If the company hire the individual performer to perform in a group, how to calculate tax for public performer’s tax?

by panwa group | Nov 4, 2021 | 5.QA

A public performer get paid for their career. In the event that the employer has agreed to hire an individual public performer to perform in groups or compete in teams, then how to calculate for the public performer’s tax? Panwa : As stated on Article 2 , paragraph...

Does the VAT need to apply for the rental fee and does it need to withhold tax for the deposit amount?

by panwa group | Nov 4, 2021 | 5.QA

We would like to discuss that  we have rent an apartment which the rental agreement was prepared between the company and landlord  and we need to pay for the deposit and monthly rental, but the landlord does not charge VAT, is it OK? When we pay them, do you need to...

Who are the sources of income subjected to personal income tax.

by panwa group | Nov 4, 2021 | 5.QA

Who are the sources of income subjected to personal income tax. Panwa : Person with assessable income under Section 40 of the Revenue Code in the past tax year because of the job or business that is done in Thailand or because of the employer’s business in...

If the client withhold the tax for selling of equipment, and already submitted to the RD. Can we refund for such back?

by panwa group | Nov 4, 2021 | 5.QA

We would like to discuss that we withheld the tax 3% of payments of “Golf Simulator Equipment” selling which it does not need to deduct any withheld tax 3% but our client understood that it is the “Services”, so, they had withheld the tax from...

In case of failure to submit the disclosure form for 2021, how much is the penalty that we need to pay to the Revenue Department?

by panwa group | Nov 4, 2021 | 5.QA

We did not submit the disclosure form for year 2021, how much is the penalty that we need to pay to The Revenue Department? Panwa: If your company did not submit the disclosure form for year 2021, your company need to pay the penalty in the amount as below. Submit...