Article Category - Thai Tax Tips

Yesterday, one farang client asked me why the financial statement I provided for him showed a lot of ‘non-deductible expenses.’ I therefore went through one month of his outgoing expenses and explained one by one which one was deductible and which was ‘non-deductable.’

The majority of us will have to file a Personal Income Tax return for 2009 by 31 March 2010.

If you plan to buy or sell a property, I advise for you to do this as soon as you can, so that you may enjoy the curent Thai tax promotion rate.

Running a business here in Thailand, we all know that we have to pay VAT when providing services locally but not everybody knows whether VAT must be paid on income attached to services provided abroad.

Times are changing in the world. The Taw.Paw .155/2549 was issued to amend # Taw.Paw.1/2528 and provides guidance on the application of accrual basis for certain kinds of businesses. Here's a list of the major changes from Taw.Paw.1/2528: