Tax hikes may be unavoidable in post-COVID economy  

COVID-19 has dealt a double blow to Thailand’s finances, reducing tax revenue while increasing the amount of money the government must spend to keep the economy afloat. The Cabinet recently…

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Thailand’s PM promises help for domestic low-cost airlines

Seven of Thailand’s domestic low-cost airlines have been promised a new lease of life, after Prime Minister Prayut Chan-o-cha agreed to help, starting with the injection of 24 billion baht…

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Finance rolls out tax measures to help businesses to keep their employees

Thailand’s Finance Ministry has introduced tax measures to help cushion the serious economic impacts of COVID-19 on businesses and employment. The Finance Ministry’s spokesman, Mr. Thanakorn Wangboonkongchana, said today that,…

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Government denies it has increased taxes on feminine hygiene products

The Government has refuted a report that sanitary napkins have been classified as a luxury item and excise tax on them has been increased to 40%. The report went viral…

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Excise tax on food with high content of fat and salt being pondered

The Excise Department is pondering imposing tax on processed food with high content of fat and/or salt or sodium as part of the attempts to protect the health of consumers. Describing…

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