webfact Posted October 15, 2014 Share Posted October 15, 2014 Tourism tax approved to stimulate domestic tourismBANGKOK: -- Domestic tourism is expected to boom after the government approved tourism tax that will allow the people and businesses to deduct tourism expenses from their annual tax payment.Under the measure approved Tuesday, businesses and private individuals will be eligible for tax deductions on expenses until Dec 31 next year.Government spokesman Yongyuth Maiyalap said the tax break will cost one billion baht in lost tax revenue.He said individuals who buy local package tours or hotel accommodation will be able to list the purchases as deductible expenses against their taxable income for the year. The deductible amount is set at no more than15,000 baht.This part of the policy is expected to cost 400 million baht, he said.However for businesses, the spokesman said they will be able to use the tax breaks to provide residential training programmes for employees.The expenses for such programmes will be tax-free and will cost the government 600 million baht.He said the measures will come into force once it is published in the Royal Gazette.He said the government hoped the tax breaks could also generate three billion baht for the tourism industry in the country.Source: http://englishnews.thaipbs.or.th/tourism-tax-approved-stimulate-domestic-tourism/ -- Thai PBS 2014-10-15 Link to comment Share on other sites More sharing options...
Popular Post Thai at Heart Posted October 15, 2014 Popular Post Share Posted October 15, 2014 Considering almost no one files for taxes in the country, this will be an interesting one. 28 Link to comment Share on other sites More sharing options...
Popular Post seajae Posted October 15, 2014 Popular Post Share Posted October 15, 2014 so they are going to make it cheaper for thais to visit Thailand while ripping off all the ferangs that want to visit by increasing their costs such as the recent rise in ferang admission costs and of course the increase in hotel fees to cover all the losses from lack of tourists , who thought up this one....... 8 Link to comment Share on other sites More sharing options...
Popular Post Thailand Posted October 15, 2014 Popular Post Share Posted October 15, 2014 A lot of straws and clutching going on. 5 Link to comment Share on other sites More sharing options...
NongKhaiKid Posted October 15, 2014 Share Posted October 15, 2014 A lot of straws and clutching going on. A bit late with the other thread that more are going overseas for a holiday. Maybe the general should restrict leaving the country to himself, those and such as those and officials on junkets, sorry mean fact finding missions. Link to comment Share on other sites More sharing options...
iReason Posted October 15, 2014 Share Posted October 15, 2014 1 Link to comment Share on other sites More sharing options...
Toknarok Posted October 15, 2014 Share Posted October 15, 2014 Many members of this forum claim they pay taxes. Will this affect them? Link to comment Share on other sites More sharing options...
JOC Posted October 15, 2014 Share Posted October 15, 2014 Many members of this forum claim they pay taxes. Will this affect them? Yes, they will get twice as many rebate-coupons at 7-Eleven, when buying their Chang's!! 1 Link to comment Share on other sites More sharing options...
Bluespunk Posted October 15, 2014 Share Posted October 15, 2014 Many members of this forum claim they pay taxes. Will this affect them? Why the 'claim' bit? I guess anyone filing their tax returns should be able to apply for it. P.S. we all pay indirect tax, so everyone is paying tax one way or another. 1 Link to comment Share on other sites More sharing options...
ChrisY1 Posted October 15, 2014 Share Posted October 15, 2014 Considering almost no one files for taxes in the country, this will be an interesting one. I disagree somewhat... Where does the government then get it's revenue? Government employees including military, police, hospitals and etc. do have tax payments......a lot of people. Vehicle manufacturers, larger industries, retail and so on, also deduct tax from their employees if they are paid over the tax free thresh-hold, and of course there's the company tax. But, 15k as a deduction is hardly going to make a dent.. 1 Link to comment Share on other sites More sharing options...
wileycoyote Posted October 15, 2014 Share Posted October 15, 2014 Wishful thinking ! 1 Link to comment Share on other sites More sharing options...
Chris Lawrence Posted October 15, 2014 Share Posted October 15, 2014 This should vastly improve the lifestyle of the farmers up north? Haven’t they lost money? Shouldn't they be increasing taxes to pay for things? International tourism is down? So fill it with Thais. Link to comment Share on other sites More sharing options...
gemini81 Posted October 15, 2014 Share Posted October 15, 2014 (edited) Hub of policy jokes. If you want more in tax revenue, first make the others beyond the mere 8 million pay personal income tax. Re-think low season and business plans, marketing strategies, attract locals, which is a more stable base. C'mon. Edited October 15, 2014 by gemini81 Link to comment Share on other sites More sharing options...
nithisa78 Posted October 15, 2014 Share Posted October 15, 2014 so they are going to make it cheaper for thais to visit Thailand while ripping off all the ferangs that want to visit by increasing their costs such as the recent rise in ferang admission costs and of course the increase in hotel fees to cover all the losses from lack of tourists , who thought up this one....... just pay up. say thank you or watch the door as you're leaving. be happy. Link to comment Share on other sites More sharing options...
