RSM Thailand

Employment Law

Cuts to Property Conveyance Taxes

2 September 2015
Effective for the one-year period of 29 March 2008 to 28 March 2009, registrations of property transfers are subject to Specific Business Tax (“SBT”) at the rate of 0.11%, instead of 3.3%.

Labour Law New Minimum Wage Rates for Skills

2 September 2015
On 27 February 2008, a new Labour Law (the Labour Protection Act (No 3) BE 2551) came into effect.

Fraud , Share Reward Schemes for Employees &  Minimum Thai Wage Rates

2 September 2015
Fraud Business owners can help protect their businesses from employee theft and fraud by following these recommendations:

Downsizing in the Crisis - your liabilities

2 September 2015
Many businesses are reviewing costs and one of the measures under consideration may include reduction of the workforce.  In accordance with Thai Labour Laws, making staff redundant owing to financial reasons or as a result of the recession is considered to be “termination without cause” and therefore subject to severance payments as follow: -

Termination of Employment

1 September 2015
The Labour Protection Act B.E. 2541 (1998) (“the Act”) applies to all businesses operating in Thailand.  The employer/employee relationship is regulated under Thai law, including matters relating to the termination of an employee.

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