SMEs Income Tax Exemption Threshold Raised
Keywords: Mazars, Thailand, Tax, SMEs, Royal Gazette, Royal Decree No. 564
05 June 2013
Annual Net Income (Baht) | Tax Rate |
0 – 300,000 | Nil |
300,001 – 1,000,0000 | 15% |
1,000,001 up | 20% |
According to Royal Decree No. 564 published in the Royal Gazette on 9 May 2013, the new tax bands for SMEs will be effective for accounting periods starting on or after 1st January 2013.
For more information, please read Royal Decree No. 564.