Government
Taxation
New land tax bill nears NLA approval
Deputy Finance Minister Wisudhi Srisuphan has hailed the bill on land and buildings tax, which is on the verge of sailing through the National Legislative Assembly (NLA), as a significant overhaul of the tax structure.Keep reading ...
Aekarach Sattaburuth
Latest tax break covers B60k of prenatal care, childbirth costs
The Revenue Department is letting individual taxpayers claim an income tax deduction for prenatal care and childbirth expenses of up to 60,000 baht per tax year, with retroactive effect from Jan 1 this year, according to a department announcement. Keep reading ...
Wichit Chantanusornsiri
Social welfare cardholders to be exempted from VAT
The Ministry of Finance will seek cabinet approval for its latest scheme to exempt social welfare cardholders from the value-added tax (VAT). Finance Minister Apisak Tantivorawong said today (Sep 09) that the new scheme will help 11.4 million low-income earners enrolled in the social welfare ...
Thammarat Thadaphrom
VAT exemption repeal in view
The Revenue Department says the draft bill on revocation of the value-added tax (VAT) exemption for online purchases of goods worth less than 1,500 baht from vendors outside of Thailand that are shipped by mail will be ready soon. Keep reading ...
Wichit Chantanusornsiri
Dozens of foreign firms forecast to get on VAT train
The Revenue Department anticipates that 80-100 large foreign-based digital platform operators that render services to Thai consumers will sign up as value-added tax (VAT) registrants in Thailand after the e-business tax comes into force. Keep reading ...
Suchit Leesa-Nguansuk and Wichit Chantanusornsiri
VAT return scheme for poor shaping up
The planned repayment of value-added tax (VAT) to government welfare smart card holders is expected to take shape by the end of this year, a move meant to improve their purchasing power.Keep reading ...
Wichit Chantanusornsiri
Windfall tax on properties clears Cabinet
The Cabinet has given the green light to a draft bill on windfall tax relating to tax collection from owners of properties worth more than Bt50 million that have benefited from transport projects.Keep reading ...
Somluck Srimalee
Revenue Department eyes AI upgrade
The Revenue Department has outlined its plan to adopt artificial intelligence (AI) in tax management to transform the tax-collecting agency into a fully digital organisation and improve efficiency. Keep reading ...
Wichit Chantanusornsiri
Customs Department will construct new customs houses.
Mr. Somchai Satchapong, Director-General of the Customs Department, said that he was speeding up the process of upgrading, expanding and constructing 7 customs houses in line with the Government’s announcement of the special economic zones. The proposed 7 customs houses include 1) Mae Sot district ...
