webfact Posted July 6, 2020 Share Posted July 6, 2020 Finance rolls out tax measures to help businesses to keep their employees Thailand’s Finance Ministry has introduced tax measures to help cushion the serious economic impacts of COVID-19 on businesses and employment. The Finance Ministry’s spokesman, Mr. Thanakorn Wangboonkongchana, said today that, in Thailand, many businesses in the export, industrial and tourism sectors are being forced to close, leaving millions of employees redundant. To help them retain their employees, he said that the Excise Department has cut excise tax on certain products and services. For instance, he said that the excise tax on electric tricycles will be reduced from 4% to 2% and the enforcement of new excise taxes on cigarettes and tobacco will be postponed until October next year. Full story: https://www.thaipbsworld.com/finance-rolls-out-tax-measures-to-help-businesses-to-keep-their-employees/ -- © Copyright Thai PBS 2020-07-07 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
Sharp Posted July 7, 2020 Share Posted July 7, 2020 Yes that will help those lining up for food !!!! 1 1 Link to comment Share on other sites More sharing options...
tokyoblond Posted July 7, 2020 Share Posted July 7, 2020 4 hours ago, webfact said: he said that the excise tax on electric tricycles will be reduced from 4% to 2% Gee, K Thanakorn, thank you so much! That's really going to help my business recover. I can't believe that no-one thought of this business-saving, job-saving, indeed life-saving measure until now. All the tourist businesses up and down the country must be overjoyed today on hearing this fantastic news. You are truly part of a Government that just keeps on giving (nothing). You must be so proud of yourself. 2 Link to comment Share on other sites More sharing options...
brain150 Posted July 7, 2020 Share Posted July 7, 2020 "the excise tax on electric tricycles will be reduced from 4% to 2% and the enforcement of new excise taxes on cigarettes and tobacco will be postponed until October next year" ... thank god. My business is saved !!! I was really worried about the tricycle issue. 2 Link to comment Share on other sites More sharing options...
sammieuk1 Posted July 7, 2020 Share Posted July 7, 2020 Wow such generosity wonder how many sub committees were formed for a tricycle tax cut presumably 3 as the spokesman looks like he drew the short straw for the announcement ???? 1 Link to comment Share on other sites More sharing options...
Redline Posted July 9, 2020 Share Posted July 9, 2020 Are they reading my mind? I was just thinking about getting on my electric tricycle to go get some tobacco. are these people all in drugs now? Link to comment Share on other sites More sharing options...
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