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THAILAND LIVE Thailand Live Wednesday 7 August 2024
Minister clarifies tax concerns for digital wallet programme by Puntid Tantivangphaisal Photo courtesy of KhaoSod Deputy Minister of Finance Julapun Amornvivat insists that sales data from stores participating in the digital wallet programme will not be submitted to the Revenue Department, but stores must file taxes if their sales increase significantly. Full story: https://aseannow.com/topic/1334852-minister-clarifies-tax-concerns-for-digital-wallet-programme/ -
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British Man, 27, Vanishes in Thailand Before Flight Home
Go to Global House or Home pro where you can buy 1 metre of 3x4 timber -
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Minister clarifies tax concerns for digital wallet programme
Thailand's Deputy Minister of Finance Julapun Amornvivat insists that sales data from stores participating in the digital wallet programme will not be submitted to the Revenue Department, but stores must file taxes if their sales increase significantly. Julapun addressed concerns yesterday from merchants about joining the digital wallet programme due to tax issues. He assured that the Ministry of Finance would not send sales data from participating stores to the Revenue Department. However, if a store’s sales increase to a certain threshold, they are obligated to file taxes as usual. For instance, if a store’s annual sales increase from 100,000 to 200,000 baht to 1.8 to 1.9 million baht, they must correctly file value-added tax (VAT), said Julapun. “We cannot force anyone to participate, but no one should miss this opportunity. The programme will circulate over 1 trillion baht within the system, providing a chance for all stores to increase their sales. Meanwhile, the government will educate merchants about the tax system, which is not as daunting as it seems. Once they join, they can deduct various expenses.” Julapun highlighted that preparations are underway but some merchants are not ready. For example, certain enterprises have not fully registered with the relevant supervisory agencies. Efforts are being made to complete their registrations so they can join the programme without issues. Overall, the response has been positive. Initially, 40,000 to 50,000 small business representatives were expected to show interest, but hundreds of thousands have already expressed their willingness to join. The postponement of the digital wallet registration announcement for merchants was merely to avoid confusion, as the registration for citizens is currently ongoing. Julapun also mentioned that the proposal for the digital wallet programme will not be presented at the Cabinet meeting today. There is still time to submit the proposal for Cabinet approval before the budget is utilised. The overlapping budget can be established, and this has been clarified several times. Civil servants have confirmed that it is feasible, reported KhaoSod. by Puntid Tantivangphaisal Photo courtesy of KhaoSod Source: The Thaiger 2024-08-07 - Cigna offers a variety of health insurance plans designed to meet the minimum requirement for medical treatment coverage, with benefits reaching up to THB 3 million. These plans are tailored to provide comprehensive healthcare solutions for expatriates, ensuring peace of mind and access to quality medical services. To explore the full range of Cigna's expat health insurance options and find a plan that suits your needs, click here for more information. Get our Daily Newsletter - Click HERE to subscribe -
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Elon Musk and Sir Keir Starmer Clash Over 'Civil War' Remarks
Talking with many expats from the land of the Great Unwashed here, Musk is on the money. Starmer is just a puppet and is letting the divide and conquer happen. -
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Is intestinal worms a myth?
if you walk barefoot everywhere on the dirt, eat salads, quite a possibility cooked foods are mostly fine if you start having itchy rectum especially at night that's a sign , but most westerners used to toilet paper stuck to their unclean <deleted> might not be sensitive enough to notice -
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Thailand's Constitutional Court to Decide on Move Forward Party's Dissolution on August 7
People are fed-up with the double standard rules and it will leading many to question the value of participating in future elections. -
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British Man, 27, Vanishes in Thailand Before Flight Home
From the article: ” Simon was due to land in Helsinki to board a connecting flight which would have taken him home to the UK but he reportedly never caught the second plane and hasn't been seen since. “ He reportedly never caught the first plane initially !! Has anyone checked his bedroom ? -
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Brutal assault on Canadian raises serious questions about tourist safety in Pattaya
at what time did he go to... ahum... socialize with the ho's ? maybe he thought he was a big dog and pissed on the wrong tree... -
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All the Blood pressure medications
Had a mini heart attack 4 years ago, also a mild stroke 24 years ago staying well hydrated? drink at least 3 lt water per day -
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Massive migrant fraud , 2 months before early voting
Good, we recognize that this is a money making scheme coming from those in the US, not the migrants outside seeking admission. -
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Tesla Cancels Plan for EV Factory in Thailand
Cars aren't selling so well; the trucks are a joke and stock is down 40%. Maybe Thailand dodged a bullet by not having a factory... -
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