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Wednesday, May 15, 2024

Revenue Department plan intends to add some 500,000 taxpayers

The Revenue Department aims to pull 500,000 individuals into the tax system, including online merchants and influencers, YouTubers and freelancers.

Expanding the personal income tax base is aimed at creating fairness in the tax system because there are still many people who are not being taxed on earnings, said director-general Ekniti Nitithanprapas.

An initial survey by the Revenue Department found there are 6 million people excluded from the tax system.

The department set a target to include around 500,000 people in the tax system.

The agency plans to allow individuals to file a complaint with the department if a person or business operator is not properly taxed, said Mr Ekniti.

The department will also use data analytics to analyse existing information and investigate duplicate tax returns.

“Every business operator should pay the correct amount of taxes,” he…

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