Thailand: Reduced 7% VAT rate extended through September 2027
Royal Decree No. 807 extends the application of the reduced VAT rate for another year.
The Revenue Department of Thailand on August 20, 2026, issued Royal Decree No. 807, which extends the application of the reduced VAT rate of 7% (including local tax) for another year.
The extension covers the period from October 1, 2026, to September 30, 2027. This reduced rate applies to goods, services, and imports that are ordinarily subject to the statutory VAT rate of 10%.
For more information, contact a KPMG tax professional in Thailand:
John Andes | jandes@kpmg.co.th
Aphinya Somsiriwong | aphinya@kpmg.co.th