Home » Business » Easy E-Receipt: Government Announces Tax Benefits for Purchases and Services from Jan 1 – Feb 15, 2024

Easy E-Receipt: Government Announces Tax Benefits for Purchases and Services from Jan 1 – Feb 15, 2024

House 4 Jan. – Government spokesperson emphasizes 1 Jan. – 15 Feb. 2024 if you purchase products or receive services as specified. Request an electronic tax invoice To be able to reduce taxes

Mr. Chai Watcharong, Spokesman of the Prime Minister’s Office Mentioning the “Easy E-Receipt” measure to remind Thai people who buy products or receive services. As required by law From January 1 to February 15, 2024, request evidence of an electronic tax invoice. or electronic receipt (e-Tax Invoice or e-Receipt) total amount up to 50,000 baht can be tax deductible.

A spokesman for the Prime Minister’s Office stated that Mr. Settha Thavisin, Prime Minister and Minister of Finance, Support to stimulate domestic consumption It is believed that it will be a driving force to stimulate the overall economic growth of the country. 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 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

“This does not include the following purchases of goods or services: purchases of liquor, beer, and wine, purchases of tobacco, purchases of oil and gas for filling vehicles, purchases of automobiles. motorcycle and boats, utility bills, water bills, electricity bills, telephone signal charges and internet signal service fees, service fees that have a service agreement and the service receiver can use such services beyond the period specified in Section 1, and insurance premiums,” Mr. Chai said.

Spokesperson for the Prime Minister’s Office also said People who use the benefits according to the Easy E-Receipt measures are natural persons only, excluding general partnerships or groups of persons that are not juristic persons. As for the tax invoice, there must be only one name of the 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. and must be for payment of service fees and use of services between 1 January 2024 and 15 February 2024 only

For the 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. As for the 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.

while car repair 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.

As for the purchase of gold jewelry, it 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 can be used for utility bills, water bills, electricity bills, telephone bills. They cannot be deducted as expenses for purchasing goods or services within the country.-316.-Thai News Agency

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2024-01-04 03:27:45
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