The new government tax on alcohol and cigarettes comes into effect immediately and it’s hitting alcohol drinkers hard.
The new rates have been published in the Royal Gazette outlining the changes that are now in effect from September 16.
The tax rate for beer has been changed to 22 per cent of the retail price and 430 baht per litre of alcoholic content.
For wines that are made from grapes, tax will now be 1,500 baht per lire of alcoholic content if the price of the bottle does not exceed 1,000 baht. Wine that is priced over 1,000 baht will be subject to a further 20 per cent tax of its price as well.
For wines made from a mixture or grapes and other fruits the tax will be 10 per cent and 150 baht per litre of alcoholic content.
Tax on white spirits is 2 per cent of retail price and 155 baht per litre of alcoholic content while other types of spirit will be taxed at 20 per cent of the retail price and 255 baht per litre of alcoholic content.
Cigarettes will be taxed at 20 per cent of the retail price for packs under 60 baht and 1.20 per roll. For packs of cigarettes priced over 60 baht the tax increase is to 40 per cent of the retail price.
Cigars will now be taxed at 10 per cent of the retail price and 1.2 baht per gram.
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Source : Thenation
Content : LovePattayaThailand