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Tax threshold for redundancy compensation to be doubled

Tax threshold for redundancy compensation to be doubled

10 Sept 19:45 Key points summarised by AI
  • Cabinet approves doubling the tax-free redundancy compensation threshold from 300,000 baht to 600,000 baht for laid-off workers.
  • This revision aligns with the Labour Protection Act, increasing tax-free compensation eligibility to 400 days of earnings for long-term employees.
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Economy 1/1
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