Shopping Payback Scheme Starts

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Shopping Payback Scheme Starts

 

 

BANGKOK, Oct 24 (TNA) – The Shop and Payback tax rebate scheme started yesterday as the government encourages Thai people to shop and help stimulate the economy late this year.

Shoppers who participate in the scheme are entitled to a tax deduction of up to 30,000 baht on purchases of goods and services on the condition that they are not the holder of the government welfare card and never join the co-pay scheme of the government.

 

Goods allowed in the tax rebate scheme must come from the operators who registered for the value-added tax (VAT) or the vendors who issue complete tax invoices.

 

Full story: https://tna.mcot.net/english-news/line-today-english-news-569412

 

-- © Copyright TNA 2020-10-25

 

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[Korat88]

So the receipts from qualifying companies (I have HomePro issued receipts) need to be submitted with this year's tax return submissions I take it? This is what it seems to indicate in the article re: Spending for goods within Dec 31 can be deducted from taxable income for 2020 taxation.