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Revenue Department of Thailand : Tax allowance for purchasing OTOP Goods, Books and Tires

Revenue Department of Thailand : Tax allowance for purchasing OTOP Goods, Books and Tires

January 8th, 2019

Revenue Department News News No. : 13/2019 Date : 14 th December 2018 Subject : Evidence required for tax allowance for purchasing OTOP Goods, Books and Tires …………………………………………………………………………………………………………………………………………………………… Mr. Pinsai Suraswadi, Acting Principal Advisor on Strategic Tax Administration (Finance and Banking) as spokesman of the Revenue Department, clarified about evidence that shall be used forread more


TAX Deduction to 60,000 baht for 2nd child

TAX Deduction to 60,000 baht for 2nd child

December 8th, 2018

Mrs. Hasakarn Pingkarawat, the Revenue Department Secretary, acting as the Vice-Spokesperson of the Revenue Department, revealed that “On 12th November 2018, the Revenue Code Amendment Act (No. 46) B.E. 2561 was published on the Government Gazette website. The Act specifies the tax deduction amount for the 2nd child and beyond, which shall be applicable forread more


Revenue Department News

Revenue Department News

November 20th, 2018

The Revenue Department cooperates with Office of Insurance Commission(OIC) to link tax allowance data in order to facilitate health insurance policyholders. Dr. Ekniti Nitithanprapas, Director-General of the Revenue Department, co chaired the meeting with Dr. Suthiphon Thaveechaiyagarn, the Secretary General of Office of Insurance Commission to publicize tax measures for promoting health insurance for incomeread more


Ministry ‘firm’ on proposed SSF hikes.

Ministry ‘firm’ on proposed SSF hikes.

October 5th, 2018

Ministry ‘firm’ on proposed SSF hikes More cash for higher monthly contribution  The Labour Ministry has stood firm on its plan to lift the monthly contribution ceiling to the Social Security Fund (SSF) from 750 baht to a maximum of 1,000 baht a month. The contribution rate will still be the same at 5% ofread more


Three-day Blockchain Program

Three-day Blockchain Program

October 2nd, 2018

Blockchain: beyond cryptocurrencies. 3 days to understand the blockchain technology and its applications. Blockchain technology is about to disrupt the old economy and transform our vision of business. The program is designed for anyone with an interest in understanding blockchain technology and cryptocurrencies ,and their global impact on the economy.It is suitable for: 1.) Businessread more


Tax benefit for donors assisting flood victims

Tax benefit for donors assisting flood victims

September 19th, 2018

The Revenue Department would like to announce donors who make donations to help flood victims to government agencies or through companies or juristic partnerships or any other juristic persons registered with the Revenue Department as donating agents are entitled to claim the amount of money or value of donated items as deduction or allowance inread more


Tax exemption for domestic tours

Tax exemption for domestic tours

August 16th, 2018

On 10 April 2018, Ministerial Regulation No. 335 issued by the Revenue Department was published in the Royal Gazette This regulation was issued to promote and support domestic tourism in second-tier tourism provinces by providing personal income tax exemptions for the following payments: Service fee paid to a tour operator under the Tourism Business andread more


Maternity Leave likely to extended by eight days(Thailand)

Maternity Leave likely to extended by eight days(Thailand)

July 5th, 2018

Thai women will likely be able to take eight more maternity leave days, bringing the total to 98 a year. The proposed 98 days will include the leave for prenatal examinations. Anantchai Uthaipattanacheep, director-general of the Labour Protection and Welfare Department, said his office would push for an amendment to the labour protection law soread more


Revenue code revised edition (no. 44)

Revenue code revised edition (no. 44)

February 6th, 2017

His Majesty King Maha Vajiralongkorn Bodindradebeyavarangkun Sign on January 26th, 2017 His Majesty King Maha Vajiralongkorn Bodindradebeyavarangkun has a royal command to announce. Consider approve to revise a Revenue code. Be kind enough to give an ACT stamp that suggest and agree from The National Legislative Assembly as following. Section 1 ACT is called “Revenueread more


Revision of Personal Income Tax Structure entering into force from Tax Year 2017

Revision of Personal Income Tax Structure entering into force from Tax Year 2017

February 6th, 2017

According to the proposal of Ministry of Finance dated on 19th April 2016, The Cabinet approved to revise the Personal Income Tax (PIT) Structure which will enter into force for incomes derived from 1st January 2017. This revision has the following details: 1. The expense for incomes derived from employment, whether in form of salary,read more