ERC Sets New Guidelines for Electricity Bill, Maximum of 5.44 Baht per Unit
Stock dimension – The Energy Regulatory Commission has decided to recognize the burden of production costs, setting 3 guidelines for the new electricity bill, with a maximum of 5.44 baht per unit, and is open to listening to opinions. Mr Khomkrit Tantrawanit The Secretary General of the Energy Regulatory Commission (ERC) revealed that the meeting […]
British Private Schools Rush to Recruit International Students Due to VAT Concerns
British private schools are rushing to recruit more international students. Hoping to be collateral to support the collection of VAT on tuition fees. If the Labor Party wins the next election it currently has the popularity rating ahead of the conservative party Key Points: Targeting international students is one of the ways private school administrators […]
The Impact of Raising Capital Gains Tax on Hong Kong’s Property Market
The government has recently announced that it will raise capital gains tax. If the prediction comes true, it will hit the owners who bought their property at low prices in the early years the hardest. They will have to pay millions of Hong Kong dollars in taxes at any time when they sell their property […]
Experts suggest dropping important tax breaks
Debates on tax laws continue, and the Institute for Market Economy proposes to drop all VAT tax reliefs. According to Petar Ganev, the budget for next year guarantees the growth of incomes, but foresees many unjustified social expenses, BNR reported. According to the experts from the Institute of Market Economy, the foreseen BGN 1.5 billion […]
Falling short by 59 Trillion Won: This Year’s National Tax Revenue Faces Historic Deficit
Record-breaking Shortfall in National Tax Revenue for 2023 Expected The anticipated national tax revenue for this year is projected to fall approximately 59 trillion won short of expectations, marking the largest deficit ever recorded. The Ministry of Strategy and Finance released the “2023 Tax Revenue Re-estimate Results and Fiscal Response Direction” on the 18th, outlining […]
The Meaning of “Tax”: A Look at Who Benefits
The Significance of Taxes: Who Are They Benefiting? As a result of Mr. Settha Thavisin’s actions, the Prime Minister, along with over 50 delegations, were compelled to fly to New York City to attend the 78th United Nations General Assembly, also known as “UNGA78.” The high costs incurred for chartering planes, estimated at 30 million […]
VAT has to be paid on the job application
Henceforth, candidates will be charged value added tax (VAT) and commission on application fee when applying for jobs in government and autonomous organizations online. For the first time, this decision was taken to collect VAT along with the job application fee. The Finance Department of the Ministry of Finance has recently issued a new notification […]
Restaurant visits more expensive – price shock for the schnitzel
Starting next year, the VAT rate in restaurants is set to rise from the current 7 percent to 19 percent. t-online shows what that would mean for the price of a schnitzel. A difference of twelve percentage points is currently causing a lot of trouble: in the coming year, food in restaurants will again be […]
This is how expensive restaurants will be when the rate increases
Starting next year, the VAT rate in restaurants is set to rise from the current 7 percent to 19 percent. t-online shows what that would mean for the price of a schnitzel. A difference of twelve percentage points is currently causing a lot of trouble: in the coming year, food in restaurants will again be […]
Markus Söder demands zero percent VAT for staple foods
Inflation has pushed up supermarket prices. CSU boss Markus Söder wants to counteract this – with a tax cut. CSU boss Markus Söder has called for massive relief for citizens by suspending VAT on staple foods. “Shopping in the supermarket must be possible again,” said Söder on Wednesday in the Andechs monastery in Upper Bavaria […]
