SIN TAX INCREASE

[stattointhailand]

Thanks DM ..... shop in Sappasin village put price of Chang up by B1 per bottle last week

Just a thought, but given all these govt departments (in all countries) are putting extra tax on beer & smokes for OUR BENEFIT (Not for their own profiteering ) when are they going to remove all taxes and tell the producers of "Healthy food" to reduce their prices so as the "HEALTHY OPTION" is also the cheapest for the population to buy

[747man]

My Local Mom & Pop Shop have NOT Increased the price of the Cigarettes that I Smoke.....

[Drunk Monkey]

Latest news n info ive got ref the tax increases FROM BKK..

DM is planning a trip to the metropolis to stock up and was informed It appears not one of the many alcohol importers has released any products from customs bond since the 16th of Sept , also non of the Thai brewers are allowing lorries out of the breweries with new beers produced after the 16th (this is the point the tax is paid) and now are amassing huge stocks within the breweries ... this is leading to shortages of core Thai beers already happening in some places including Samui n Phuket ..this could spread nationwide as who knows when customs will make a final calculation decision . I cant see the CED running too long with this as they have not received any duty on alcohol at all since the 15th September .

I cannot comment if this seems to be a pressure tactic by both the brewers n importers or just everyone waiting n edging their bets it just seems crazy that such a huge decision could have been made without prior calculations being done , the addition of new tariffs and products changing categories is compounding the issue ..... TIT .

Suffice to say any retail businesses that have increased prices is simply profiteering .

DM

Thanks DM ..... shop in Sappasin village put price of Chang up by B1 per bottle last week

Regardless if its 1 bt or 100 bt per bottle ABSOLUTELY NO justification for anyone to increase prices as no new beer has been released into the market place post tax rises ..

Expect Thai beer stocks to dwindle in the coming days/weeks , Makro ok for stock YESTERDAY (NO TIGER) but will they get re stocked i suppose that depends on how much they and other supermarkets keep in their respective distribution centers. Pressure tactics or not time will tell how it all pans out .

DM

[stattointhailand]

Suppose it wont make a lot of difference if there's no beer available during October ........... sounds like the bars will be shut half the month anyway

[macca46]

Ma & Pa shop where I occasionally stop for an Archa on the way home was 30 B first time after the announcement still 30 this week has put it up to 35 B big time profiteering so he just lost my custom stupid THAI'S, will they ever learn?

[stattointhailand]

Ma & Pa shop where I occasionally stop for an Archa on the way home was 30 B first time after the announcement still 30 this week has put it up to 35 B big time profiteering so he just lost my custom stupid THAI'S, will they ever learn?

It does truly amaze me macca ......... the fact that I will now be stopping at 7/11 or somewhere else on my way home for my 2 3 or 4 beers isn't just going to cost them B2 B3 or B4 at time, as I wont be getting all the other bits and pieces (kids sweets/cakes etc ) while I'm in their shop
Expect they will put another B5 a bottle on the price as soon as stocks start to dwindle

[Barney]

Coming from the other angle, maybe its not the greed that many think , maybe the ma and pa shop have no idea when they will get stock again.
Supply and demand, get what you can out of their current stock. Christ 1 to 5 bht aint breaking your bank.
Fuel companies do , airlines do it, banks do it and the list goes on and on.
Just my opinion, but if it helps to pick on the weakest, being the little village shop keeper who may have helped you get that beer in short supply previously. And don't raise your voice when it costs another 200 bht overnight for a flight to BKK due to demand. Or raise your voice when the govt raises taxes on anything.

[papafarang]

well they know sooner or later it will go up, and think about it for a sec, one day selling at 50 b a bottle only to find when they get to makro it will cost them 53 baht a bottle to replace. a bit like crazy eyes near me he sells for just 2b profit, if the price goes up 3b he's losing 1b on every bottle he sells, not his fault, he' knows theres a price rise coming , he just don't know how much or when. running a farang place where your profit can be anywhere between 30-100% profit. so if you think your being ripped for 2b a big beer ,concider farang sales where I have seen 100b mark up on a beer. or how about spirits, a cheap tequila only cost 14-15b a shot , how many farang bars sell it for 16b a pop , when was the last time anyone wandered into day and night and got a big leo for 52b ?

[Nigglyb]

Surely whether new stocks have been released yet is irrelevant. Shops will have to replenish at some time & they’ll have to pay the higher price so their selling prices have to go up beforehand to compensate. If I had a shop I wouldn’t be selling stock now at the marked up price of what I paid for it. I’d be selling at the marked up price of what I’m expecting to pay for the next lot.
Isn’t a B5 on a bottle being rather conservative considering the hikes that have been rumoured? I wouldn’t know, don’t dink so doesn’t bother me

[tamada]

Surely whether new stocks have been released yet is irrelevant. Shops will have to replenish at some time & they’ll have to pay the higher price so their selling prices have to go up beforehand to compensate. If I had a shop I wouldn’t be selling stock now at the marked up price of what I paid for it. I’d be selling at the marked up price of what I’m expecting to pay for the next lot.
Isn’t a B5 on a bottle being rather conservative considering the hikes that have been rumoured? I wouldn’t know, don’t dink so doesn’t bother me

...and charging a higher price on EXISTING stock to make profit on stuff you haven't even bought yet is called profiteering.

[stattointhailand]

Err Which Thai univ did you get your Economics degree from Niggly?

