It is quite difficult for us to estimate the annual revenue & profit accurately with 25% less error as there are many contingent factors to consider. We have some sales estimated value of THB 10 million, however they are not confirmed orders, i.e. no PO received. Are we able to revise the estimated annual revenue/profit later (after the deadline of half year income tax filing) to include these and pay the tax difference without penalty?

Panwa: Please note that you are unable to revise the estimated annual figures with pay difference of the half year income tax without penalty after the deadline of half year income tax filing  and without reason according to the Revenue Code section 67 ter. If you need further assistance for monthly tax filing, half year tax filing and doing yearly tax, kindly note that we could assist for such, click here

For more information, please feel free to contact us:
Phone: +66 2 933 9000
Fax: +66 2 933 6120