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Tuesday, May 7, 2024

Tax-deductible stocking stuffers

The Thailand ESG Fund is a long-term investment fund proposed by the Finance Ministry that offers tax benefits for investors in environmental, social and governance themes.

The time of year is approaching when money-savvy investors search for tax-deductible options that offer reasonable returns.

There are three investment choices that feature deductions from personal income tax: insurance, long-term funds, and savings in the form of contributions to provident and social security funds.

Here is a brief rundown of the options and tax deductions.

PLENTY OF OPTIONS

Social Security Fund: For this type of savings, the tax…

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