Showing 1 - 10 of 24
Bad debt scheme sees 100,000 sign up
Business, Wichit Chantanusornsiri, Published on 13/01/2026
» More than 100,000 people have applied to be part of the debt restructuring scheme "Clear Debt, Move Forward" during its first week, while 1.2 million borrowers are targeted for the first phase of implementation.
Online vendors, influencers warned over tax compliance
Business, Wichit Chantanusornsiri, Published on 10/01/2025
» The Revenue Department issued a warning to independent business owners, particularly online vendors and influencers, to file their taxes correctly, insisting the department can leverage IT systems to monitor their tax compliance.
Study predicts most casino gamblers will be Thais
Business, Wichit Chantanusornsiri, Published on 26/08/2024
» The government's proposed entertainment complex project, which includes a casino, is expected to attract primarily Thai gamblers, accounting for up to 90% of customers, according to the Finance Ministry.
Tax refunds delayed by surge in fake submissions
Business, Wichit Chantanusornsiri, Published on 27/05/2024
» The delay in personal income tax refunds this year is partly related to stricter document verification, as more fake documents were submitted to claim refunds, according to the Revenue Department.
Authorities nab fake VAT invoice gangs
Business, Wichit Chantanusornsiri, Published on 16/02/2024
» The Revenue Department is developing a data analytics system for entrepreneurs to enter the tax payment system and avoid counterfeit tax invoices, says director-general Kulaya Tantitemit.
VAT reverse charge scheme in the pipeline
Business, Wichit Chantanusornsiri, Published on 18/07/2023
» The Revenue Department is planning to launch a value-added tax (VAT) reverse charge scheme in the scrap metal industry to reduce the risk of refund fraud by January 2024, says director-general Lavaron Sangsnit.
Revenue to launch AI to scrutinise taxes
Business, Wichit Chantanusornsiri, Published on 13/03/2023
» The Revenue Department is using artificial intelligence (AI) to examine tax payments, enabling deeper scrutiny and preventing tax evasion, says director-general Lavaron Sangsnit.
PDMO preps B21bn bonds
Business, Wichit Chantanusornsiri, Published on 12/08/2022
» The Public Debt Management Office (PDMO) will offer the final batch of government savings bonds worth 21 billion baht later this month, of which 20 billion baht's worth will be offered on a "small lot first" basis to provide an opportunity to as many individual investors as possible to snap up the bonds, said director-general Patricia Mongkhonvanit.
Banking on technology
Business, Wichit Chantanusornsiri, Published on 01/11/2021
» State agencies and state-run banks have been harnessing technology to enhance their performance, ranging from analysing suspicious tax evasion cases to facilitating bank customers conducting a live chat to request a loan.
Foreign websites to pay VAT
Business, Wichit Chantanusornsiri, Published on 26/07/2021
» Around 20 large overseas online platform operators plan to register as value-added tax (VAT) payers in Thailand, says Ekniti Nitithanprapas, director-general of the Revenue Department.