister Julapun Amornvivat explained that once the cabinet approves the draft, it will undergo review by the Council of State before being officially announced in the Royal Gazette for implementation. Many countries have already begun to tax online purchases of foreign goods, and this adjustment in Thailand will help local businesses compete more fairly. Initially, the Customs Department will be responsible for collecting the 7% VAT and passing it on to the Revenue Department. Future discussions will explore the possibility of involving online platform operators in the collection process. File photo for reference only courtesy: Thai Rath -- 2024-05-13 Get our Daily Newsletter - Click HERE to subscribe Is this the way to finance the 10.000 Baht nonsense??🙏 1 1 Link to comment Share on other sites More sharing options...
Popular Post HappyExpat57 Posted May 13 Popular Post Share Posted May 13 2 hours ago, FlorC said: So , tired of hearing "mai mee & mai dai" here in Thai shops , you turn to lazada where they do have it, now we have to pay tax on it. This after we bring in money from abroad to be taxed from this year on. EXACTLY!!! I have struggled for WEEKS to find the red filters for the GoPro Hero 12 underwater case, both online and personally traveling to all the places in Pattaya where folks ASSURED me they would carry them. They're not available in Thailand, full stop. I ordered them from Amazon US, they got here in about 2 weeks. NOW they want to place an additional tax on things you can't get in LOS? I believe that's called extortion. 1 1 1 Link to comment Share on other sites More sharing options...
dinsdale Posted May 13 Share Posted May 13 So a Bt1499 (or less) bottle of wine which was going to have taxes cut and which hasn't happened will now have an extra 7% added on. Link to comment Share on other sites More sharing options...
Parker2100 Posted May 13 Share Posted May 13 Isn't their an ASEAN agreement not to tax each other's imports? ASEAN+China, of course. Level the playing field? Thailand does not make most of the small things I buy online. And if I do buy them in the store? Where do you think the sellers get them? Ummm... online. Link to comment Share on other sites More sharing options...
Marco51 Posted May 13 Share Posted May 13 5 hours ago, webfact said: The Finance Ministry is set to present a proposal this week to revise the Revenue Code, imposing a 7% value added tax (VAT) on all imported goods valued under 1,500 baht. This move aims to level the playing field between local suppliers, who are already subject to VAT, and online overseas sellers who have been exempt from this tax. Deputy Finance Minister Julapun Amornvivat explained that once the cabinet approves the draft, it will undergo review by the Council of State before being officially announced in the Royal Gazette for implementation. Many countries have already begun to tax online purchases of foreign goods, and this adjustment in Thailand will help local businesses compete more fairly. Initially, the Customs Department will be responsible for collecting the 7% VAT and passing it on to the Revenue Department. Future discussions will explore the possibility of involving online platform operators in the collection process. File photo for reference only courtesy: Thai Rath -- 2024-05-13 Get our Daily Newsletter - Click HERE to subscribe What about books that are internationally exempt? Do the customs bureaucrats know this? Or rather pretend they are waiting for the PM's orders, after all the poor man is everywhere and all the time and is expert on everything. The incredible admin costs may or may not be added too? Do they fill out a formsheet for every 100 Baht? Do we all have to plan in 1 hour daily pick up of parcels at the post or maybe the airfreight department (farang please bring passports) ? Again the planning and implementation of new ideas is meticulous. Link to comment Share on other sites More sharing options...
Deerculler Posted May 13 Share Posted May 13 2 hours ago, Expat Tom said: Clever, Since I order my vitamins from the states I will be forced to pay 3 times as much here because the mechanism for paying the VAT will be a nightmare and delivery times protracted. . This is just one more item to put in my RFL (Reason For Leaving) file. Soon the Bangkok Brain Trust will completely kill the goose that lays the golden egg. There are estimated to be over 80,000 farang living in Thailand. How many will leave before the Clown Show in BBK feels the pain. Let's harass the farang, tax them, charge them more to enter public parks and go to the hospital and make the visa process stupid. There are 9 other countries on the International Living list of best places for Expats to live abroad and two of them are other ASEAN countries; the PI and Vietnam. No place is perfect but the shin is wearing off Thailand for me. You forgot Cambodia. Link to comment Share on other sites More sharing options...
