Income Data and Withholding Tax will be linked together for Convenience Tax Pay
The Thailand Revenue Department has decided to bring some changes in the process of tax payment by linking the income data and the withholding tax of civil servants, pensioners, and permanent employees. The aim of this change is to bring convenience and compliance for the taxpayers. It has been reported by the Director General of the Comptroller General’s Department, Paricia Mongkolvanich that a policy is given to the agencies which will fall under the Ministry of Finance and to merge the databases which are in both public and private sectors.
The Revenue Department enforces tax payment and other activities through advanced digital infrastructure such as e-filing system, online tax submissions and payments. This new method will simplify the tax payments of the taxpayers digitally.
Director General of the Comptroller General’s Department states that,
“The second phase of the operation, it will link the data of 1,300,000 civil servants and permanent employees, which will have more steps. Namely, government agencies will have to process and send it to the Comptroller General’s Department to collect and send it to the Revenue Department. Therefore, it is expected that the first set of civil servant and permanent employee data will be sent to the Revenue Department in early February 2025 and the second set in early March 2025”
Cebu Pacific celebrates the delivery of its very first aircraft for 2025, the 459-seat Airbus A330neo, delivered at Ninoy Aquino…
March 29, 2025, will deliver the first solar eclipse of the year when observers from numerous continents can witness this…
Chinese President Xi Jinping invited 40 foreign business executives to Beijing on Friday to boost investor confidence and restore stable…
Thailand is set to host Group B of the AFC Women’s Asian Cup 2026 Qualifiers where India, Mongolia, Timor Leste…
The unveiling of an instrument that may symbolize a step toward updating the country’s financial identity is the celebration of…
Big investment company KKR is close to finishing its purchase of Japanese medical equipment manufacturer Topcon as private equity firms…
This website uses cookies.
Read More