Bangkok, "Chulapan" expects the Easy E-Receipt measure to increase money circulating in the system by 70,000 million baht, stimulating GDP by 0.18% to tens of thousands of cases.
Mr. Chulaphan Amornvivat, Deputy Minister of Finance, revealed that the Easy E-Receipt measure is to stimulate consumption at the beginning of 2024. Due to the view that the disbursement of the 2024 budget will be delayed, measures must be taken to stimulate the economy at the beginning of the year. This measure will help stimulate domestic consumption, increasing money in circulation by at least 70,000 million baht, stimulating GDP to increase by 0.18%.
which such measures The objective is to support domestic consumption. Support entrepreneurs in the tax system to use the electronic tax system. Encourage entrepreneurs to enter the tax system and use of the electronic tax system This has a positive effect on tax collection in the long run. Currently, there are more than 4,000 entrepreneurs in the electronic tax system, covering 116,000 sales points nationwide. and will accelerate attracting entrepreneurs to the electronic tax system, aiming to reach tens of thousands of them. Individuals who have Digital Wallet rights can use the Easy E-Receipt measures as well.
For this measure, it will start from 1 January - 15 February 2024, according to the amount actually paid, but not more than 50,000 baht, considered to be an appropriate period. Because it covers various festivals from New Year to Chinese New Year. To give people time to make decisions about purchasing products and services. The Revenue Department will issue a symbol of the said project to shops participating in the project. so that the public can clearly observe
For goods or services that can be deducted, they do not include (1) the purchase of liquor, beer, and wine (2) the purchase of tobacco (3) the purchase of a car. motorcycles and boats (4) oil and gas costs for filling up vehicles (5) utility costs, water costs, electricity costs, telephone signal service costs Internet signal service fees and fees for services with a long-term service agreement that begins before January 1, 2024 or ends after February 15, 2024, even if the fees are paid between January 1, 2024 and February 15, 2024; and (6) Non-life insurance premiums, with other criteria, procedures and conditions as announced by the Director-General of the Revenue Department.
Source: Thai News Agency