![Martin Liebenow](https://www.forvismazars.com/var/mazars/storage/images/_aliases/user_block/media/global-contents/group-data-base/contact-photos/panoramic/martin-liebenow/56797209-1-eng-GB/a2c7c3449f76-Martin-Liebenow.jpg.webp)
Extension of the reduced VAT rate
Keywords: Mazars, Thailand, Tax, VAT, Royal Decree
28 October 2019
In its meeting on 10 September 2019, the Cabinet approved a draft Royal Decree extending the reduced VAT rate of 7% for another year, from 1 October 2019 to 30 September 2020. Therefore, reduced VAT is expected to continue to apply for that period.