Thailand: VAT to remain at 7% for an additional two years

Local contact

EY Global

30 Aug 2021
Subject Tax Alert
Categories Indirect Tax
Jurisdictions Thailand

On 24 August 2021, the Thai Cabinet approved the extension of the reduced Value Added Tax (VAT) rate of 7% for another two years to sustain the economic stability of the country. The 7% VAT rate will, therefore, continue to be applied for sales of goods, provisions of services and imports of goods from 1 October 2021 until 30 September 2023.


For additional information with respect to this Alert, please contact the following:

EY Corporate Services Limited, Indirect Tax, Bangkok
  • William Chea
  • Thitima Tangprasert

For a full listing of contacts and email addresses, please click on the Tax News Update: Global Edition (GTNU) version of this Alert.