- The caretaker Cabinet has extended the 7% VAT for another year, from October 1, 2025, to September 30, 2026, to avoid economic impact. This decision was made to prevent a potential increase to 10% VAT and to mitigate the ongoing economic crisis. The caretaker government also acknowledged a report on the 10,000-baht handout project, which positively impacted the economy.
Source: nationthailand.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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