Further to our Thailand Tax Update: COVID-19 and Tax Relief Measures in Thailand issued on April 22, 2020, due dates for certain tax return filings and payments have been further deferred as part of the Ministry of Finance’s measures to support individual and corporate entities in Thailand during the current COVID-19 pandemic.
On May 8, 2020, the Ministry of Finance issued a notification further deferring the due dates for tax return filings and payments of withholding tax, value-added tax and specific business tax. Tax filings for March and April 2020 were deferred to May 15, 2020 under the previous announcement, and have been further deferred to June 1, 2020 under the new announcement. These further deferrals apply only to e-filing system, and do not apply to paper filings to the Revenue Office.
In addition, the Ministry of Finance has also issued a notification to defer the due date for personal income tax filing and payment on upfront income obtained for long-term leases of immovable property for the tax year 2019.
The updated due dates for these various filings and payments are set out in the table below.
|Category of Tax||Period of Applicable Tax||Updated Filing and Payment Due Dates|
(Only for e-filing system)
|– Personal income tax on upfront payment obtained for a long-term lease of an immovable property||2019||August 31, 2020|
– Withholding TaxValue
|March – April 2020||June 1, 2020|
|May 2020||June 30, 2020|
|June 2020||July 31, 2020|
|July 2020||August 31, 2020|
|August 2020||September 30, 2020|
As the Thai government continues providing relief measures to mitigate the impact of COVID-19 pandemic in Thailand, investors and operators are advised to remain updated on these measures from various agencies.
For further information, please contact our team at Kudun and Partners.