The measure came into effect Thursday, 1 December and expires at the end of the year.
Travelers can only base their tax claim against official invoices and billings for travel and hotel services that are registered. The Cabinet also agreed to reinstate hotel accommodation as a tax deductible item until the end of this year after the ruling expired 31 December, last year. The maximum deduction is also THB15,000 per person and must be supported by invoices from hotels that are registered to offer hotel services.Travellers have the right under the two schemes to deduct up to THB30,000 from their 2016 tax returns. The bank estimates that the stimulus measure would help to generate an additional income for domestic tourism of around THB2, 000 to THB4, 000 million compared the same period last year when no tax breaks were available.
The measure came into effect Thursday, 1 December and expires at the end of the year.Travelers can only base their tax claim against official invoices and billings for travel and hotel services that are registered. The Cabinet also agreed to reinstate hotel accommodation as a tax deductible item until the end of this year after the ruling expired 31 December, last year. The maximum deduction is also THB15,000 per person and must be supported by invoices from hotels that are registered to offer hotel services.Travellers have the right under the two schemes to deduct up to THB30,000 from their 2016 tax returns. The bank estimates that the stimulus measure would help to generate an additional income for domestic tourism of around THB2, 000 to THB4, 000 million compared the same period last year when no tax breaks were available.
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