Land and building tax bill to go back to NLA this month

13 Sept 23:48 Key points summarised by AI

The long-delayed land and building tax bill is set for its second and final National Legislative Assembly (NLA) readings in mid-November, with expected enactment after the New Year.
First homes valued under 50 million baht will be exempt from land taxation, while second homes will incur a maximum 0.3% annual tax regardless of value.
Individual farmland enjoys a three-year tax exemption; thereafter, it faces progressive rates from 0.01% to 0.15% for land worth over 10 million baht, while corporate-owned farmland is immediately taxable.
Unutilized land will be taxed at 0.3%, escalating by 0.3% every three years, with a cap at 3%.
Private schools, hospitals, sports stadiums, and land banks receive a five-year tax exemption before being taxed based on their usage.

Six injured after car smashes into On Nut shopping mall

Yesterday 22:44 Key points summarised by AI

A 67-year-old woman drove her car through the glass frontage of a Bangkok shopping mall, injuring six people, including a six-year-old girl.
The driver claimed she accidentally pressed the accelerator instead of the brake after being startled, causing the vehicle to surge forward.
She apologized to the victims, promising insurance coverage and additional financial aid, while police continue to gather statements before filing charges.