Negative income tax under study
Finance Minister Apisak Tantivorawong said on June 8 that his ministry was studying ways to pay for the proposal. In May, the Cabinet approved a Bt50 billion assistance package for low-income earners. The government is considering whether funds from this package could help pay for the negative-income tax proposal. Final details for the tax proposal are expected before October, when fiscal 2018 starts. A condition for receiving help under the negative income tax programme is that recipients have to apply for career training from the government. The aim is to upgrade their skills so that they can make more than Bt30,000 a year in the future.
