Kindly remind that any incentive that we provide to TM Sale Rep in the form of vouchers ie gift voucher, movie ticket, hotel complimentary voucher, spa voucher, etc. are considered as ‘cash equivalent’ which is subject to withholding tax (WH tax) deductible. The WH tax rate will be varied per each TM Sale Rep’s personal income tax rate ka. Should you have any query, please let me know.
Hence, please can you provide detail as below (in attached) to HR by every 15th of each month. If 15th is holiday, please send to HR one day earlier. This is regulation under Thailand Revenue Code. Thanks for your cooperation and understanding ka.