SportRider Posted May 13 Share Posted May 13 3 hours ago, CartagenaWarlock said: Now I have to pay 7% tax on all transparent baby doll nighties for my concubines from Shein. Wow. What a financial burden on me! Wait, you can get concubines from Shein? Link to comment Share on other sites More sharing options...
connda Posted May 13 Share Posted May 13 Thereby affecting those who make the least money by adding a 7% regressive tax on item that those in the lowest income brackets are most likely to buy. The wealthy target the poor by convincing "lawmakers" (Cha-Ching) to target the poor. Happiness to the people. Link to comment Share on other sites More sharing options...
ignore it Posted May 13 Share Posted May 13 Guess the chinese companies fronted by Thais who import in bulk and distribute through Lazyda and similar sites are the target. Feel safe as my orders always under 1500Bhat. Just means a longer wait for my stuff as it'll be coming from china. Link to comment Share on other sites More sharing options...
Popular Post connda Posted May 13 Popular Post Share Posted May 13 Tax The Poor. It's the mantra of government throughout history. Why. Because the wealthy have the means ฿฿฿฿฿฿฿฿ to convince "lawmakers" to tax the poor instead of taxing the rich. That's called a oligarchy representative democracy. Happiness To The People. 3 Link to comment Share on other sites More sharing options...
connda Posted May 13 Share Posted May 13 6 hours ago, webfact said: The Finance Ministry is set to present a proposal this week to revise the Revenue Code, imposing a 7% value added tax (VAT) on all imported goods valued under 1,500 baht. Thank goodness that won't affect the wealthy purchase of their Dior, Gucci, and Louis Vuitton brand products. Aim this tax right at the poorest and most vulnerable segment of society who manage to live my economizing. "Well jolly good. Let's give it to the poor." 2 Link to comment Share on other sites More sharing options...
Galong Posted May 13 Share Posted May 13 3 hours ago, dpcjsr said: This is another part of a consistent pattern by the new government to raise revenue. They seem to be desperate for more money which is not good for most of us. Anyone else having fond memories of Prayut? lol Yeah, Prayuth was dependably inept and mostly harmless. This chap is making too many ill-conceived plans/programs back-to-back. I have not agreed with any of his plans as far as them making a positive impact on the economy or the lives of the average citizen and certainly not for the expat community. Oh well, I guess I'll simply remain bent over for whatever the future holds. 1 Link to comment Share on other sites More sharing options...
ikke1959 Posted May 13 Share Posted May 13 53 minutes ago, dinsdale said: So a Bt1499 (or less) bottle of wine which was going to have taxes cut and which hasn't happened will now have an extra 7% added on. I think the whole plan is again nothing. It should started already on the 1st of May, and now it seems there is no plan yet..A lot of talking and unrest but in the end it will not work, as they can't open all packages and decide the prices of the articles...And than at delivery when someone wants to pay 8 THB VAT with a 500 THB note?? or even an 100 note? There will be no change and the package is going taken back... It will not work believe me. And for the wines indeed.. promises but not in reality too.. same prices as months ago and no less....but the 10k wallet scheme must be financed Link to comment Share on other sites More sharing options...
