VAT tax rate saved

The Government of Thailand has decided to keep the VAT tax rate for another year at a rate of 7%.

This resolution will work from October 1, 2018 to September 30, 2019.

For information, the VAT tax was adopted in Thailand in 1992 at a rate of 10%, but was reduced to 7% and since then has never changed.

Source: bangkokpost.com