Sunedk Posted October 15, 2014 Share Posted October 15, 2014 I'm a "farang" paying 4,000+ Baht taxes per month. Can I deduct as well? 1B spent 1B deduction? 1 Link to comment Share on other sites More sharing options...
ExPratt Posted October 15, 2014 Share Posted October 15, 2014 Another Scheme/Scam that they wont pay out on Link to comment Share on other sites More sharing options...
HeijoshinCool Posted October 15, 2014 Share Posted October 15, 2014 All these silly daily announcements is taxing. Link to comment Share on other sites More sharing options...
Jim walker Posted October 15, 2014 Share Posted October 15, 2014 Only quality domestic tourists wanted not your usual rif raf that used to block all the streets in Bangkok or choke up the airport last time locals went touring in Thailand 1 Link to comment Share on other sites More sharing options...
samuibeachcomber Posted October 15, 2014 Share Posted October 15, 2014 Where do they dream this sh.t up from.........................worth nothing unless people start to come back for a visit.Last idea from dear old yingluck was a 500 baht arrival tax for tourist on arrival. Link to comment Share on other sites More sharing options...
samuibeachcomber Posted October 15, 2014 Share Posted October 15, 2014 Oh domestic tourism....i cannot read.Ok and just what % of GDP is domestic tourism? Thais only get 1 day off a week if they are lucky. Link to comment Share on other sites More sharing options...
upena Posted October 15, 2014 Share Posted October 15, 2014 Spend one billion baht in hopes of getting 3 billion. Chok Dee Link to comment Share on other sites More sharing options...
RTH10260 Posted October 15, 2014 Share Posted October 15, 2014 so they are going to make it cheaper for thais to visit Thailand while ripping off all the ferangs that want to visit by increasing their costs such as the recent rise in ferang admission costs and of course the increase in hotel fees to cover all the losses from lack of tourists , who thought up this one....... but but but businesses get a writeoff for residential training programs where they teach how to accomodate for Quality Tourists on the future Link to comment Share on other sites More sharing options...
VINCENT2012 Posted October 15, 2014 Share Posted October 15, 2014 well the poor never go on holidays and until the economy and the wages dont go radically up in thailand the inside tourism will stay as poor as it is today ...with tax or no tax. as simple as that Link to comment Share on other sites More sharing options...
Popular Post Time Traveller Posted October 15, 2014 Popular Post Share Posted October 15, 2014 Why do the headlines never match the stories ? Just a note to the editor of this article. It's not a tax, this idea is for a tax deduction. 3 Link to comment Share on other sites More sharing options...
Time Traveller Posted October 15, 2014 Share Posted October 15, 2014 Why do the headlines never match the stories ? Just a note to the editor of this article. It's not a tax, this idea is for a tax deduction. Link to comment Share on other sites More sharing options...
HUAHIN62 Posted October 15, 2014 Share Posted October 15, 2014 Many members of this forum claim they pay taxes. Will this affect them? Yes I will be using this tax break. Will visit Chang Mai and stay longer to derive the maximum benefit. I will first get all the info before starting to spend, many times the news gets it wrong or dont contain all the details. Link to comment Share on other sites More sharing options...
eddie61 Posted October 15, 2014 Share Posted October 15, 2014 How about actually giving the refunds that have been on the books for years: VAT refunds for certified exports and losses carried forward for 5 years, both of which are very much at the discretion of tax authorities. Thailand looks more and more like a failed state. Link to comment Share on other sites More sharing options...
Carrerakiss Posted October 15, 2014 Share Posted October 15, 2014 Well, I guess it's an idea. But it smacks of being a populist policy using public funds. In reality it is nothing more than a subsidy for the tourism industry, to go along with the ones for rubber, rice and I dare some others that I don't know about. I've said it before and I'll say it again, subsidies are not sustainable in the long term. Better to spend the money on improving the tourism product so that people want to buy it. Link to comment Share on other sites More sharing options...
rwdrwdrwd Posted October 15, 2014 Share Posted October 15, 2014 (edited) Edit - as others mentioned, this is not a tax, it's a tax deduction. Edited October 15, 2014 by rwdrwdrwd Link to comment Share on other sites More sharing options...
bkkdawg Posted October 15, 2014 Share Posted October 15, 2014 That General is just brainstorming every day! His ideas are so logical, not.. Link to comment Share on other sites More sharing options...
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