New Excise Tax Ceilings Have Been Passed Into Law

Published on 21st March 2017 by Stickboy BKK

New Excise Tax Ceilings Have Been Passed Into Law

New excise tax ceiling rates have been passed into law after they were published in the Royal Gazette on Monday.

The rates set tax levels for the next 20 years and are enforceable in the next 180 days, however, the head of the Excise Department said on Tuesday some 80 other laws would have to be enacted in order for the new amendments to be used to set % increases.

Several examples of the new ceiling excise tax rates include:

A single cigarette – 5 baht
A litre of beer – 3,000 baht
A litre of carbonated soft drinks – 20 baht
A litre of diesel – 20 baht
A single service at a massage parlour – 1,000 baht
A square metre of space in a nightclub – 1,000 baht

As I mentioned the other day, no need to panic about sharp increases as those outlined above are the maximum increases over the next two decades.

5 baht for a single cigarette would see 100 baht added to a pack of 20 – that isn’t happening in one go, nor is the 1,000 baht for a massage or any of the others in the new bill.

When will we see an actual tax increases? Likely by the end of the year but not at those rates above, that’s for sure.

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