Thailand Ministry of Health reports 14,887 new COVID-19 cases and an additional 125 deaths since yesterday. The ministry also announced an additional 18,919 patients recovered from the COVID-19 virus.
Individuals and organizations who donate to the government, import medications, medical supplies, and medical equipment for public charity, and buy antigen test kits (ATK) for their staff will see their tax benefits extended by the cabinet on Tuesday.
All of these are recognized as aiding the government’s virus-containment efforts.
The cabinet authorized a draught of three royal decrees relating to revenue exemptions, according to government spokesman Thanakorn Wangboonkongchana.
A proposed royal decree would extend a corporate income tax deduction and a personal income tax deduction for companies and individuals that donate to the government’s efforts to reduce Covid-19 infections using the Excise Department’s e-donation system, from March 5, 2022, to December 31, 2023.
Individuals can claim a personal income tax deduction of up to 10% of their net income, while businesses can claim a corporate income tax deduction of up to 2% of their net profit.
The second royal decree extends from March 5, 2022, to December 31, 2023, a value-added tax exemption for corporations or legal partnerships that import medical supplies intended to cure or prevent infections for state clinical facilities, public healthcare units, and public organizations.
The third royal order extends the 50% corporate income tax benefit for enterprises that buy ATKs for their employees for another nine months, from April 1, 2022, until December 31, 2022. On September 14, 2021, the cabinet approved a draught royal decree regarding a revenue exemption to support ATK procurement.