Insights

On 25 November 2024, the Board of Investment (“BOI”) issued Announcement No. Por 10/2024, implementing stricter guidelines for its e-Investment Promotion system. This new BOI regulation, effective from 1 December 2024, aims to streamline the application process and ensure the accuracy of submitted information.

The Revenue Department has announced the popular tax incentives scheme, now known as “Easy E-Receipt 2.0” (formerly “Shop Dee Mee Kuen”), which offers individual taxpayers up to THB 50,000 in personal income tax deductions for 2025. Your deductions for purchasing goods and services must be made between January 16, 2025, and February 28, 2025.

Thailand’s plummeting workforce is a multi-dimensional and critical crisis demanding immediate action from businesses.

How well do you really know internal control health check of your company ? How thoroughly are they checked when policies and procedures are updated? How do you ensure internal control efficiency is established and maintained? Are there any inefficiencies and control deficiencies your team has missed?

เปลี่ยนการจ้างงานที่เป็นเรื่องยาก มาอัพเดทความรู้ด้านการบริหารและการสรรหาว่าจ้างคนเก่ง พร้อมกฎหมายแรงงานที่ต้องรู้ในการจ้างงานเพื่อเป็นกุญแจสำคัญให้การจ้างงาน ให้เป็นไปอย่างมีประสิทธิภาพ และประสบผลสำเร็จมากขึ้น

New technologies often create new markets that existing regulatory frameworks are not equipped to govern. Sometimes, these emerging markets are so novel that they create uncertainty or gaps in the tax system. The challenge for governments is to devise new tax rules that neither stifle the development of these markets nor create unfair tax loopholes. This is not an easy task.

Hiring decisions for senior level positions can save — or ruin — businesses in any industry. The right person for the job will have a clear vision of the opportunities and challenges ahead, the maturity to make wise decisions, the drive to dig deeper when the going gets tough, and the leadership qualities that will bring together a hard-working team to push forward.

A system that only works ‘well enough’ today will be far out of its depth tomorrow, as the rest of the industry optimises for greater speed, efficiency, and customer service quality. Because digital transformation/enablement takes time, companies cannot afford to wait until they are noticeably falling behind in order to upgrade their systems and processes.

A great idea is worthless without the funds to bring it to fruition. One of the most underappreciated responsibilities of business leaders is to ensure adequate liquidity for each new endeavour that their companies embark upon. This task requires great insight into company operations and market patterns, as well as an excellent sense of timing, as the necessary cash must be available at the precise moment the organisation needs to access it. Whether a business is a well-established company or a fast-growing start-up, this principle holds true. Even the most seasoned organisations can falter if liquidity management is neglected, just as newer companies can fail to get off the ground without the right financial planning.

Fraudulent activities committed by employees, managers, and even executives can severely damage a business both financially and reputationally. The scope of this problem is typically underestimated, as the idea of team members stealing from the team is unpleasant to consider, much less to discuss out loud. The resulting silence surrounding this issue leads many to assume that it must not be a common problem.

Left unchecked, all things fall into disorder. This universal law requires that we maintain high standards of maintenance and organisation in all aspects of both life and business. As soon as we allow ourselves slack in any area, the deterioration process will begin anew.

2024 is set to be a year of mass disruption as long-standing business models are tested by the rapid pace of technological advancement, causing economic upheaval around the world. In the last great technological leap, we saw traditional businesses such as Blockbuster, Tower Records and Kodak disappear as Netflix, Spotify and Instagram came from nowhere to dominate.

Explore some of the latest trends, best practices, and strategies that are shaping the future of Human Resources. Whether you're an HR professional or simply interested in the evolving landscape of the workforce, this webinar is for you. This webinar will explore FutureLog’s payroll transformation journey.

Privately held companies have more freedom to innovate than public companies as they are not beholden to shareholders who demand constant growth.

Advances in digital technology and artificial intelligence can significantly ease the strain on your accounting department, streamlining back office operations and opening the door to better, more in-depth and wide-ranging analysis of your company’s economic direction. Data-based simulations can integrate complex arrays of variables in order to highlight ripe areas of focus for your company, and can now do so more efficiently than ever.

Thank you to the 140+ attendees from over 70 companies who joined us for the Accounting & Tax Updates 2024 Seminar!