Last updated on NOVEMBER 07, 2016
Applies to:PeopleSoft Enterprise HCM Global Payroll Thailand - Version 9.1 and later
Information in this document applies to any platform.
New Tax Legal- First time home buyer expense (new scheme)for 2015-2016
In Section C item 12 in PIT 91 & PIT90 .
1.A payment made by a person who purchases a residence for the first time may be deductible up to 20% of the purchase price, subject to the following
The purchaser must not have owned any residence before claiming this allowance. A qualified residence must be a premise attached to land or a
condominium only. It may be a new residence (first hand) or have been owned by another person (second hand).
2. The purchase price must not exceed 3,000,000 baht.
3. The transfer of ownership and payment must be completed from 13 October 2015 to 31 December 2016.
4. The deductible amount must be used for 5 consecutive years, starting from the year in which the transfer of ownership to the purchaser is completed
Reported to Development team in the GP THAI 9.1 :<<Bug 24946028>> - PIT91&PIT90 FORM FOR TAX YEAR 2015: IN SECTION C ITEM 12 IN PIT 91 & PIT90
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