Personal Income Tax Saving Tips – A Closer Look
The end of the tax year for personal income tax purposes is 31 December. We set below some tips on how to maximize your tax savings.
Keywords: Mazars, Thailand, Tax, Payroll, LTF, RMF, Personal Income Tax, Tax Deductions
03 December 2018
Our guide looks at the Personal Income Tax Saving Tips:
- Insurance & Investments
- Life insurance
- Pension life insurance
- Life insurance for a spouse
- Health insurance
- Health insurance for parents and a spouse’s parents
- Long-term equity fund (LTF)
- Retirement mutual fund (RMF)
- Charitable Contributions
- Special Tax Policies in 2018
- Domestic tourism in second-tier provinces
- Year-end tax deduction of up to THB 15,000 for purchases
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