BANGKOK (The Country/Asia Information Network): The Cabinet on Tuesday (July 5) suspended the occupancy tax levied on accommodations for another two several years, until eventually June 30, 2024, to reduce Covid-19 impacts on resort operators.
“Waiving the resort tax for a different two decades will assist lodge and tourism-relevant operators rehabilitate as the state reopens to international vacationers,” stated Primary Minister Prayut Chan-O-Cha.
“Also, it will reward the country’s economic system in the prolonged expression as tourism is the country’s key engine producing income.”
Prayut added that the govt will challenge a ministerial regulation extending the waiver of yearly hotel tax at 40 baht for every place, after the former regulation expired on June 30.
The PM said the economy would choose time to get well even although the govt has eased restrictions on company operations. The tax waiver would decrease resort operators’ expenses by about 47.35 million baht, he added.