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Thailand: Extended tax deadlines; reduced rates of taxes and social security contributions (COVID-19)

Thailand: Extended tax deadlines

The Thai Cabinet in late January 2021 approved several relief measures in response to the coronavirus (COVID-19) pandemic.

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These relief measures include an extension of tax filing deadlines, and reductions of the land and building tax, house transfer fee, mortgage fees, and social security contributions.

Extended tax return filing and tax payment deadlines

The extended tax return filing and tax payment deadlines would be available for certain tax returns filed electronically (that is, filed via the Revenue Department’s electronic filing (e-filing) system).

Tax payment and tax return Eligible tax month Normal deadline Extended deadline
Individual (personal) income tax  N/A 31 March 2021 30 June 2021
Withholding tax January 2021 – May 2021 15th day of the following month Last day of the following month
Value added tax (VAT) January 2021 – May 2021 23rd day of the following month Last day of the following month
Self-assessed VAT January 2021 – May 2021 15th day of the following month Last day of the following month

90% reduction of certain land and building tax

The Thai Cabinet also approved a 90% reduction of the land and building tax for assessment year 2021 for the following types of properties:

  • Land or buildings used for agricultural purposes
  • Land or buildings used for residential purposes
  • Land or buildings used for purposes other than agricultural or residential purposes
  • Undeveloped land or buildings

The reduction would apply to any owners who own the property or possess the state property for their own benefit as of 1 January 2021.

There are certain types of property that would not be subject to this relief. In addition, the Ministry of Interior has extended the deadline for land and building tax payments from the end of April 2021, to a date that is two months from the date of receiving the tax assessment—which could potentially be the end of June 2021 at the latest. 

Reduced transfer and mortgage fees for residential properties

In order to support individuals in purchasing residential properties, the transfer fee would be reduced from 2% to 0.01% and mortgage fees would be reduced from 1% to 0.01% for the sales of houses with land (i.e., a house, semi-detached house or town house) and condominiums. This fee reduction would only apply to the purchases of a house or condominium from the land developer or condominium developer if the sales price does not exceed THB 3 million (approximately U.S. $100,000).

The legislation to implement this relief measure would be effective from the date of enactment through 31 December 2021.

Reduction of social security contribution rates

Social security contribution rates would be reduced for the two-month salary cycles from February 2021 to March 2021. The reduced rates would apply to the maximum salary of THB 15,000.

  • For employees, the rate would be reduced to 0.5% (from 3%) for February and March 2021.
  • For employers, the rate would remain at 3%.


Read a February 2021 report prepared by the KPMG member firm in Thailand

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

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