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Tax measures to cushion blow of wage increases
Business, Wichit Chantanusornsiri, Published on 08/07/2024
» The Finance Ministry expects to introduce measures soon to alleviate the impact on businesses burdened by an increase in the minimum wage.
Minimum wage deduction set to rise
Business, Wichit Chantanusornsiri, Published on 26/01/2018
» The Finance Ministry will soon seek cabinet approval to temporarily raise tax-deductible expenses for the minimum wage paid to employees to 1.15 times from 1 at present, an adjustment that can absorb employment costs of 9-10 baht a day per employee if it wins the nod, says Finance Minister Apisak Tantovorawong.