- Thailand’s Cabinet approved a royal decree extending the reduced 7% VAT rate for one more year, from October 1, 2026, to September 30, 2027.
- The standard VAT rate in Thailand is 10%, but the temporary reduction has been repeatedly extended to help lower living costs, boost spending, and support economic stability.
- The extended rate remains 6.3% excluding local tax, or 7% including local tax, and applies to goods, services, and imports.
Source: news.bloombergtax.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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