On 13 December President of a sacred mountain tribes Assistant Minister said the Cabinet (cabinet) approved measures to help the shop. According to the Ministry of Finance proposed tax breaks for the purchase of goods and services. Between 14-31 Dec. 59 but not more than the amount actually paid 15,000 baht by bringing invoices from the operator's income tax. Such measures are expected to boost purchasing power at the end of the year. The money in circulation And help ease the tax burden to individuals. It also stimulates buying power. "The personal income tax exemption to people who have money to buy goods. Or receive services from operators in the VAT system. The tax is expected to lose about 3.2 billion baht, but to increase sales of products or services, make more money circulating in the economy two billion baht, "
President Yusuf said the baking. For years this has increased the number of days under the measure, such as 18 days from the last year, seven days a purchase and can get right to exclude liquor, beer, wine, cars, motorcycles, boats, oil and gas, excluding fees paid to. entrepreneurs are the tour guides, since the property has already excluded as part of the stimulus package. Tourism and the long-term incentive operators into the tax system. This expands the tax base to improve tax collection for the government to
be a President Yusuf said. last year People spend on such measures approximately one million dollars tax cut of approximately Baht 1,200 million, with sales of almost billion baht. This year, there are about one week of the year is expected to spend two million dollars to approximately 2 billion baht
for measures shop assistant federal grant tax relief personnel plain no more than 15,000 baht exercise reduced. tax base net income divided by 8 minimum tax: 1. net income 0 - 150,000 baht per year tax exemption up to 0% 2. net income during 150001-3 billion baht per year tax exemption up to 5%, or 750. 3. baht net income during 350001-5 billion baht per year tax exemption up to 10% or Baht 1,500 4. net income between 500,001 to 7.5 million baht per year in tax, up 15%, or 2,250 THB net income between 5 750 001. - 1 million baht per year tax exemption up to 20% of 3000 net income between Baht 6. 1000001-2 million baht per year in tax, up 25%, or 3,750 THB net income between 7 2000001-4 million baht per year tax exemption. up to 4,500 baht, or 30%, and revenues of more than 4 million baht per year in tax, up 35%, or up to 5,250 baht.
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