Thailand’s accumulated state revenues, collected through the Revenue Department, reached over 646.2 billion baht during the first four months of the 2025 fiscal year, up 3.8% year-on-year, or more than 23.4 billion baht.
The department’s director general, Pinsai Suraswadi, said that accumulated state revenues from October 1, 2024, to January 31, 2025, also exceeded the initial estimate by 7.6 billion baht, or 1.2%.
Pinsai stated that of the total accumulated revenues, his department directly collected and transferred the larger portion—over 488.1 billion baht—to the state coffers, marking a 5.6% increase year-on-year and a 2.5% rise from the initial estimate.
However, he noted that the remaining state revenues during the four-month period came from value-added tax (VAT) levied on consumer products, both domestically produced and imported.
According to Pinsai, VAT collected from domestic purchases increased by 13% year-on-year and by 10.4% compared to the estimate, while VAT from imported goods rose by 7.9% year-on-year and by 2.4% from the initial estimate.
Meanwhile, the director-general urged domestic income earners to complete and submit their personal income tax forms to the Revenue Department—either in person at branch offices nationwide by March 31, 2025, or online at www.rd.go.th by April 8, 2025.
