NLA proposes VAT hike to 8 per cent

It was only a few weeks ago, when this matter first crept into view, that the PM denied it was going to happen and told us not to worry.
Just a practice exercise, in hypothetical revenue calculation, or some other old pile of tosh.
Clearly you can tell when he is lying, because his lips move, but I guess, given the coffers are empty, this is the path to submarine and tank ownership.
Darksidedog

I believe that Thai Law stipulates 10 per cent. But as with most things “legal” in Thailand, the reduced VAT rate of 7 per cent has been periodically extended by various “governments” and Royally Gazetted.
It seems like the current extension runs through to 30 September 2017, and again by law, it will rise to 10 per cent on 1 October 2017.
Mtlas2005

VAT really is a tax on the poor and as such, there should be at least some 0-per-cent rate for basic necessities. Charging VAT on pharmaceuticals for example (like in Germany) seems criminal to me.
Wump

Bad cop, good cop routine. Expect the PM to disapprove at the Cabinet level and the junta propaganda PR machine will go overdrive with praise that the PM cares for the common people.
Eric Loh

Gotta pay for those oh-so-necessary subs somehow. Plus this tax increase will definitely bring much happiness to the People. Way to go govt!
Jerojero
Thai Visa