New energy tax measures now enacted: Bigger savings for greener homes

The first measure allows homeowners to claim a personal income tax deduction of up to THB 200,000 for installing grid solar rooftop systems of up to 10 kW. The second offers a 1.5 times deduction and a 50% tax exemption for eligible energy efficient equipment purchased by individuals with business income and by juristic persons. All expenses must be supported by eTax Invoices and cannot be claimed under other incentive schemes. 

For further background, please refer to our earlier article, “Brighter savings, greener living: Thailand advances tax incentives to promote household power generation and renewable energy use.” 

Reference (in Thai): 

Director-General of the Thai Revenue Department No. 805. Retrieved from the Revenue Department.