A government spokesman revealed that the Prime Minister acknowledged that tax collection for the year 2023 in the first quarter exceeded the target of more than 60 billion baht, reflecting the recovery of the Thai economy moving in the right direction.
Today, February 18, 2023, Mr. Anucha Burapachaisri, Deputy Secretary-General to the Prime Minister for Political Affairs Acting as a spokesperson for the Prime Minister’s Office revealed that General Prayut Chan-o-cha, Prime Minister and Minister of Defense Acknowledged the report from The IRS reaches out to tax filing figures. In the first 4 months of the 2023 fiscal year from October 2022 to January 2023, tax collection could exceed the target by more than 60 billion baht, most of which would come from corporate taxation. and value-added as the main which reflects the recovery of the business sector and domestic consumption
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As for the Ministry of Finance’s report, during the three-month period of the first quarter of the fiscal year 2023 (October-December 2022), the government managed to collect net revenues of 633 billion baht, higher than the set target. 13.2%, which only the Revenue Department was able to collect as much as 446 billion baht in revenue, exceeding the target set by 10%, reflecting the recovery of the Thai economy. both from the business sector Tourism, industry, domestic spending Resulting in more money circulating in the economy. The Ministry of Finance predicts that in 2023, the economy will expand at 3.8% from domestic demand. including the industry travel
For this fiscal year 2023, various agencies collecting taxes, the Revenue Department, the Excise Department and the Customs Department have implemented according to the government’s policy plans. and continuously monitor the situation of tax collection By the fiscal year 2023, the government has set a tax target of 2.49 trillion baht, from the amount of tax collected in the first quarter that exceeded the target. It is expected that this year will be able to collect tax in accordance with the target set. and the Revenue Department operates in accordance with the Prime Minister’s guidelines Let there be plans to increase tax collection. By pulling in many types of emerging businesses, such as trading on online platforms, influencers tax sign in order to be able to collect more income as well
“The Prime Minister ordered the work of all agencies to be in accordance with the regulations. Appreciate the growth of Thai economic numbers. with confidence that the Thai economy is moving in the right direction and is recovering We are also pleased that tax collection in the first quarter of fiscal year 2023 is going well. There is a storage figure that exceeds the target set. These reflected the continued recovery of the economy. This is the result of the implementation of government policies. by these taxes will be used to develop the country Including the quality of life of all groups of people sustainably. and appropriate according to the legal process, ”said Mr. Anucha.