Advance Blog

December 13, 2021

Mazars in Thailand’s Technical Update contains a number of interesting articles on Tax, Legal, Audit and Accounting that will be important to your business.

Keywords: Mazars, Thailand, Tax, Legal, Accounting, IFRS, SMEs, antigen test kits, ex-convicts, DBD, TISO, IBC, Visa, permanent residence, IFRS IC, IAS, VAT

2 December 2021


  • Additional tax deduction for SMEs to acquire a computer program
  • Additional deduction for the purchase of antigen test kits
  • Additional deduction for the employment of ex-convicts


  • New guidelines on requesting DBD permission not to hold an annual general meeting of shareholders within the period fixed by law
  • Extending the scope of business of a Trade and Investment Support Office and International Business Centre to provide loans to affiliated companies
  • Temporary visa extensions
  • Applications being accepted for Thai permanent residence


  • Initial measurement of property, plant, and equipment


  • IFRS IC agenda decision on non-refundable VAT on lease payments
  • IFRS IC rules on the subsequent accounting treatment of warrants initially classified as financial liabilities
  • Fifth compilation of IFRS IC agenda decisions
  • Ongoing IASB deliberations on the presentation of financial statements
Jonathan Fryer, Outsourcing Partner at Mazars in Thailand
Jonathan is an ICAEW qualified chartered accountant focused on providing business advisory and outsourcing services to owner managed businesses and international organisations operating in Thailand and Asia.
Pongphan Narasin, Director – Taxation Practice at Mazars in Thailand
Pongphan Narasin is the Director – Taxation Practice at Mazars Thailand. She has over 20 years’ tax experience working with international accounting and law firms in Thailand.
Chalermpon Tanopajai, Senior Manager – Legal Practice at Mazars in Thailand
Tippawan Pumbansao, Audit Partner at Mazars in Thailand
Tippawan Pumbansao is an SEC-registered listed company auditor, ASEAN CPA and an Audit Partner of Mazars in Thailand. She graduated from Ramkhamhaeng University with an MBA in accounting and finance.

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