Keep prepared for the total implementation of the brand new land and constructing tax system

Keep prepared for the total implementation of the brand new land and constructing tax system


The brand new land and constructing tax assortment system was launched in 2019 and has been applied since 2020. Nevertheless, because of the incompletion of the property appraisal system and different related databases, in addition to the onset of the COVID-19 pandemic, the tax assortment system has not been absolutely applied. A number of exemptions on tax charges, the tax base, sure situations, and the deadline extension have been regularly up to date.


Based on the brand new system, every native administrative group should conduct land and property survey and put together an annual file of such land and property. The file should be shared to the related taxpayer inside November of every 12 months.  

The native administrative group will announce the appraisal values for properties and the tax charges inside its jurisdiction earlier than the 1st February of every 12 months. A tax return might be delivered to every taxpayer inside February in order that the land and constructing tax fee may be accomplished by the taxpayer in April of every 12 months.

On 9 December 2022, the Notification of the Ministry of the Inside Re Extension on the Process in accordance with the Land and Constructing Tax Act for the tax 12 months 2023 was introduced. All authentic due dates talked about above have been prolonged for the procedures of tax 12 months 2023. Particulars are as follows:

Keep prepared for the total implementation of the brand new land and constructing tax system

Aside from the above extensions, the deadline of an impressive tax demand discover and the interval of the tax installment plan has additionally been lengthened for 2 months.

Although the extensions have been supplied, it’s endorsed {that a} taxpayer to be ready and acquainted with these related processes of the brand new tax assortment system. A taxpayer must be conscious {that a} taxpayer is entitled to object and request the native administrator to evaluation the appraisal values of his/her property or tax evaluation (because the case could also be) if the taxpayer is of the opinion that it’s incorrect. The request have to be submitted to the native administrator inside ninety days from the required date for the declare on appraisal values, and inside thirty days from the date of notification of the tax evaluation.

On a associated observe, on 20 December 2022, the Thai authorities authorized a tax discount measure for the land and constructing tax for the 2023 tax 12 months. Based on the Thai authorities’s approval, a 15% discount on the tax quantity might be supplied to all sorts of property, together with property that has already benefitted from different tax discount privileges. Nevertheless, the entire discount tax fee should not exceed 90%. The draft tax discount regulation is now being making ready by the Ministry of Finance. Please regulate the launch of the regulation and test your tax advantages accordingly.

For extra particulars on the options of the brand new land and constructing tax assortment system, please seek advice from our e-newsletter issued on 25 August 2020