Stores rejecting Thailand’s co-payment scheme fearing back taxes

17 Oct 00:25 Key points summarised by AI

Thai eateries and stores are increasingly refusing the government's 50:50 co-payment stimulus scheme, despite its sales-boosting effects.
The primary reason for rejection is fear of revenue officials demanding back taxes, with some businesses claiming they have already faced significant tax demands.
The Fiscal Policy Office insists the co-payment scheme is not linked to the Revenue Department's database, asserting that back taxes should not be a problem for participating small entrepreneurs.
The office clarified that only businesses earning over 1.8 million baht annually are required to register for VAT, with penalties for non-compliance.

Bai Lu meet-and-greet cancelled days after China’s safety warning

Yesterday 15:28 Key points summarised by AI

Thailand's Tourism and Sports Minister announced the government will seek clarification from the Chinese Embassy regarding its recent travel advisory warning Chinese nationals about safety concerns in Thailand.
The travel advisory is anticipated to negatively impact the number of Chinese tourists visiting Thailand, despite recent increases in arrivals.
A meet-and-greet event featuring Chinese actress Bai Lu, a WeTV Global Ambassador, was abruptly cancelled just days after the Chinese Embassy issued its safety warning, though no official reason was provided.
The Chinese Embassy's advisory urged citizens to beware of job scams, fraudulent investments, suspicious travel arrangements, and the risk of illegal detention or being lured to the Thai-Myanmar border.
Chinese nationals were advised to verify job offers, use legitimate transport, avoid high-risk border areas, protect personal documents, and keep family informed of travel plans.