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Thailand to consider scrapping excise tax on spa fees to promote tourism
POSTED 30 Sep 2014 . BY Helen Andrews
Thailand's finance minister, Sommai Phasee believes the tax on spas should be reviewed as he sees it as outdated and unfair Credit: Shutterstock / Ersler Dmitry
Thailand’s excise department is to consider supporting tourism by abolishing tax levied on profits made by the country’s golf courses and spas.

The excise department’s general director, Somchai Poolsawasdi, revealed that Thailand’s finance minister, Sommai Phasee, is looking at ways to reform the nation’s tax structure to promote both tourism and public health.

“The tax exemption [on spas and golf courses] could help promote tourism,” said Poonsawat. “It will encourage more tourists, especially those who enjoy niche activities.”

Taxes on spas and golf courses contribute several hundred million Thai bhat (THB) to the excise department, according to The Bangkok Post. The department levies a 10 per cent excise tax on golf course membership fees and another 10 per cent on golf course services.10 per cent is again charged on spa service fees. Spas approved by the Public Health Ministry, however, are exempt from the tax.

Phasee believes his finance department should review the taxes, which he says are outdated and unfair.

The national tourism industry currently accounts for less than ten per cent of GDP because martial law has discouraged foreign visitors.

The Tourism Authority of Thailand has cut its 2014 tourism target several times. Its latest goal is 1.9 trillion THB (US$59bn, €46bn, £36bn) in revenue and 25.5m arrivals – down from the 28m arrivals projected earlier in the year.
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Jobs    News   Products   Magazine
NEWS
Thailand to consider scrapping excise tax on spa fees to promote tourism
POSTED 30 Sep 2014 . BY Helen Andrews
Thailand's finance minister, Sommai Phasee believes the tax on spas should be reviewed as he sees it as outdated and unfair Credit: Shutterstock / Ersler Dmitry
Thailand’s excise department is to consider supporting tourism by abolishing tax levied on profits made by the country’s golf courses and spas.

The excise department’s general director, Somchai Poolsawasdi, revealed that Thailand’s finance minister, Sommai Phasee, is looking at ways to reform the nation’s tax structure to promote both tourism and public health.

“The tax exemption [on spas and golf courses] could help promote tourism,” said Poonsawat. “It will encourage more tourists, especially those who enjoy niche activities.”

Taxes on spas and golf courses contribute several hundred million Thai bhat (THB) to the excise department, according to The Bangkok Post. The department levies a 10 per cent excise tax on golf course membership fees and another 10 per cent on golf course services.10 per cent is again charged on spa service fees. Spas approved by the Public Health Ministry, however, are exempt from the tax.

Phasee believes his finance department should review the taxes, which he says are outdated and unfair.

The national tourism industry currently accounts for less than ten per cent of GDP because martial law has discouraged foreign visitors.

The Tourism Authority of Thailand has cut its 2014 tourism target several times. Its latest goal is 1.9 trillion THB (US$59bn, €46bn, £36bn) in revenue and 25.5m arrivals – down from the 28m arrivals projected earlier in the year.
RELATED STORIES
Six Senses Spa to complete resort offering at Thailand's Evason Hua Hin


Six Senses Hotels Resorts Spas has signed a licence agreement with the owner of a beach resort in Hua Hin, Thailand, to operate a Six Senses Spa as the property undergoes significant refurbishment.
Five reasons to attend World Spa & Well-being Convention 2014


With more than 400 exhibitors and over 300 conference delegates, the World Spa & Well-being Convention 2014 being held in Thailand is a must-attend event.
Thai Healing Academy specialises in long distance online massage therapy training


The Thai Healing Massage Academy, based in Thailand’s city of Chiang Mai, has introduced a new and improved system for long distance online massage therapy training.
Malaysia competes with Singapore and Thailand for medical tourists


Malaysia is seeking to overtake its neighbours Singapore and Thailand as the prime destination for medical and wellness tourism, appealing to less affluent international consumers, including visitors seeking spas.
MORE NEWS
Gymnation launches branded athleisure collection for men with muscle thobe and ghutra
In response to customer demand, Gymnation has unveiled a muscle thobe and ghutra range for Saudi men that celebrates Saudi culture as well as the region’s growing interest in fitness.
World Firefighters Games creates new opportunities for collaboration with the fitness sector
Italian Exhibition Group – the organiser behind industry events Dubai Active and Dubai Muscle Show – has been appointed to deliver the Health and Wellness Expo and Fire and Safety Expo at the 16th World Firefighters Games.
Planet Fitness deal hints at blueprint for global expansion
Private investment company, Franchise Equity Partners, has acquired Bravo Fit, the Planet Fitness franchisee in Australia, from existing shareholders.
Fitness First UK unveils makeover of Highbury club with new recovery and Pilates offerings
Fitness First UK has raised the bar with its latest refurbishment, in Highbury, London, as it continues to premiumise its estate.
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