The Phuket News Novosti Phuket Khao Phuket

Login | Create Account | Search


Businesses request vaccine tax relief

BANGKOK: The government is being encouraged to allow companies to have the cost of providing COVID-19 vaccines to their employees deducted from their corporate tax, as an indirect economic stimulus.

CoronavirusCOVID-19Vaccine
By Bangkok Post

Wednesday 4 August 2021, 08:11AM


Many construction sites have been forced to shut across the country. Photo: Wichan Charoenkiatpakul

Many construction sites have been forced to shut across the country. Photo: Wichan Charoenkiatpakul

On average, the cost of importing a COVID-19 vaccine per employee is B2,000, or about B2 million for a company with 1,000 employees such as a construction firm whose worker camps are being shut due to COVID-19 outbreaks, said Kobsak Pootrakool, a former PM’s Office minister.

The cost of suspending operations at a factory or shutting down a construction site, meanwhile, is estimated to be between B5mn to B10mn per day, which is far higher than the cost of providing COVID-19 vaccines to workers, he said.

Mr Kobsak, who is now a senior executive vice president of Bangkok Bank, was speaking at a recent Facebook live streaming talk hosted by veteran journalist Suthichai Yoon.

Aside from construction companies, other types of businesses also have a large number of employees to take care of such as department stores and restaurant chains, he said.

If these businesses can operate after getting their workers vaccinated against COVID-19 they will contribute greatly to efforts to keep the country’s economy afloat, he said. While these businesses take care of COVID-19 vaccinations for their employees, the government will be able to focus its vaccination efforts on the more vulnerable groups, he said.

The current wave of COVID-19 is severe and Thailand requires swift action to successfully contain it as soon as possible or else scenarios could replicate those in the US, Europe and India previously, he said.

Prime Minister Prayut Chan-o-cha’s promise to clear away all hindrances to the country importing COVID-19 vaccines is a positive sign for companies eager to import vaccines themselves, said Mr Kobsak.

The government needs a quicker approach to deal with the outbreak as the number of new infections remains high despite the lockdown being in place for almost a month, he said.

He also urged the government to transfer funds directly to the provinces to help their fight against COVID-19.

Comment on this story

* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.

CAPTCHA

Be the first to comment.

 

Have a news tip-off? Click here

 

Phuket community
Access restrictions on Phi Phi Island extended

A missed chance to make Phi Phi island a Covid study project. All people living there, patients and...(Read More)


Phuket study confirms subdermal injections using less vaccine more effective as boost jabs

A blood test on antibody level before 3rd 'booster' vaccination is advisable. It gives insig...(Read More)


Phuket study confirms subdermal injections using less vaccine more effective as boost jabs

A few friends got 2 Sinovac vaccinations. Last week they got 1 AZ 'booster' vaccination. The...(Read More)


Phuket marks 236 new COVID cases, five deaths

For weeks now the infection numbers have been steady around plus or minus 230. This is statistically...(Read More)


Phuket study confirms subdermal injections using less vaccine more effective as boost jabs

Mr Kurt, Phuket, or Thailand, is not the leader of this research. A dutch study into this method of ...(Read More)


Phuket study confirms subdermal injections using less vaccine more effective as boost jabs

I think they are already doing it at Thalang hosp., or the nurse is extraordinarily talented with a ...(Read More)


PPAO moves to set up cheap ATK test centre

Fixed price for all or will there be a 'falang tax'?...(Read More)


Parents given until Sept 24 on vaccines for schoolchildren

Clear evidence that people aren't informed. All these jabs are perfectly safe at least for anyon...(Read More)


Expat Phi Phi GM found dead

Sad news. RIP. Lets hope the immigration service can get to the bottom of it? Genuine procedu...(Read More)