Bembaman Posted October 30, 2002 Report Share Posted October 30, 2002 I am curious as to how all these sole traders (many more now since the bubble burst) are taxed or assessed. Do they have to register their business? Link to comment Share on other sites More sharing options...
jp1 Posted October 30, 2002 Report Share Posted October 30, 2002 Do they have to register their business? Register their buz???? Link to comment Share on other sites More sharing options...
Bembaman Posted October 30, 2002 Author Report Share Posted October 30, 2002 I'll clarify what I am really getting at! I know noodle vendors pay a street traders licence annually and I presume they do not pay tax either because they do not earn enough or cannot be realistically traced or made accountable. However, take a small retail outlet, a small noodle shop as we're on the subject of noodles (!), what is their position? Link to comment Share on other sites More sharing options...
Guest Posted November 1, 2002 Report Share Posted November 1, 2002 I asked my brother in law the same question and managed to establish that there is a VAT threshhold you dont want to exceed but quite what it is I have not been able to establish. They also need to start paying personal income tax once the profits, I assume, exceed 5000 baht. To be honest however I got the impression that not very many people bother with the finer details. Link to comment Share on other sites More sharing options...
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