Food receipts during April 9-17 can be used as tax deductible

[webfact]

Food receipts during April 9-17 can be used as tax deductible



BANGKOK: -- Keep your food receipts the next time when you dine at a restaurant during April 9-17 because they can be used as tax deductible for up to 15,000 baht.

Tourism and Sports Minister Kobkarn Wattanawarangkoon said Tuesday that the tax deductible of up to 15,000 baht for food receipts would encourage more restaurants to enter the tax system.

Moreover, expenses used to hold seminars or training courses can be used as tax deductible for up to twice the actual amount of the expenses paid.

The tourism minister estimated that there would be about 2.6 million tourists during the Songkran festival. Of these, 2.1 million are Thais and the rest foreigners. Tourism during the festival is expected to generate 15 billion baht in revenue.

But due to serious drought problem this year, Songkran festival has been shortened to just two days and revelers have been advised to use water conservatively.

In Chiang Mai, the festival will be celebrated a bit longer than the rest of the country because this year marks the 720th anniversary of the founding of the city.

Source: http://englishnews.thaipbs.or.th/content/157371


-- Thai PBS 2016-03-30

[leeneeds]

thank you , i will go out to a Japanese restaurant,

i am looking for an investor "s for my new invention

fake water.

[canuckamuck]

In Chiang Mai, the festival will be celebrated a bit longer than the rest of the country because this year marks the 720th anniversary of the founding of the city.

720 is that some kind of auspicious number or something. Seems that they would have an anniversary every year.

[thesetat2013]

In Chiang Mai, the festival will be celebrated a bit longer than the rest of the country because this year marks the 720th anniversary of the founding of the city.

720 is that some kind of auspicious number or something. Seems that they would have an anniversary every year.

They do... They just don't use that as an excuse

[leeneeds]

In Chiang Mai, the festival will be celebrated a bit longer than the rest of the country because this year marks the 720th anniversary of the founding of the city.

720 is that some kind of auspicious number or something. Seems that they would have an anniversary every year.

They do... They just don't use that as an excuse

lucky ? buy the lottery number 720

[clockman]

The good generals wife , clutching at straws! Without the Chinese tourists? Newer safer destinations are calling.

[Usual Suspect]

Before claiming tax back at restaurants all the Chinese have first got to PAY the bill!

[Fookhaht]

Personal Income Tax for Thailand residents or VAT refund for foreign tourists?

Edited March 30, 2016 by Fookhaht

[FloridaExport]

In Chiang Mai, the festival will be celebrated a bit longer than the rest of the country because this year marks the 720th anniversary of the founding of the city.

720 is that some kind of auspicious number or something. Seems that they would have an anniversary every year.

Thais celebrate cycles of 12 years. This would be the 60th cycle for the city.

I only know this because they mention the coolest pieces of artwork were commissioned for the 4th, 5th, 6th, etc. birthday cycles of the King and Queen at the Queen Sirikit Museum of Textiles.

Edited March 30, 2016 by FloridaExport

[maoro2013]

Personal Income Tax for Thailand residents or VAT refund for foreign tourists?

Yes, I agree, who'd know from the story?

[Srikcir]

the tax deductible of up to 15,000 baht for food receipts would encourage more restaurants to enter the tax system.

How would food receipts received by restaurant customers encourage restaurants to enter the tax system?

To the restaurants customer receipts are taxable revenues. But food receipts might encourage customers to file tax returns to get the deduction so long as the tax return as a whole doesn't result in more taxable income.

[NickJ]

It could create havoc as well. I used receipts for taxes here. For food and gas....The problem is you need a special receipt with your name and or company name on it. This always takes about 10 or 15 min to get.