Thailand tax and accounting news, regulatory updates and practical guides for businesses operating in Thailand.
Stamp Duty is one of those taxes that lands quietly. There's no monthly filing to remind you it exists — it's due the moment you sign certain contracts. Here's what triggers it and what the rates are.
Read Article →Most guidance on PND 51 warns about underestimating your profit. Few mention that overestimating quietly costs just as much — plus the 50% safe harbor and a cheaper fix if you've already missed the deadline.
Read More →Effective September 1, 2021, foreign businesses rendering e-services to users in Thailand who are not VAT registrants are required to register for VAT if their turnover in Thailand exceeds ฿1.8 million per fiscal year.
Read More →From September to November 2021, SSF contributions were reduced to 2.5% (from 5%) of base salaries for both employees and employers, capped at ฿375.
Read More →From June to August 2021, monthly SSF contributions were reduced to 2.5% of base salaries for both employees and employers, capped at ฿375 per month.
Read More →From February to March 2021, employee SSF contributions were reduced to 0.5% of base salaries (capped at ฿75) and employer contributions to 3% (capped at ฿450).
Read More →Companies that fail to submit their audited financial statements to the Department of Business Development on time face fines ranging from ฿2,000 to ฿4,000.
Read More →From September to November 2020, monthly SSF contributions were reduced to 2% of base salaries for both employees and employers, capped at ฿300 per month.
Read More →From 2020 to 2024, Super Savings Funds replaced Long-Term Equity Funds for tax allowance purposes, allowing deductions of up to 30% of gross assessable income, capped at ฿200,000.
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