- The Thai government has decided to extend the current 7% value-added tax (VAT) rate for another year, from October 1, 2025, to September 30, 2026, instead of increasing it back to the official 10% rate. The VAT rate was originally reduced from 10% to 7% in 1997 during the financial crisis and has been renewed every two years since then.
Source: kaohooninternational.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.
Latest Posts in "Thailand"
- Thailand Maintains 7% VAT Rate for Another Year to Support Economic Growth
- Caretaker Cabinet Extends 7% VAT to Mitigate Economic Impact Until September 2026
- Thai Cabinet Extends 7% VAT Reduction Until September 30, 2026 to Boost Economy
- Thai Cabinet Extends 7% VAT Rate for Another Year to Boost Economy
- Thailand Delays Decision on VAT Rate Increase Amid Economic Concerns and Uncertainty
