Vat Calculator Thailand

FAQs

How much is the VAT in Thailand?
The standard VAT rate in Thailand is 7%.

How do I calculate VAT from amount?
To calculate VAT from an amount, you can multiply the amount by the VAT rate (as a decimal). For example, if the amount is 1000 baht, and the VAT rate is 7%, the VAT amount would be 1000 * 0.07 = 70 baht.

How do I calculate VAT on my calculator?
You can calculate VAT on a calculator by entering the amount, then multiplying it by the VAT rate (as a decimal), and finally adding the result to the original amount.

Do I charge VAT to Thailand?
If you’re a business selling goods or services in Thailand, you are required to charge VAT.

Can I claim back VAT in Thailand?
Yes, VAT refunds are available for tourists in Thailand under certain conditions.

Do foreigners pay tax in Thailand?
Foreigners who earn income in Thailand may be subject to taxes, depending on their residency status and the type of income earned.

What is the easiest way to calculate VAT?
The easiest way to calculate VAT is to multiply the amount by the VAT rate (as a decimal).

What is the current VAT rate?
The current VAT rate in Thailand is 7%.

How do you calculate VAT on a receipt example?
To calculate VAT on a receipt, you multiply the total amount (excluding VAT) by the VAT rate.

How much is UK VAT?
The UK VAT rate is 20%.

Why do you divide by 1.2 for VAT?
Dividing by 1.2 effectively removes the VAT from a price. It’s derived from adding the VAT amount (20%) to the original price (100% + 20% = 120%), so dividing by 1.2 undoes this addition.

How do you add 13.5 VAT to a price?
To add 13.5% VAT to a price, multiply the price by 0.135 and then add the result to the original price.

What tax do you pay in Thailand?
In Thailand, individuals may pay personal income tax, while businesses are subject to VAT and corporate income tax.

Do you tip in Thailand?
Tipping isn’t customary in Thailand, but it’s appreciated in some situations, especially at higher-end restaurants and hotels.

Can I get VAT refund on iPhone in Thailand?
Yes, tourists in Thailand can generally get VAT refunds on eligible purchases, including iPhones, under certain conditions.

How do I get VAT refund from Thailand airport?
To get a VAT refund at a Thailand airport, you typically need to present your purchases, receipts, and passport at the VAT refund counter before departing.

Is it cheaper to buy luxury goods in Thailand?
It can be cheaper to buy luxury goods in Thailand due to lower taxes and import duties compared to some other countries.

Can tourists get VAT back?
Yes, tourists can often get VAT refunds on eligible purchases made in Thailand, provided they follow the necessary procedures.

How much is foreigner fee in Thailand?
Fees for foreigners in Thailand can vary depending on the type of visa and the services required.

What is the tax rate in Bangkok for foreigners?
Foreigners in Bangkok are generally subject to the same tax rates as Thai residents, though tax obligations can vary based on residency status and income sources.

How do you take 20% VAT off a price?
To take 20% VAT off a price, you divide the price by 1.2.

How much VAT do I pay to HMRC?
The amount of VAT you pay to HMRC depends on your taxable supplies and the VAT rate applicable to your goods or services.

How do you remove VAT from a price?
To remove VAT from a price, you divide the price by 1 plus the VAT rate as a decimal. For example, to remove 20% VAT, you divide by 1.2.