State bullish on Easy E-Receipt scheme

Quick Summary:

The government expects the new tax rebate programme that lets people deduct up to 50,000 baht in personal income tax for goods purchases to help stimulate spending, generating around 70 billion baht in economic circulation.

For example, expenses related to the purchase of tobacco, fuel, gas, or the payment of water and electricity bills, internet services and insurance premiums cannot be used for tax deductions under this programme.

According to Mr Julapun, the Easy E-Receipt measure is set to begin in mid-January next year and run until the end of February.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Billion Baht Year Julapun Programme Measure Goods Stimulate Purchase Spending Services

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-21 @ 04:45:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 517 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Bangkok Post

News ID: 24571864

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