Tax Incentives on Personal Travel Costs
The Revenue Department has announced Ministerial Regulation No. 305, dated 15 December 2014, which allows a personal income tax payer to deduct expenses paid to Thai tourist industry service providers, tour guides and hotels, against his or her income. The deductible amount is capped at THB 15,000.
Keywords: Mazars, Thailand, Tax, Revenue Department, Ministerial Regulation No. 305, Personal Income Tax, Travel, Tax Allowance
16 February 2015
So when travelling in Thailand during 2015, do not forget to request invoices to support your personal income tax return (to be filed on or before 31 March 2016).
For more information, please read Revenue Department announcement.
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