New Excise Tax Rates on Cars

From 1 January 2016 onward, the Excise Department will impose new tax rates on cars computed on the basis of the rate of carbon dioxide emissions, instead of the engine capacity. This will result in higher prices for cars.

Keywords: Mazars, Thailand, Tax, Excise Department, PPVs, Eco Car Project

04 August 2015

The new structure of excise tax will support cars which comply with Phase 2 of the Eco Car Project, as these cars will save fuel and be more environmentally friendly. For these cars, the excise tax rate will fall from 17% to 14%, but the excise tax on a private car with an engine capacity of 1,780 cc to 2,000 cc will increase by a range of 3% to 10%.

For pick-up trucks which have a rate of carbon dioxide emissions over 200 grams per kilometre, the excise tax will increase to 15%. Therefore, pick-up trucks with four doors will increase in price by 15,000 to 25,000 baht per vehicle next year.

For pick-up framed passenger vehicles (PPVs) with an engine capacity no higher than 3,250 cc, the tax rate will increase from 20% to 25%. For PPVs with carbon dioxide emissions over 200 grams per kilometre, the excise tax will be 30%.

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