Below we detail them
Posted: Sun Dec 22, 2024 9:47 am
Deductible and non-deductible expenses for personal income tax purposes
The rent for the premises where you work, the AVE ticket for a work meeting or a training course to grow as a professional are some of the expenses that the Treasury will allow you to deduct in your Income Tax return.
Deductible expenses (IRPF)
Some of the most common thailand business email list expenses that you should keep in mind to claim a tax deduction from your personal income tax are:
Operating expenses: all materials acquired for the development of the activity, maintenance and production. For example: office supplies, containers, packaging, etc.
Salaries and wages: workers' salaries, extra payments, travel expenses, per diems, benefits in kind, prizes, compensations...
Social Security contributions paid by the company: contributions arising from the hiring of employees as well as the costs of the self-employed fee.
Other personnel expenses: training, accident insurance, contributions to pension plans, etc.
Leases and fees: rents, fees, financial leasing installments… that are not non-amortizable assets.
Repairs and maintenance: maintenance costs, spare parts and adaptation of tangible assets. As long as they are not for expansion or improvement.
The rent for the premises where you work, the AVE ticket for a work meeting or a training course to grow as a professional are some of the expenses that the Treasury will allow you to deduct in your Income Tax return.
Deductible expenses (IRPF)
Some of the most common thailand business email list expenses that you should keep in mind to claim a tax deduction from your personal income tax are:
Operating expenses: all materials acquired for the development of the activity, maintenance and production. For example: office supplies, containers, packaging, etc.
Salaries and wages: workers' salaries, extra payments, travel expenses, per diems, benefits in kind, prizes, compensations...
Social Security contributions paid by the company: contributions arising from the hiring of employees as well as the costs of the self-employed fee.
Other personnel expenses: training, accident insurance, contributions to pension plans, etc.
Leases and fees: rents, fees, financial leasing installments… that are not non-amortizable assets.
Repairs and maintenance: maintenance costs, spare parts and adaptation of tangible assets. As long as they are not for expansion or improvement.