Cabinet cuts excise tax on diesel by a baht per litre for three months

The cabinet agreed today to cut the excise tax on diesel by one baht per litre for three months, effective January 20 until April 19. Deputy Finance Minister Julapun Amornvivat…

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(Photo by PORNCHAI KITTIWONGSAKUL / AFP)

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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