Thailand: New Tax Relief Package for COVID-19 

February, 2021 - Segolene Leffy


On 26th January, the Cabinet approved legislation with measures to reduce the tax on land and buildings, and land registration fees for residential housing as a means of alleviating the ongoing impact of the COVID-19 situation in Thailand.

The new measures include:

A 90% reduction of the land and building tax for 2021 that will be implemented through the enactment of a royal decree pursuant to Section 55 of the Land and Building Tax Act 2019 (the “Act”). The reduction covers the following categories of land:

  • Agricultural;
  • Residential;
  • Commercial; and
  • Vacant land

Thailand’s Land and Buildings Tax Act 2019 became effective from 13 March 2019, and the collection of taxes under this Act was to begin on 1 January 2020. The tax is normally payable by 1 April each year with the following applicable tax rates:

No. Land and Building Usage Ceiling Tax Rate
1.  Agricultural 0.15%
2.  Residential 0.3%
3.  Commercial (usage other than 1. and 2.) 1.2%
4.  Vacant/unused as otherwise reasonable for its   condition 1.2%[1]

Land and buildings having multiple uses and falling into several categories will be assessed on an apportionment system.


To support the sale of real property during the Covid 19 period, the Thai Government is providing additional tax relief relief.  On 11th January, the Cabinet approved a reduction inregistration fees for real estate transfers from 2% to 0.01% and real estate mortgage registration fees from 1% to 0.01%, for the following types of properties:

  • Land with buildings, detached houses, twin houses, row houses or commercial buildings being sold by an authorized land developer; or
  • Condominium having registered prices below THB 3 million per unit.

This measure will become effective one day after it’s publication in the Government Gazette and last until 31st December 2021.


The tax filing deadline for personal income tax returns (form PND.90 and 91) is extended from 31 March 2021 to 30 June 2021.

The tax filing and payment deadlines for withholding tax (form PND.1, 2, 3, 53, and 54) and value added tax (form PP.30 and 36) are extended to the last day each month, starting from February 2021 to June 2021.


[1] The tax rate will increase by 0.3% every 3 years if the land is vacant or unused as otherwise reasonable for its condition.


While this document is updated on a regular basis, it has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice.



Jack Sheehan
Head of Regional Tax Practice
[email protected]

Jonathan Blaine

Thailand Tax Director
Co-Head of Regional Compliance & Investigations Practice

Co-Head of Restructuring & Insolvency Practice
 [email protected]



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