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Car fuel up to ฿40k can claimed as income tax deduction in New Year

Car fuel up to ฿40k can claimed as income tax deduction in New Year

14 Sept 02:28 Key points summarised by AI
  • Motorists and motorcyclists can claim car fuel expenses up to 40,000 baht as income tax deductions from January 1st to February 15th, utilizing receipts from registered gas stations under the “Shop Dee Mee Kuen” scheme.
  • This initiative aims to stimulate domestic tourism and New Year travel, anticipating 1.4 million beneficiaries and generating approximately 42 billion baht in spending, despite an estimated 6.2 billion baht loss in state tax revenue.
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