The increase in VAT from 15% to 15.5% was first announced earlier in 2025 as part of government measures to address fiscal ...

Uncertainty around the 2025 budget and the now-abandoned VAT hike has left businesses counting the cost of last-minute policy ...

Finance Minister Pichai Chunhavajira on Thursday floated an idea of collecting value-added tax (VAT) from businesses with an annual income below 1.8 million baht to boost state income and reduce ...

The tax man says should a vendor not be able to revert to the 15% rate, due to complex system changes that may be needed, ...

They highlighted high interest rates on bank loans, lack of access to finance, higher VAT and tax rates and its complex ...

The decision to scrap the 0.5% VAT increase has forced businesses to abandon costly plans to prepare customers.