Thailand: Deduction of amounts paid for antigen test kits for employee testing (COVID-19)

Additional deduction applies for the period from 14 September 2021 through 31 March 2022.

Additional deduction applies for the period from 14 September 2021 through 31 March 2022.

A draft Royal Decree provides support for businesses with regard to the procurement of coronavirus (COVID-19) antigen test kits.

Under the draft decree, companies or juristic partnerships can claim an additional deduction equal to 50% of the amount of expenses paid for COVID-19 antigen test kits when obtained for employee testing as required for the businesses’ operations. The antigen test kits must meet certain standards.

This additional deduction applies for the period from 14 September 2021 through 31 March 2022.

Read an October 2021 report prepared by the KPMG member firm in Thailand

 

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