Negative Income Tax to be applied for all Thai workers by 2027

10 Sept 15:58 Key points summarised by AI

Thailand will implement a Negative Income Tax (NIT) system by 2027, mandating all Thai workers and business operators to submit annual income tax forms, irrespective of earnings.
The NIT system, part of the National Data Lake project, will serve as a crucial tool for rolling out a new universal welfare program, ensuring accurate eligibility screening and efficient budget allocation.
Individuals earning a net annual income of 150,000 baht or less will be exempt from tax and fully qualify for benefits under the new universal welfare program.
Those with incomes above 150,000 baht will face progressive tax rates, with the same tax laws and deductions universally applied to all individuals and business entities.
This reform aims to reduce social disparities and integrate all income earners, across both formal and informal sectors, into the national tax system.

Examining Thailand’s four-part education revolution

Today 14:22 Key points summarised by AI

Thailand's Education Ministry is implementing a four-pronged strategy to address its students' below-average performance in PISA 2025 and tackle significant educational inequality.
The plan prioritizes closing performance gaps by increasing funding for small and low-income schools, overhauling the curriculum to foster critical thinking, and adopting a data-driven management system to reduce teacher workload.
Key initiatives include enhancing school safety, combating cyberbullying, and expanding mental health support through peer-to-peer networks, recognizing the severe impact of distress on academic performance.
An education expert advises verifying if PISA improvements stem from structural changes, advocating for a revived STEM curriculum with practical 'learn by doing' methods, and urging bureaucratic reform to link teacher evaluations to student development.