We would like to inquire that if our operation need the employee to use his/her car to officiate the visit to client at their place for demo/presentation/maintenance product which the client’s office/factory location is in Bangkok and province and the company have regulation that it will pay employee the monthly lump sum, car maintenance and depreciation, do we need to withhold the tax from such payment?
Panwa: The case of monthly lump sum car maintenance and depreciation is subjected as the vehicle expense that the Company paid the employee which it is calculated from the job operation and such expense is clearly determined as the vehicle expense paid to employee in lumpsum amount, so, it isn’t subjected as the income exempted from personal income tax according to the Revenue Code section no. 42(1), it should include for the personal income tax calculation and the Company need to withhold tax from such payment.
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