accountants and business advisers
News - 09 04 2019
The Thai Revenue Department has recently issued new tax regulations to encourage SME corporate entities to file tax returns appropriately by providing exceptions to laws relating to tax penalties and surcharges, including criminal liability.
Knock, knock. “Who’s there?” “A buyer for your company prepared to pay a huge amount of money for it.” Sound like a joke? It may not be if you plan well.
News - 11 03 2019
Continuing our journey towards Thailand 4.0. So far you have been lucky. Neither you nor your business has been compromised by cybercrime. Maybe Shakespeare’s warning [which basically applies to most life circumstances] can be your guide: Better three hours too soon than a minute too late. Good advice from a guy who died over 400 years ago and never had a smartphone.
News - 07 02 2019
A Millennial might text SSDD [“polite” translation: same stuff, different day]. Just another typical month in the annals of cyber security. We have hacked emails, breached websites, phishing schemes, privacy incursion, children’s credentials for sale on the Dark Web, weak passwords and a lack of cyber defenses. Welcome to 2019.
In 2018, Chinese visitors to Thailand reached 10m. In China its citizens entered and exited the country 560 million person-times, up 12% YoY, and maintained growth for 15 consecutive years. In addition there were 95.328 million foreigners departing from or entering China, up 11.6% YoY.
On 15th January, the OECD released a report and database, Corporate Tax Statistics, providing internationally comparable statistics and analysis from around 100 countries worldwide. Interestingly it shows in 2016, corporate tax revenues accounted for 13.3% of total tax revenues increasing from 12% in 2000, despite actual rates falling across the world.
News - 10 01 2019
After the New Year a “sobering” reminder of the cyber “naughty” that were active in the digital shadows during December whilst the rest-of-us “nice” were enjoying the celebrations.
News - 07 12 2018
Many of us will soon gather for various dinners and celebrations. We might put away our smart phones, give Alexa some time off, and enjoy the company of “actual” family and friends. After dinner, we may return to the virtual world and use our fitbits to work off the calories, create our electronic holiday cards, catch-up on our fantasy football team, update our Facebook page, do some e-shopping or maybe Skype with those who were not able to make it for dinner. But, as always, be vigilant of unwelcome guests who might be joining you too!
PKF in Thailand have 24 Advisors on Xero, the cloud-based accounting software, the second highest number in Thailand. Research from 6,000 companies has indicated use of cloud-based services for small companies increase productivity and sales per employee.
PKF Thailand is proud to be certified by the Stock Exchange of Thailand to audit listed companies. The Australian Stock Exchange (ASX) is Australia’s primary securities exchange and one of the world’s leading market exchanges. We discuss best governance practices with James Gerraty, ASX Listings Manager.
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