The taxman cometh, with changes
Knowing the new rules for deductions and separate filing can save you headaches later.
- Published: 4 Feb 2013 at 00.00
- Newspaper section: Business
Take a deep breath if you receive a call from Revenue Department officials asking for documents about income tax deductions late in the evening or on a weekend during this period of time.
A poster promotes some financial products that can help people save on their tax bills at a bank branch in Bangkok late last year. Salary earners’ tax management could be more relaxed after the Revenue Department amended laws for personal income tax on married couples, allowing husbands and wives to submit tax forms separately. CHANAT KATANYU
In this festival of tax form submission, some 9.7 million taxpayers are supposed to file tax forms. Of the total, 2.1 million are expected to file for a refund. A few new approaches for tax calculation and refunds taking effect during the tax filing period this year will keep tax officials busier than ever.
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