accountants and business advisers
Articles - 08 05 2020
COVID-19 has drastically changed the global economic outlook, and now more than ever, it is important to balance realism with optimism.
News - 08 05 2020
News - 21 04 2020
The latest COVID 19 - BUSINESS SUPPORT MEASURES report (dated: 9th April 2020) prepared by the JFCCT, providing a summary of Thai Cabinet approved relief measures for Thai companies to support the economy during COVID 19 crisis on 10 March and 24 March 2020, as well as an additional Corporate Compliance Summary and comments on the State of Emergency declared by PM Prayut Chan-o-cha.
Articles - 07 04 2020
Economic crises and / or recessionary environments typically cause reductions in the future expected economic returns of assets which leads to the need for asset impairment tests. Impairment tests provided by independent expert are considered more reliable, accurate and inspire shareholder and / or investor confidence. PKF Thailand has developed an in-depth understanding of the valuation methodologies for a multitude of assets and a strong ability to address key concerns of auditors and regulators.
The following summarises the 2 (two) new Social Security changes to Social Security Fund legislation to provide greater support for the payment of salary compensation for low paid workers effected by COVID-19, which has already passed approval from the Thai Cabinet and has been officially announced in the Social Security Fund website (https://www.sso.go.th/wpr/main)
The rapid spread of anti-corona virus measures around the world has already had a significant effect on the ability of businesses to continue to function. The total effect varies significantly by industry and by country. Entertainment, hospitality and retail are struggling to survive, and many businesses will simply not make it. Companies in developed countries can expect a higher level of government support than will perhaps be available in South East Asia.
News - 07 04 2020
With the exception of the last bulleted item about the proposed federal Data Protection Agency, this month’s edition of Cyber Roundup soberly sets out various cybercrimes that are morphing into even more destructive acts, resulting in ever-expanding harm to businesses and individuals.
Articles - 10 03 2020
Short-term leasing, such as Airbnb has become more popular in Thailand's major condominium and house rental markets. However, without a proper Hotel License, these transactions may be violating Thai laws and creating significant Thai tax exposures.
Are you minimising your tax and maximising your benefits? Our tax team provide an update of how to best use the RMF, SSF and Life Insurance schemes to maximise your Personal Income Tax savings in 2020.
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