Personal income tax saving options

Last activity 20 April 2020 by JK Bangkokian

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Sai RaginiMember17 April 2020 07:22:59

Hi

What are the ways the tax payment can be saved ? how to reduce the taxes paid against the personal income earned in Thailand ?

JK BangkokianNew member20 April 2020 03:59:11

you can save personal income tax by:
- buying Life insurance
- buying SSF (super saving fund)
- interest on housing loan
Those above are long-term ways to save tax.
For short-term ways is to
- donate to any temples, educational institutes, Non-Profit Organization (Must check the lists)
- spend money on stimulus policy (I think no active such policy now)

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