{"id":1899,"date":"2020-03-31T06:57:33","date_gmt":"2020-03-31T06:57:33","guid":{"rendered":"https:\/\/35.197.150.33\/?p=564"},"modified":"2020-03-31T06:57:33","modified_gmt":"2020-03-31T06:57:33","slug":"new-measures-to-alleviate-the-impact-of-covid-19","status":"publish","type":"post","link":"https:\/\/plizz.co\/th\/blog\/new-measures-to-alleviate-the-impact-of-covid-19\/","title":{"rendered":"New measures to alleviate the impact of COVID-19"},"content":{"rendered":"<p><a href=\"https:\/\/35.197.150.33\/?attachment_id=573\" rel=\"attachment wp-att-573\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/35.197.150.33\/wp-content\/uploads\/2020\/03\/unnamed-4-1-300x130.png\" alt=\"\" width=\"856\" height=\"371\" class=\"alignnone wp-image-573 aligncenter\" \/><\/a><\/p>\n<p>March 30, 2020<\/p>\n<p><strong>The Thai Government has approved new measures to alleviate the impact of COVID-19.\u00a0<\/strong><\/p>\n<p>The following measures are designed to support temporary and self-employed workers not covered by the SSF :<\/p>\n<ul>\n<li><span><span>5,000 THB \/ month for three months for workers working for\u00a0businesses that were ordered to close because of the COVID-19 outbreak.<\/span><\/span><\/li>\n<li><span><span>10,000 THB emergency loans\u00a0at a 0.1% monthly interest rate without collateral for loans of up to 30 months. Individuals may file for such loans by\u00a0December 30th 2020;<\/span><\/span><\/li>\n<li><span><span>50,000 THB special loans\u00a0at a 0.35% monthly interest rate with collateral for loans of up to 36 months. Individuals may file for such loans by December 30th 2020.<\/span><\/span><\/li>\n<li><span><span>Lowered\u00a0interest rate of state-owned pawnshops of 0.125% a month for two years.<\/span><\/span><\/li>\n<li><span><span>Training\u00a0activities for workers affected by the COVID-19 outbreak.<\/span><\/span><\/li>\n<li><span><span>The extension of personal income tax filing deadline until\u00a0August 31st 2020.<\/span><\/span><\/li>\n<li><span><span>Increased deduction of health insurance premiums from 15,000 THB to 25,000 THB for 2020 fiscal year onwards.<\/span><\/span><\/li>\n<li><span><span>Personal income tax exemption as compensation for medical and public health personnel in frontline of the\u00a0COVID-19 outbreak.<\/span><\/span><\/li>\n<\/ul>\n<div><span><strong>Additional measures approved for business operators:<\/strong><\/span><\/div>\n<ul dir=\"ltr\">\n<li><span>Up to 3 million THB loans for SMEs at a 3% interest rate for\u00a0the first two years of up to 5 years\u00a0loans. Businesses affected by the Covid-19 outbreak <em>(especially in the tourism sector) <\/em>are eligible to\u00a0apply for such\u00a0loan by December 30th 2020.<\/span><\/li>\n<li><span>Extension of the annual corporate income tax filing until August 31st 2020, and until September 30th 2020 for the mid year corporate income tax filing.<\/span><\/li>\n<li><span>Extension of filing of excise tax for oil products operators extended until the 15th\u00a0 of the following month for three months (April-June 2020).<\/span><\/li>\n<li><span>Extension of deadlines for filing tax returns and paying taxes for businesses in the service sector affected by orders to close business to prevent the spread of COVID-19, such as restaurants, bars, and nightclubs. (details to be confirmed).<\/span><\/li>\n<li><span>Exemption of import duties\u00a0for products related to the prevention and treatment of Covid-19 until September 30th 2020.<\/span><\/li>\n<li><span>Exemption of taxes and fee cuts for debt restructuring with non-financial institution creditors.\u00a0<\/span><\/li>\n<\/ul>\n<p>Sources :<a href=\"https:\/\/thepattayanews.com\/2020\/03\/25\/thai-government-set-to-hand-out-5000-baht-a-month-to-informal-workers-to-help-them-after-the-covid-19-coronavirus-crisis\/\"><strong> Pattaya News<\/strong><\/a>, <strong><a href=\"https:\/\/thailand.prd.go.th\/ewt_news.php?nid=9211&amp;fbclid=IwAR06uU75M81tlyEgdvC8sHGBbHL36AF1C6QnCSsS50a0M5NZPDg02GKNIEU\">The Government Public Relations Department<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>March 30, 2020 The Thai Government has approved new measures to alleviate the impact of COVID-19.\u00a0 The following measures are designed to support temporary and self-employed workers not covered by the SSF : 5,000 THB \/ month for three months for workers working for\u00a0businesses that were ordered to close because of the COVID-19 outbreak. 10,000 [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":1380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-1899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New measures to alleviate the impact of COVID-19<\/title>\n<meta name=\"description\" content=\"Read our article &quot; New measures to alleviate the impact of COVID-19 &quot;. Dive into our blog for insights on accounting, legal services, and tips specifically crafted for SMEs in Thailand.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plizz.co\/th\/blog\/new-measures-to-alleviate-the-impact-of-covid-19\/\" \/>\n<meta property=\"og:locale\" content=\"th_TH\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New measures to alleviate the impact of COVID-19\" \/>\n<meta property=\"og:description\" content=\"Read our article &quot; New measures to alleviate the impact of COVID-19 &quot;. 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