The Revenue Department announces the collection of back taxes on traders – Post Today Financial News – Stocks

The Revenue Department clarified the merchant’s retroactive tax collection.

Date 30 Aug 2021 time 09:52 a.m.

The Revenue Department clarified the merchant’s retroactive tax collection. Not related to selling good products from the project half of each person.

According to news in the online media that Mr. Sorawut Nuengchamnong, Member of Parliament for Chonburi, Palang Pracharath Party Identify merchant tax concerns Because the Revenue Department sends a tax assessment for the year 2020 to merchants who participate in the government program such as “half each” but received it in 2021, misleading that the tax was charged retroactively. Moreover, this type of project is a short-term project. The goal is to stimulate the economy. Therefore, the tax income should not be assessed in this section.

Mrs. Sommai Siriudomset Tax collection strategy consultant (Energy Business Group) as a spokesman for the Revenue Department Explained the case as follows:

1. In conducting business in the year 2020, the entrepreneur who is a natural person Whether operating a business that participates in a government project or not, if the entrepreneur has income that reaches the threshold specified by law Still have a duty to bring income to file a return for personal income within March 31, 2021. However, the Revenue Department has extended the time for filing the form from March 31, 2021 to June 30, 2021. to help the liquidity of entrepreneurs

2. The Revenue Department has sent a letter notifying the income earner to file an income tax return within the time specified by the law so as not to forget. In order for entrepreneurs to not be burdened with penalties and surcharges in case of late filing of income tax returns

3. Personal income tax payment is an entrepreneur’s self-assessment. which has the duty to bring income received from business operations to file tax according to the facts The evidence to prove the income It depends on the facts of business operations, such as VAT registered entrepreneurs must have evidence. issuing tax invoices Receipts, etc. for proof of bank account It’s just one fact that will allow entrepreneurs to recognize their own income only In addition, the Revenue Department has developed a process Electronic way of registration, tax returns, tax payments and tax returns, every step of the way through the Tax from Home system, which is convenient for entrepreneurs. Via the Revenue Department website www.rd.go.th

4. The Revenue Department confirms that the Department sent a letter to notify entrepreneurs It is not intended to collect taxes from operators participating in government programs in any way. It is a reminder to the operator that you have reached the legal limit and are obligated to file a tax return, and it is not a tax assessment.

For more information, please contact the Revenue Offices across the country. or the Revenue Information Center (RD Intelligence Center) call 1161

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