THAILAND: Insights on New "Easy E-Receipt" Tax Break
Finance
This update follows an official announcement from the Thai Revenue Department regarding the personal income tax relief for amounts not exceeding 50,000 THB. This new fiscal announcement for 2024 is dubbed "Easy E-Receipt."
The Easy E-Receipt is a tax reduction measure issued by the Thai government to stimulate the purchasing power of tax residents (Thai or foreigners spending more than 180 days per year in Thailand) by helping to reduce income taxes.