Every individual with income has the responsibility to file and pay personal income tax. The Revenue Department has established a minimum assessable income level for individuals required to file a tax return.
In response to the global crisis of COVID-19 that has had substantial impacts on economies worldwide, including Thailand, slowing economic growth, measures to reduce and exempt taxes have been introduced to stimulate the economy.
Ever since the outbreak of COVID-19 worldwide, beginning in early 2020, its increasing severity has impacted globally, compelling every country to implement protective measures and control the disease by limiting travel into their territories.
Individual income taxpayers can participate in the political process and contribute to the strength of their preferred political parties. Since the tax year 2008
Paying taxes is a crucial responsibility of every citizen as it provides revenue for the government. This revenue is allocated to the national budget for managing the country.
Individuals who earn income are obligated to pay personal income tax, and due to the diverse sources of these earnings, the law has classified income (assessable income)
Personal Income Tax is a tax collected from the general public who have any type of income. Unless there are laws granting exemptions, they are subject to tax.
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