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"Don’t leave money on the table—maximize your deductions!"

Updated: Oct 9

📝 Tips for Maximizing Personal Income Tax Benefits in 2024! #TaxTips

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Check Tax Rates: In 2024, personal income tax rates may be updated. Stay informed about changes to effectively plan your finances www.rd.go.th.


Utilize Deductions: Review your eligible tax deductions, such as:

  • Child Deductions: Deductions available for dependent children.

  • Life Insurance Premium Deductions: You can claim deductions for life insurance purchases.


Invest in Mutual Funds: Investing in mutual funds eligible for tax deductions, such as RMF and SSF, can help reduce your taxable income.


Keep Receipts: Maintain all receipts and important documents related to deductible expenses to ensure you don’t miss out on tax savings.


Plan Your Taxes: Advance tax planning will allow you to effectively reduce your tax liability by understanding your income and deductible expenses.


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Consult a Tax Expert: If you're uncertain about claiming deductions or tax planning, it’s advisable to consult a tax professional www.localthaitax.com for tailored guidance.


✨ Don’t forget to take full advantage of your rights in 2024 to optimize your tax management!

Revenue Departments www.rd.go.th

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