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Customs collects over 4bn baht on low-value imports in 11 months of FY2026
Customs collects over 4bn baht on low-value imports in 11 months of FY2026
MONDAY, SEPTEMBER 14, 2026
Thai Customs links higher prices for imports worth up to 1,500 baht to fewer overseas purchases and more spending with domestic sellersTracing Thailand’s 34 years of VAT cuts through 23 royal decrees
Tracing Thailand’s 34 years of VAT cuts through 23 royal decrees
SUNDAY, AUGUST 16, 2026
The Cabinet extends the 7% rate until September 2027, while economic agencies seek clearer revenue measures to protect Thailand’s fiscal stability.Siripong: no plan to raise VAT to 10% in next 2–3 years
Siripong: no plan to raise VAT to 10% in next 2–3 years
MONDAY, FEBRUARY 23, 2026
Siripong Angkasakulkiat, deputy leader of the Bhumjaithai Party, says the government has no plan to raise VAT from 7% to 10% in the next two to three years, after a Senate committee proposal triggered public debate.VAT increase proposal aims to boost government revenue and improve senior benefits
VAT increase proposal aims to boost government revenue and improve senior benefits
SATURDAY, FEBRUARY 14, 2026
A proposal to increase VAT to 10% could generate an additional 200,000-300,000 million THB annually, with plans to allocate funds to senior welfare and tax reform.Fitch flags political hurdles to Thailand’s deficit-cut plan and VAT hikes
Fitch flags political hurdles to Thailand’s deficit-cut plan and VAT hikes
THURSDAY, FEBRUARY 12, 2026
Fitch says Thailand’s deficit-cut plan relies on politically difficult VAT rises. Officials insist on fiscal discipline as risks to confidence persist.Pheu Thai defends ‘nine millionaires a day’ plan, eyes THB200bn VAT revenue
Pheu Thai defends ‘nine millionaires a day’ plan, eyes THB200bn VAT revenue
MONDAY, JANUARY 26, 2026
Pheu Thai has clarified that its “nine new millionaires a day” policy aims to bring people into the formal economy and tax system, generating projected annual VAT gains of at least 200 billion baht.Government to impose VAT and customs duties on imports from January 2026
Government to impose VAT and customs duties on imports from January 2026
TUESDAY, DECEMBER 16, 2025
From January 1, 2026, the government will impose VAT and customs duties on all imported goods valued from 1 baht upwards, ensuring fair competition for Thai small businesses without adding extra burdens for online shoppers.NESDC warns government to wait for economic recovery before raising VAT
NESDC warns government to wait for economic recovery before raising VAT
TUESDAY, NOVEMBER 25, 2025
The NESDC advises the government to delay VAT hikes until the economy revives, citing lessons from other countries and the need for gradual implementation.TDRI backs VAT rise to 8.5% to help fix Thailand’s budget deficit
TDRI backs VAT rise to 8.5% to help fix Thailand’s budget deficit
SATURDAY, NOVEMBER 22, 2025
A senior TDRI economist supports raising VAT from 7% to 8.5% in 2028 and to 10% in 2030, saying the government should act immediately to rebalance the deficit and strengthen long-term fiscal stability.Thai Restaurants Slam Treasury Plan to Hike VAT, Warning of Severe Inflationary Impact
Thai Restaurants Slam Treasury Plan to Hike VAT, Warning of Severe Inflationary Impact
THURSDAY, NOVEMBER 20, 2025
Business leaders urge government to maintain 7% VAT rate for food and tourism; plan targets phased tax increase to 10% by 2030 to stabilise national finances