Dan O Posted May 13 Share Posted May 13 5 hours ago, ezzra said: What a lame excuse, just go out and say 'We were racking our brains and thinking how to get more money from the public and we think we found it'... Well you do need money to run a country on dont you? Im betting your home countries charges taxes of various tyoes to support infrastructure?? This area (lack of financial collection) is one of the bigger problems the country has outside of all the corruption. Departments don't talk to each other and departmemtal budgeting gets no post use scrutiny and are run as feifdoms. The dependence on tourism alone doesnt work as covid proved as will any future global crisis and inflation. As much as everyone likes to bash the current PM at least he has been out initiating business agreements and promoting the country for industries outside the country, unlike most of the past PM's and certainly the last govt. China provides so much of the low cost products and skates away without paying tax on it. They get the preferentially treatment on mail going to the USA who subsidizes their transportation creating unfair advantage against local industry using postal delivery systems. Its a more complicated world we live in and to continue as a desired destination they need to improve infrastructure as other destination countries are and have. Hopefully the money goes to where its suppose to go in the end. Link to comment Share on other sites More sharing options...
sambum Posted May 13 Share Posted May 13 And talking about imported goods, what happened to the reduction in import taxes and duties on imported wines? I haven't seen any difference at all in the prices on the shelves, or is it going to take "a couple of years" for the suppliers to sell the stocks that they have already paid the taxes/duties on? 😉 1 Link to comment Share on other sites More sharing options...
sambum Posted May 13 Share Posted May 13 2 minutes ago, Dan O said: Well you do need money to run a country on dont you? Im betting your home countries charges taxes of various tyoes to support infrastructure?? This area (lack of financial collection) is one of the bigger problems the country has outside of all the corruption. Departments don't talk to each other and departmemtal budgeting gets no post use scrutiny and are run as feifdoms. The dependence on tourism alone doesnt work as covid proved as will any future global crisis and inflation. As much as everyone likes to bash the current PM at least he has been out initiating business agreements and promoting the country for industries outside the country, unlike most of the past PM's and certainly the last govt. China provides so much of the low cost products and skates away without paying tax on it. They get the preferentially treatment on mail going to the USA who subsidizes their transportation creating unfair advantage against local industry using postal delivery systems. Its a more complicated world we live in and to continue as a desired destination they need to improve infrastructure as other destination countries are and have. Hopefully the money goes to where its suppose to go in the end. "Hopefully the money goes to where its suppose to go in the end." "Nail ------ Head"! Link to comment Share on other sites More sharing options...
sambum Posted May 13 Share Posted May 13 (edited) 30 minutes ago, ignore it said: Guess the chinese companies fronted by Thais who import in bulk and distribute through Lazyda and similar sites are the target. Feel safe as my orders always under 1500Bhat. Just means a longer wait for my stuff as it'll be coming from china. "Feel safe as my orders always under 1500Bhat."? Somehow think you are not reading the article correctly! Here is the headline for you to read again! :- The Finance Ministry is set to present a proposal this week to revise the Revenue Code, imposing a 7% value added tax (VAT) on all imported goods valued under 1,500 baht. Edited May 13 by sambum 1 Link to comment Share on other sites More sharing options...
paul1804 Posted May 13 Share Posted May 13 (edited) 3 hours ago, Muhendis said: What makes you think planning is involved? It's knee jerk stuff as always, Next will be import duty which is currently only collected on goods over 1,000 Baht I think import duty is currently applied on items over 1500 Baht, so now it will be duty & VAT and if I dont miss my guess Vat will be applied on the total amount meaning VAT also charged on duty! Edited May 13 by paul1804 Link to comment Share on other sites More sharing options...
AhFarangJa Posted May 13 Share Posted May 13 5 hours ago, gargamon said: So all the AliExpress stuff I used to get delivered with no VAT will now be taxed. Almost seems like the administration costs will be higher than the amounts collected. Exactly. During the covididiocy we were sent a tax bill in the mail for our 3 rai of land. When we went to the tax office we were told that due to covididiocy they were only collecting 10%. We paid our 114 Baht, and left. Link to comment Share on other sites More sharing options...
