The government suggests tax reduction through Easy E-Receipt.

Bangkok, The government recommends spending from Jan. 1 - Feb. 15, 2024, emphasizing the request for e-Tax Invoice or e-Receipt to request a tax deduction. Mr. Chai Watcharong, spokesman for the Prime Minister's Office, said that he would like to remind Thai people who purchase products or receive services through the "Easy E-Receipt" measure from January 1 to February 15, 2024, by requesting evidence in the form of an electronic tax invoice or Electronic receipts (e-Tax Invoice or e-Receipt) totaling up to 50,000 baht can be tax deductible. To support and stimulate domestic consumption. Hoping to be a force to stimulate the country's overall economy to expand. and want to support entrepreneurs in the tax system to use the electronic tax system Encourage entrepreneurs to enter the tax system and use of the electronic tax system Therefore, the measure "Easy E-Receipt" has been established to stimulate spending. By providing tax benefits Which has criteria and conditions according to the Ministry of Finance Regulation No. 391 (2023) issued in accordance with the Revenue Code regarding tax exemptions. to be the cost of purchasing goods or services as follows: (1) the cost of purchasing books, newspapers, and magazines (2) the cost of purchasing books, newspapers, and magazines that are in the form of electronic information via the internet system (3) the cost of purchasing the product of One Tambon One Product which is a product that has been registered with the Community Development Department It does not include purchases of goods or services as follows: (1) purchases of liquor, beer, and wine (2) purchases of tobacco (3) purchases of oil and gas for filling vehicles (4) purchases of automobiles Motorcycles and boats (5) Utilities, water, electricity, telephone signal service and internet signal service fees (6) Service fees that have a service agreement and the service recipient can use such services beyond the period specified in Section 1 (7) Property insurance premiums A government spokesperson has published an answer to clear up doubts as follows: Users of benefits under the Easy E-Receipt measure are natural persons only, excluding general partnerships or groups of persons that are not juristic persons. The tax invoice must contain the name of only one purchaser of the product or payment of the service. The buyer has an address according to his ID card. and the address in the corporate income tax return are different. You can use the address on your ID card or your current address. Must be payment for service and use of service during 1 January 2024 to 15 February 2024 only. Cost of purchasing food in the hotel can be deducted If the hotel can issue a full tax invoice In electronic form, e-Tax Invoice of food purchases can be made. Cost of purchasing a domestic tour package can be deducted If it is the cost of hotel accommodation or tour services between 1 January 2024 and 15 February 2024 and the operator can issue a full tax invoice. In electronic form, e-Tax Invoice is possible. Car repa ir costs can be deducted. If it is a repair and the repair fee is paid between 1 January 2024 and 15 February 2024, and the operator can issue a full tax invoice. In electronic form, e-Tax Invoice is possible. Buying gold jewelry can be deducted from the purchase price. Only the gratuity (according to the value paid VAT) if the entrepreneur can issue a full tax invoice In electronic form, e-Tax Invoice is possible. Utility bills, water bills, electricity bills, telephone bills cannot be deducted as expenses for purchasing goods or services within the country. Source: Thai News Agency