At 12:45 PM on December 24, Prime Minister Paetongtarn Shinawatra announced after the Cabinet meeting that the government approved the Ministry of Finance's "Easy E-Receipt 2.0" initiative. This program aims to stimulate domestic consumption and economic growth in 2025 by offering personal income taxpayers tax deductions of up to 50,000 baht for eligible spending on goods and services.
Under the initiative, purchases must be made from VAT-registered businesses and supported by e-Tax Invoice & e-Receipt systems. Spending is divided into two categories:
- 30,000 Baht Cap: Covers general goods, services, and expanded eligibility for travel-related expenses, including tours, hotels, accommodations, and car rentals.
- 20,000 Baht Cap: Supports purchases from community enterprises, SMEs, and OTOP stores within the e-tax system.
Excluded from eligibility are expenses such as alcohol, tobacco, vehicles, fuel, utilities, and pre-existing long-term service contracts.
The Ministry of Finance projects the measure will inject 70 billion baht into the economy while incurring a revenue loss of 10 billion baht for the government. It also anticipates a 20% increase in business registrations within the tax system compared to the previous year.