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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

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

NLA proposes VAT hike to 8 per cent

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