Sydebolle Posted May 13 Share Posted May 13 What good weed was smoked, when they hatched this idea - honestly? I've ordered a plastic screw which came at 84 Baht incl postage from China. So now the platform will add 7% or 5.88 Baht on check-out, run statements with order details and VAT accruals - you must be joking. Imagine the mess when an article cannot be delivered/cancelled by seller or goes for refund compensation due to wrong delivery? That would apply to local platforms only. How about eBay, AliExpress et al? eBay will not collect 7% on behalf of anybody and can easily just do without the Thai customer base. The statement, that "this adjustment in Thailand will help local businesses compete more fairly" is total BS. If local business cannot compete with foreign supplies and respective logistic costs, then the locals have to go back to the drawing board and start homework all over again. This of course only under the assumption, that the local businesses have clean taxation procedures in place as well - yeah, I know - a silly joke my end! How many local sellers copy/paste a product from overseas and just double the price and only order it, once an innocent loser ordered the seriously overpriced article (equally imported). Free market economy - Thai-style - explained 1 Link to comment Share on other sites More sharing options...
Dan O Posted May 13 Share Posted May 13 19 minutes ago, sambum said: "Hopefully the money goes to where its suppose to go in the end." "Nail ------ Head"! Yep but you have to start somewhere and all the corruption has been decades in tge making and will not be stopped a just a few years. Things started to change in some areas during covid and sign of change are all around, much to tge dismay of the older expat community that's wants the freedom of the past without the cost but constantly complain about infrastructure or changes to lifestyle. Can't have both unfortunately. Link to comment Share on other sites More sharing options...
AhFarangJa Posted May 13 Share Posted May 13 44 minutes ago, connda said: Tax The Poor. It's the mantra of government throughout history. Why. Because the wealthy have the means ฿฿฿฿฿฿฿฿ to convince "lawmakers" to tax the poor instead of taxing the rich. That's called a oligarchy representative democracy. Happiness To The People. I have always advocated that Tax is Theft, pure and simple. Link to comment Share on other sites More sharing options...
Dan O Posted May 13 Share Posted May 13 3 minutes ago, Sydebolle said: What good weed was smoked, when they hatched this idea - honestly? I've ordered a plastic screw which came at 84 Baht incl postage from China. So now the platform will add 7% or 5.88 Baht on check-out, run statements with order details and VAT accruals - you must be joking. Imagine the mess when an article cannot be delivered/cancelled by seller or goes for refund compensation due to wrong delivery? That would apply to local platforms only. How about eBay, AliExpress et al? eBay will not collect 7% on behalf of anybody and can easily just do without the Thai customer base. The statement, that "this adjustment in Thailand will help local businesses compete more fairly" is total BS. If local business cannot compete with foreign supplies and respective logistic costs, then the locals have to go back to the drawing board and start homework all over again. This of course only under the assumption, that the local businesses have clean taxation procedures in place as well - yeah, I know - a silly joke my end! How many local sellers copy/paste a product from overseas and just double the price and only order it, once an innocent loser ordered the seriously overpriced article (equally imported). Free market economy - Thai-style - explained Your thinking is all off base because your throwing out what if scenarios rather than sticking with facts Link to comment Share on other sites More sharing options...
john donson Posted May 13 Share Posted May 13 the regular disgusting billionaire monopolies always have ways to not pay taxes, so tax the poor... Link to comment Share on other sites More sharing options...
john donson Posted May 13 Share Posted May 13 3 hours ago, goatfarmer said: If it's only on Ali Express and Lazada stuff, it wouldn't be such an issue, but going to the post office to pay and collect or enabling the ThaiPost delivery guy to collect 20 baht would be a huge inconvenience and burden. my post office is 20 km away... living on border of 2 provinces... no car, so 200 baht taxi x 2 to pay 20-50 baht is crazy to get my iherb supplements that are waaaaaaaay more expensive or unavailable in TH Link to comment Share on other sites More sharing options...
Muhendis Posted May 13 Share Posted May 13 28 minutes ago, paul1804 said: and if I dont miss my guess Vat will be applied on the total amount meaning VAT also charged on duty! You could get a job in Thai Tax dept any day thinking like that. ☹️ Link to comment Share on other sites More sharing options...
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