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Tax allowance for domestic travel on the cards

WEDNESDAY, AUGUST 09, 2017
Tax allowance for domestic travel on the cards

The Finance Ministry has supported a proposal for a tax allowance for people who spend money on domestic travel before the end of this year.

 

“The ministry needs to study the proposal first before we offer tax deductions for domestic travel spending,” Finance Minister Aprisak Tantivorawong said on Wednesday. 
If a tax allowance were applied, it should promote travel to the least popular destinations in order to help villagers in remote areas earn more money, he said. 
The Tourism Authority of Thailand has proposed that the Finance Ministry give Thai travellers a tax deduction of Bt15,000 for spending money in the first group of provinces, Bt30,000 for the second zone and Bt50,000 for the least popular destinations.
In recent years, the government has offered tax allowances for domestic travel in order to stimulate slow economic growth.