[747man]

Surely whether new stocks have been released yet is irrelevant. Shops will have to replenish at some time & they’ll have to pay the higher price so their selling prices have to go up beforehand to compensate. If I had a shop I wouldn’t be selling stock now at the marked up price of what I paid for it. I’d be selling at the marked up price of what I’m expecting to pay for the next lot.
Isn’t a B5 on a bottle being rather conservative considering the hikes that have been rumoured? I wouldn’t know, don’t dink so doesn’t bother me

...and charging a higher price on EXISTING stock to make profit on stuff you haven't even bought yet is called profiteering.

=D> =D> =D> =D> =D> =D>

[747man]

Err Which Thai univ did you get your Economics degree from Niggly?

----- University Maybe Statts ??

[tutone]

My Local Mom & Pop Shop have NOT Increased the price of the Cigarettes that I Smoke.....

I do not know if this is true, but a vendor at UD town told me that the maker or distributor (lost in translation) of L&M cigarettes is absorbing the tax increase so that the price will remain the same. Only with Thai cigarettes is the tax increase being passed to consumers. The local mom and pop store also told me only Thai cigarettes have a tax increase but she didn't know why. Don't know if this applies to other non Thai brands.

[papafarang]

well I don't , begrudge crazy eyes making his 2b profit , and if he makes it 3b profit on a bottle I don't think I would call that profiteering , they can charge what they like, just like farangs do. what do you call selling small beers for 80b ? that have over 100% mark up , beer cost the same for a thai or a farang to buy . how much do you pay for an imported beer ? is there 2b profit on it. and who knows ,the leo you sell for 52b could be 60b to replace, in fact it might be safer not to sell or hold beer until the increase, better to lose that 24b profit on a case than to find out your next case is 72b more expensive, why do you think all the beer is being held back in the warehouses, simple the importers don't want to release it only to find the tax doubled and they didn't charge enough . is so surely it would be in their interest to get as much through the bond warehouse as soon as possible to avoid the new tax ? their not profiteering are they ? just making sure what the sell is making profit. heres an example a wholesaler buys a can of cider for 50b, he then sells wholesale for 100b, the retailer sells for 180b, so all of a sudden the wholesaler finds his cider is now 100b for him to buy, lucky for him he was selling it for 100b anyway so all that happens is he lost a bit of profit. when your mark up is not 100% you have to be careful as you might lose, in fact you can almost guarantee your going to lose . that's the problem with price rises when your profit margin is only 2% . big sellers like makro ect can afford to suck it up , imported beer sellers with big profit margins can suck it up. mom and pop can't.

[JimboPSM]

Err Which Thai univ did you get your Economics degree from Niggly?

Surely that would be an MBA and, if a Thai university, it would be from a franchise of Trump University (motto: Taurus excreta cerebrum vincit)

[tamada]

My Local Mom & Pop Shop have NOT Increased the price of the Cigarettes that I Smoke.....

I do not know if this is true, but a vendor at UD town told me that the maker or distributor (lost in translation) of L&M cigarettes is absorbing the tax increase so that the price will remain the same. Only with Thai cigarettes is the tax increase being passed to consumers. The local mom and pop store also told me only Thai cigarettes have a tax increase but she didn't know why. Don't know if this applies to other non Thai brands.

Go back and ask any mom (or pop) shop charging more to show you the official, government tax increase notification. Or did they get an email or maybe a LINE message from the excise chief himself? Or did they, like many others, pull an arbitrary couple or three baht out of their collectives asses?

Based on the ORIGINAL schedule of tax increases being published in the Royal Gazette on a Friday and enforced the following day, I expected the mom & pop stores to make a few baht and paid no mind to it. But the governments cack-handed way of announcing and publishing it BEFORE even meeting with brewers, importers and the like to discuss implementation, then admitting to having got it all wrong in the first place and then unable to decide or announce anything means that the mom & pop stores have a license to print money... until they run out of beer and ciggies. Meanwhile, talking heads in the government still say they are doing spot checks to catch and punish price gougers but looking in all the wrong places while collectively several million baht in potential submarine payments are getting shop owners new tires on the pickup truck so they have a smoother drive back from makro where they are still paying the old prices for beer.

[Nigglyb]

...and charging a higher price on EXISTING stock to make profit on stuff you haven't even bought yet is called profiteering.

Err, no it’s not, it’s called business. Let me guess, when you’re in the Uk & the Chancellor announces fuel will go up at midnight in a certain day, you’re the one arguing with the cashier the next day because their underground tanks must have been filled before the price rise, right?
Ooh, ooh, I’ve got another, when the exchange rate drops a couple of satang, you’re the one making a scene in the bank because all their cash in the till must have been topped up at a higher exchange than the one they’re giving you at the time

No wonder lots of Farang business disappear after a short length of time, probably don’t have enough money to restock

[stattointhailand]

...and charging a higher price on EXISTING stock to make profit on stuff you haven't even bought yet is called profiteering.

Err, no it’s not, it’s called business. Let me guess, when you’re in the Uk & the Chancellor announces fuel will go up at midnight in a certain day, you’re the one arguing with the cashier the next day because their underground tanks must have been filled before the price rise, right?
Ooh, ooh, I’ve got another, when the exchange rate drops a couple of satang, you’re the one making a scene in the bank because all their cash in the till must have been topped up at a higher exchange than the one they’re giving you at the time

No wonder lots of Farang business disappear after a short length of time, probably don’t have enough money to restock

I'd certainly be at the front of the bl**dy line complaining if they put the price up BEFORE the tax rise was supposed to be added

[felixcat]

I don't know why so many are talking about spending 1-4 bt more, when, if you had a brain and bought the whole case you could get Heineken at 790x12 =65 baht per bottle. This is why sellers make money off you dumbed down people.
I know you idiots are going to ask me "where"......across from Makro.
Don't bother me.................