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  • News & article

    TAXES IN THAILAND VI: Calculation of assessable income

    Spectrum, Published on 22/01/2012

    » This week we're going to work with an example that illustrates how taxable income is calculated. We know it's hard to consider these matters in theory, and readers have asked us for examples.

  • News & article

    Anwar verdict to test political waters

    Spectrum, Luke Hunt, Published on 08/01/2012

    » After two years of graphic and often offending evidence Malaysians will find out tomorrow whether opposition leader, Anwar Ibrahim, will spend up to 20 years behind bars when a verdict is handed down in his sodomy trial.

  • News & article

    Taxi drivers stuck in reverse

    Spectrum, Voranai Vanijaka, Published on 15/01/2012

    » Earlier this month, the government reached a compromise to increase the price of compressed natural gas (CNG) by just 50 satang per kilogramme starting tomorrow. In a concession to angry transport operators, Deputy Prime Minister Kittiratt Na-Ranong dropped the original plan to increase the price of CNG _ more commonly known known as NGV (natural gas for vehicles) _ at the rate of 50 satang a month for 12 months until it reached 14.50 baht a kilogramme. Mr Kittiratt has promised further consultation with the transport sector in the next few weeks before deciding whether there will be further CNG price hikes.

  • News & article

    Fledgling art scene more trippy than traditional

    Spectrum, Luke Hunt, Published on 15/01/2012

    » Fifteen years ago Cambodian art was virtually non-existent. Just a handful of painters practised their trade and typically their focus was restricted to the horrors of the Killing Fields and war or traditional copies of Angkor Wat and pleasant rural scenes.

  • News & article

    TAXES IN THAILAND V: Know your allowances (exemptions)

    Spectrum, Published on 15/01/2012

    » As we discussed last week, your taxable income is the income to which income tax rates are applied and your taxes are calculated. The formula for determining your taxable income is: Taxable income equals assessable income minus deductions minus allowances.

  • News & article

    As doors open, businesses face a formidable frontier

    Spectrum, Luke Hunt, Published on 29/01/2012

    » As Myanmar trades political reforms in return for an end to economic sanctions, businesses big and small are queuing for access to the region's last closed economy. Entry will be dictated by political connections, financial clout, further reforms and necessity.

  • News & article

    Rising youth crime levels confound justice system

    Spectrum, Tunya Sukpanich, Published on 22/01/2012

    » On Jan 11, five teenagers in Si Sa Ket province were arrested for shooting and killing an innocent woman. They later confessed to police that they were involved in a conflict with other teenagers in the village and one of them, in a rage, got hold of a gun and fired randomly into the woman's house, killing her.

  • News & article

    Start now to defuse inflation

    Spectrum, Andrew Wood, Published on 29/01/2012

    » The Chinese Year of the Dragon is thought to be an auspicious year and one in which a number of factors will have greater effect than usual, for better or worse. In other words, if your luck is good it will be enhanced, and if it is bad it will be horrid.

  • News & article

    TAXES IN THAILAND Part VII: Deductions _ reworking the example

    Spectrum, Published on 29/01/2012

    » Last week we used an example to determine how assessable income is calculated. Now we'll use the same example to show the items that are subtracted from the assessable income to arrive at taxable income, the amount to which the progressive rates are applied. These items subtracted from assessable income fall into two categories, deductions and exemptions, which are also called allowances. This week we'll illustrate how to arrive at deductions using the same example.

  • News & article

    Salvaging a Buddhist sanctuary

    Spectrum, Tunya Sukpanich, Published on 05/02/2012

    » A mong the major casualties of the recent floods was the 2,500-rai Buddhamonthon ("Buddhist park") religious park in Nakhon Pathom province. Today the park scarcely resembles the former green spiritual and recreational sanctuary in the shadow of Bangkok. The meticulously landscaped lawns are now covered with a thick layer of dried brown leaves and dead branches from trees and shrubs killed or severely shocked by the floodwaters that covered the park grounds for weeks. Many big trees were uprooted and still lie where they fell.

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