Tuesday, December 26, 2017
Tax deduction for tourism spending in the secondary provinces in Thailand from January 1,2018 to December 31st, 2018 will boom the record number of tourists arrival.
This new move will trigger the tourism and helps to distribute the incomes to these provinces.
The tourists who can spend on the accommodation and food at these secondary locations in Thailand can use the receipt to claim a tax deduction of up to 150000 bhats.
The tourism and the tax department will also allow the travelers to use receipt instead of full tax invoices to claim the deduction as most of the tourism operators in the secondary provinces make an income of less than 1.8 millions bhat a year.
The tax collecting agency requires all operators earning at least 1.8 million bhat to register for the value added tax system.
The Tourism and Sports Ministry will also pick on which destinations these have come. Now the government of Thailand is pushing the effort to stimulate rural tourism economies with the wide the spread expansion of travel and tourism industry with the development of Thailand’s general revenue and economy.
Despite of having the 3.8% growth in tourism economy, for the nine months to September and healthy exports, rural areas have been left behind.
Now the tourism taxation deduction scheme will push forward the secondary province tourism along with the overall development of the Thailand tourism economy with the distribution income to the provincial economies.
With this new scheme it can value around 4 million international and national tourists.
Tags: Thailand, Thailand Tourism, Tourism and Sports Ministry, Tourism tax deduction, tourists inflow
