Tax Return software In Thailand: A Simple Guide

Navigating the labyrinth of tax return software in Thailand?
You’re in the right place! In this article, we bring a dash of wit and a ton of practical advice to expats grappling with the local tax system.
Join us as we explore the best tax return software options to keep your finances shipshape!
Factors To Consider When Choosing A Tax Return Software
Although many tax return software operates in Thailand, not all are compatible and user-friendly.
There are some factors that you need to keep in mind while using Tax Return Software:
- The software needs to be compatible with the Thai tax system and Regulations.
- The transaction and data’s privacy and security must be kept in mind.
- The individual’s needs and preferences are compatible with the Software.
- The cost and customer service of the software.
Therefore, based on the abovementioned criteria, some of Thailand’s best tax return software can be used per the individual’s needs.
Two Main Types Of Tax Returns In Thailand
The two main types of tax returns in Thailand are differentiated below:
Income from single source | PND 91 |
Income from multiple sources | PND 90 |
Documents Needed To Fill In Your Tax Returns In Thailand
The following documents are required when filing for tax return:
- Tax ID
- Employer’s taxpayer identification number
- Withholding tax Certificates
Best Tax Return Softwares In Thailand
The following softwares allow for tax filing through their own websites. These softwares allow the users to keep track of their filing system which is affiliated with the government policies.
MoneyMgmnt
Filing a tax in Thailand is relatively easy. MoneyMgmnt offers a free online tax calculator and a guide on filing your tax return in Thailand.
You can use the guide to follow step-by-step instructions on filing your tax return, depending on the income you generate.
How To File For Tax Through MoneyMgmnt
To file the income tax, the individual must visit the revenue department website and follow the following steps:
- Create a new username, 13-digit corporate registration number, and password for the new e-filing system.
- Download and install the RD Prep program, which is used to save/transfer attachments to withholding tax returns or VAT / specific business tax returns (if filing combined tax returns has been approved). The old program will work with the new e-filing system.
MoneyMgmnt Benefits
✅ It offers a free online tax calculator.
✅ It provides a step-by-step guide on filing your tax through mail, online, or in person.
✅ Explains how to reduce your income tax in Thailand by maximizing your tax credits, deductions, and allowances.
✅ Gives you updates about the latest changes and news on the tax system in Thailand.
Mazars
A global accounting firm providing the best e-filing solution and platform where you can easily use this platform to file your tax returns via computer or mobile app.
How To File For Tax Through Mazars
To use the new e-filing system, the individual must visit the revenue department website and follow the following steps:
- Create a new username, 13-digit corporate registration number, and password for the new e-filing system.
- Download and install the RD Prep program, which is used to save/transfer attachments to withholding tax returns or VAT / specific business tax returns (if filing combined tax returns has been approved). The old program will work with the new e-filing system.
Mazars Benefits
✅ It provides a wide range of services, including audit, accountancy, advisory, and legal, all on one platform.
✅ It not only offers to file your online tax return but also allows you to save a draft of your tax return in the system, which can be used for filing later.
✅ It also allows you to file a tax after the deadline and file additional tax returns.
Conclusion
Wrapping up, choosing the right tax return software in Thailand doesn’t have to be a gauntlet. With our insightful guide, expats can conquer tax time with the right tools at their fingertips.
Don’t wander through the fiscal jungles alone; let ThailandSolved be your compass.
Blissful Filing!
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