Forvis Mazars Payroll Flash News - August 2026

On 21 July 2026, the Cabinet approved in principle a draft Royal Decree under the Revenue Code aimed at enhancing tax measures that support social enterprises. The initiative is intended to encourage continued contributions toward Thailand’s sustainable development goals in line with the United Nations Sustainable Development Goals (SDGs).

Key Personal Income Tax Measures:

• Tax Deduction for Contributions to Social Enterprises
  • Individuals who provide financial support to qualified social enterprises will now also be eligible for a 100% tax deduction (1x of the donation amount), with no expiration date for the incentive. This is a new benefit: previously only corporate donors (juristic persons) received this exemption, and it is now extended to individual donors as well, effective for contributions made from 1 January 2024 onwards.
• Enhanced Tax Benefits for Donations to the Social Enterprise Promotion Fund
  • Donations of cash or assets to the Social Enterprise Promotion Fund are eligible for tax deductions. Note that under the previous decree this benefit had expired on 31 December 2023; the new Royal Decree reinstates it, at an increased rate, only for donations made between 1 January 2024 and 31 December 2028 (i.e. it is NOT open-ended, unlike the benefit in the bullet above).
  • In addition, the deduction will be increased from 1x to 2x the donation amount for donations made between 1 January 2024 and 31 December 2028.

Important Note

• To qualify for these tax incentives, all contributions and donations must be made through the Revenue Department’s e-Donation system.
   

Source (in Thai):

• Thai Revenue Department
• Royal Thai Government