Extension of the reduced VAT rate
Keywords: Mazars, Thailand, Tax, VAT, Royal Decree
13 September 2021
In its meeting on 24 August 2021, the Cabinet approved a draft Royal Decree extending the reduced VAT rate of 7% for another 2 years, from 1 October 2021 to 30 September 2023. Therefore, the reduced VAT rate is expected to continue to apply for that period.