March - April 2022
Dear Members,
I would like to take the opportunity to use this Chairman’s Message to inform members of the progress of the Club’s developments on important matters.
As Members are aware that following the new land and building tax law’s promulgation, the Club, as a tenant of land and building under the Crown Property Bureau’s lease agreement, is liable to pay such tax. The Fiscal Policy Office has assessed the considerably high tax which the Club has to pay, but due to the widespread of COVID-19 pandemic, the Club got 90% tax reduction under the sports scheme. However, this year the Club may not be able to get such tax reduction which the General Committee is prepared to manage and find solutions to resolve this tax issue.
Over the past two years, the Club has taken every effort to prevent the spread of COVID-19 in order for members to receive the utmost safety when using services and facilities at the Club. The Club will continue to take into account the importance of this issue until the COVID-19 situation is over. Once the situation subsides, sports activities will most likely return to normal as they used to be. This includes the horse racing which is the mission of the Club since its founding. Meanwhile, the Club is trying to encourage the Sports Authority of Thailand to register horse racing as a sport, similarly to equestrian, boxing, and football, etc., which will help reducing the Club’s burden on paying land and building tax accordingly.
As for the progress towards restoring the Clubhouse back to being fully functional and operating under the minimum requirements by law, the architectural and engineering designs are under development according to Members’ wish list and the Club has presented this information through the Club’s various communication channels, including this magazine issue. I sincerely hope to earn your support of the General Committee’s Club management, both in vision and direction, to improve the Club moving forward for stability and prosperity
Dr. Karoon Chandrangsu
Chairman