We would like to check with you, recently we just did a long service award presentation for the Company’s employees. The recipient of that award received a trophy and a budget to purchase their favorite items. I would like to ask, this kind of award, is it subjected to personal tax deduction?
Panwa: Please note that this kind of award will be subjected to personal income tax deduction.
Anyways, if you need further assistance for the salary calculation and the persona income tax filing, 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
Email: bkk@panwa.co.th