Easy e-receipt programme set to kick off next year in Thailand

[webfact]

 

A newly approved tax refund scheme, aimed at stimulating domestic spending and promoting the use of electronic invoices, is set to kick off early next year, the Finance Ministry confirmed on Monday.

 

The so-called Easy E-Receipt programme allows individuals to claim a tax deduction of up to 50,000 baht on goods and services purchases from businesses backed by the e-tax system, from January 1 to February 15, said the ministry’s spokesman and Fiscal Policy Office chief, Pornchai Thiraveja.

 

However, the tax rebates will not apply to purchases of alcohol, tobacco, cars, motorcycles, boats, vehicle fuel, public utilities, tap water, electricity, phone, internet services, long-term service fees and non-life insurance. The scheme is intended to propel the national economy forward and incentivise business operators to join the tax and e-tax systems, explained Pornchai.

This tax refund initiative is part of broader economic stimulus measures introduced by Prime Minister Srettha Thavisin last month. Initially termed as e-refund, it’s designed for those who do not qualify for the digital wallet scheme.

 

by Mitch Connor

Picture courtesy of Pedrito Sagmit Yco

 

Full story: The Thaiger 2023-12-06

 

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[JoePai]

businesses backed by the e-tax system

 

Who are these businesses ?

[Ben Zioner]

Don't get near it, and use your foreign plastic, or pay cash.

[Tropicalevo]

That will keep the anti-scam police even more busy