New e-commerce tax bill to be considered by the Senate next week

13 Sept 21:25 Key points summarised by AI

A new e-business tax bill, approved by the House scrutiny committee, will advance to the Senate for consideration next week.
The bill mandates foreign-based online platform operators earning over 1.8 million baht in Thailand to register for and pay 7% VAT.
The Revenue Department projects an additional five billion baht annually from this VAT collection, aiming to expand the tax base to include online income earners like YouTubers and social influencers.

New home loan scheme aims to boost property sector with Bt125 billion

Yesterday 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.