Mutual Termination of an Employment Agreement

In Thailand, the main ways an employment agreement are terminated are through employee resignation or the employer terminating the employee either with or without cause. However, another way in which an employee-employer relationship can be terminated is through a mutual separation agreement whereby both parties (employer and employee) mutually agree to terminate the legal employee-employer relationship. In this article, we shall discuss several key issues relating to this type of contract as well as what topics should be covered in such agreements. What is the key benefit to employers if they mutually terminate the employee relationship with their employee? The key advantage to mutual termination is that it can help to prevent an employee claiming unfair termination compensation from their employer after termination takes effect. However, it is worth noting that even after an employee signs such an agreement which […]

Tax Newsletter AUGUST 2021

DLO’S Tax Newsletter Issue 121 August 2564 Tax Law Update 1. Income Tax & value-add tax (“VAT”) exemption for a donation to National Vaccine Institute. 2. Extension of income tax & VAT exemption for importing COVID-19 prevention products for donations. 3. Tax measures to support a transfer of collateral assets for debt repayment. 4. Improvement on the criteria to write off bad debts from receivable account Tax News 1. Stipulating the criteria for a refund of withholding tax from interest through Electronic Withholding Tax systems Interesting Deka Deka (Supreme Court Judgement) No. 8376/2563 Between     Company Wor         Plaintiff           Customs Department     Defendant Issue: Power to sue in case the plaintiff appeal against the assessment of import duty and value added tax separately Tax Law update 1. Income Tax & VAT exemption for a donation to National Vaccine Institute.      The Royal Decree (No. 719) B.E. 2564 […]

Tax Newsletter JUNE 2021

DLO’S Tax Newsletter Issue 119 June 2021 Tax Law Update 1. Amendment of the procedure to write-off bad debts from debtor account 2. The procedure of deduction and remittance of the assessable income for repayment of Student Loan Fund (Gor Yor Sor.) 3. Extension of the filing and payment schedules for withholding tax and VAT returns via the internet. 4. Corporate Income Tax (“CIT”) exemption for income paid for participating in a seminar in Thailand 5. CIT exemption for promoting and supporting the e-tax system Tax News 1. Tax measures to encourage ex-convict employment. 2. Tax measures to encourage the vaccine procurement donation 3. Tax measures to encourage Small and Medium-sized Enterprises (SMEs) into a digital economy 4. Extension of tax measure encouraging Human Resources Development for Industry 4.0 and tax measure for supporting the relocation of production facilities of […]

The Employee Committee – An Overview

The Labour Relations Act (B.E. 2518) of Thailand (LRA) provides that in a place of business which has 50 or more employees, the employees can (but are not obligated to) establish an Employee Committee. This article shall examine key aspects of these Committee’s including their objectives, membership, rights & obligations and legal requirements for their meetings. Purpose of the Employee Committee The main objective of an Employee Committee is to foster and sustain good relations and communication between staff and their employer through meetings which must be held from time to time in accordance with the law. Such meetings provide a forum in which the employees and their employer can discuss various matters affecting the workplace such as welfare, staff complaints, staff suggestions/ recommendations and other issues impacting the workplace such as upcoming changes in the workplace. Membership of the […]