What is VAT?
VAT (Value Added Tax) is a consumption tax applied to goods and services in Thailand. The current rate is 7%.
Adding VAT Formula
Price with VAT = Original Price × 1.07
Example: Product costs 1,000 THB → With VAT = 1,000 × 1.07 = 1,070 THB
Extracting VAT Formula
Price before VAT = Total Price ÷ 1.07
Example: Total price 1,070 THB → Before VAT = 1,070 ÷ 1.07 = 1,000 THB
Who Needs to Register for VAT?
- Businesses with revenue over 1.8 million THB/year must register
- Must issue tax invoices for every sale
Calculate VAT instantly with our free VAT calculator