“Shop Dee Mee Kaen” returns again in 2024 with a new name: “Easy E-receipt” tax reduction measure. stimulate spending Under the changed conditions, that is, “a full tax invoice must be issued. in electronic form through the Revenue Department’s e-Tax Invoice & e-Receipt system” with a maximum value of 50,000 baht.
In addition to the general product and service categories There is another product category that many people still don’t know that can be used for deductions as well, which is “asset buying and selling services for investment” including “gold” and “cryptocurrencies.” ”
But the question is, how to invest in gold and cryptocurrencies? How much can you reduce? And what are the conditions? We will find the answers together in this article.
Gold – Cryptocurrency joins Easy E-Receipt
For gold and cryptocurrencies Participate in the Easy E-receipt measure as well. However, the entire gold purchase amount And cryptocurrencies cannot be used to calculate tax deductions. but can be calculated only ‘Service charge’ arising from trading Which in this case is
- Compensation from gold trading
The Gold Traders Association has announced the recommended premium value at a minimum of 500 baht per one baht of gold. Gold shops usually set the bonus at 500 – 800 baht per baht of gold.
If you want to invest in gold so that the bonus reaches the ceiling of 50,000 baht, you must:
- Invest an amount of at least 3.42 million baht for a gold shop that charges a 500 baht bonus.
- Invest an amount of at least 2.13 million baht for a gold shop that charges a bonus of 800 baht.
(Gold price as of 9 Jan. ’23: 34,150 baht/gold baht)
- Fees paid for trading digital assets
Examples of digital asset trading centers (Exchanges) in Thailand that participate in the Easy E-receipt project are: Bitkub If you want to use Bitkub’s services in order to use the full discount of 50,000 baht, you must:
- Buy or sell cryptocurrencies worth 20 million baht with a fee of 0.25%.
For each cryptocurrency There are different withdrawal fees, such as
- Bitcoin: Must withdraw Bitcoin worth 172.41 million baht.
- Ethereum : Must withdraw Ethereum worth 15.63 million baht.
- Tether : Must withdraw Tether worth 6,250 baht.
- Fees paid for digital asset withdrawals and withdraw baht
- Fees paid for exchanging coins for fee credits (Fee Credit)
For the case of exchanging fees and using fee credits to pay fees, Bitkub gives an example of exercising rights as follows:
Mr. Jingjai brought KUB coins to exchange for Fee Credit worth 100,000 baht on January 2, 2024 and received a 20% bonus worth 20,000 baht.
- Mr.sincereYou will receive a receipt/electronic tax invoice. For spending worth 100,000 baht by January 3, 2024
- If by February 15, 2024, Mr. Jingjai uses all of the said fee credits. Mr. Jingjai will be able to use the right to deduct 50,000 baht, which is the maximum amount that can be deducted.
- If Mr.Jingjai does not use the exchanged fee credits at all during the period 1 January – 15 February 2024, Mr.Jingjai will not be able to use his tax deduction rights in this case.
summarize
Investing in Gold and Cryptocurrencies Can be used for tax deduction But it must be traded through a digital asset trading center (Exchange) that participates in the Easy E-receipt measure and must have an electronic tax invoice (e-Tax Invoice) only.
However, the conditions for tax deduction depend on the trading fees of each asset class. Which may have different fees, so before investing You should study the details of the tax deduction conditions carefully.
Source: amarintv
2024-01-10 02:59:25
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