Get ready! Easy e- receipt, shopping for tax breaks in early 2024

Good news of 2024 for those who want tax breaks from goods and services purchasing. Get ready for the tax allowance of 2024 with Easy E-Receipt, a tax break of up to 50,000 baht, starting on January 1st. Check the details out.

Easy e-receipt instead of Shop Dee Mee Keun

The Tax Allowance 2024 “Easy E-Receipt” tax breaks granted by the Ministry of Finance will allow individual income taxpayers to get tax breaks from goods and services purchased from VAT-registered operators or general operators at the actual payment of not more than 50,000 baht, starting January 1 to February 15, 2024. It is a perfect time because the period covers many festivals such as New Year to Chinese New Year. The project is expected to spur spending of 70,000 million baht and support GDP by 0.18%

How are e-tax invoices and e-receipts different from tax invoices and receipts in the form of paper?

e-Tax Invoice & e-Receipt is a tax invoice and receipt that has been prepared as electronic data and signed using Electronic Certificates. People do not have to keep their tax invoices and send them to the Revenue Department to participate in this measure. They can use e-tax Invoice information in the Revenue Department’s database to file tax returns. Officials will not require people to send the tax invoice again if it is already in the Revenue Department’s database.

รายละเอียด Easy E-Receipt ลดหย่อนภาษี 2567

1. When purchasing goods or services from VAT-registered operators, they must have a full tax invoice under Section 86/4 of the Revenue Code in an electronic form (e-Tax Invoice) and the taxpayer’s identification number (ID) of buyers must be specified.

A list of products or services that cannot be used for tax break are

Liquor, beer, wine, tobacco
Automobile and motorcycle
Oil and gas for refueling vehicles
Utilities, electricity bills, telephone service fees and Internet service charges.
Premiums of insurance against loss

2. In the case of purchasing goods or services from a vendor or service provider who is not a VAT registration operator, a receipt under section 105 of the Revenue Code must be made in electronic form with the name, surname, and taxpayer identification number (ID number) of the purchaser of goods or service recipient. Only the purchase goods or service fee as follows:

The purchase of books, newspapers and magazines
The fees for books, newspapers, and magazines which are in the form of electronic information through the Internet.
The purchase cost of One Tambon One Product (OTOP), which has already been registered with the Department of Community Development.

3. Purchases and service charges under paragraphs 1 and 2 may be deducted from the actual amount of goods paid but not exceeding 50,000 baht.

The Easy E-Receipt measure will help support domestic consumption in early 2024, which will be a driving force for the overall economy to grow continuously and steadily. Taxpayers and shops can visit www.rd.go.th or the RD Intelligence Center at 1161 for more information.

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