To promote and encourage the business

operators to have a greater participation in skills

development by offering an incentive measure in tax exemption and deduction including the rights and

benefits in various cases as well as to establish a

revolving skills development fund to be used for the purpose.

The Skill Development the

Promotion Act B.E. 2545

Justification

This Act required the business operators whose

business falls in the category, type, size and the number of employees and is

operating in the area as prescribed must make a contribution towards the

Fund at the rate not exceeding one percent of

the wage the employers paid in the final year before the

year the contribution starts, except in the case the

training activities have been carried out according to the

requirements.

Important contents mentioned in the Skills Development Fund.

(At present, the second draft requires the business operators of all trades and

areas throughout the country with over 100

employees must make a contribution towards the Fund at the rate of one

percent of the wage paid in a year. The calculation of contribution is based on

the wage at the same rate fixed by the Ministry of

Labour and on the number of employees who have not

received training)