Connect with us

Phuket

Excise Revenues Post Sharp Decline

Published

 on 

Excise Revenues Post Sharp Decline | Thaiger

PHUKET TOWN: Despite revenues generated through taxes on luxury yachts and golf fees, the Phuket Provincial Excise Department recorded a steep drop in collections during the most recent fiscal year compared to fiscal 1997. Department Chief Borvorn Chayakul reported that his office collected 190.3 million baht from October 1, 1997 through September 30, 1998, a decline of nearly 49 million baht from the previous 12-month period when 239 million baht was collected. Revenue from two additional categories – luxury yachts and golf courses – accounted for almost 16 million baht in new taxes during the most recent fiscal year. Golf fees produced 15.2 million baht, while excise taxes on yachts provided another 559,000 baht. But a steep decline recorded in motor fuel and oil products excise tax collections – the single largest revenue category – more than offset the intake from the two new categories. Taxes collected by the provincial department on motor fuel and oil products during fiscal year 1998 amounted to 169.4 million baht – down 38 percent from the previous year. Excise tax collections on beverages, one of the few bright spots for the department, rose to 2.3 million baht in fiscal 1998, up from 1.7 million baht a year earlier.

 

Get more from The Thaiger

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

Follow Thaiger by email:

Thailand21 mins ago

Motorbike taxi driver saves teenager from suicide in eastern Thailand

South1 hour ago

UPDATE: BRN insurgents admits to Deep South bombings

Crime1 hour ago

Alleged kidnapper arrested, girl reunited with parents after months

Cannabis1 hour ago

New govt bill on cannabis hopes to clear blurred lines in Thailand

Crime2 hours ago

Famous Thai actress “Pinky” jailed for Forex-3D scam, denied bail

Chon Buri2 hours ago

Father tragically drowns while fishing in Chon Buri pond

Join the conversation on the Thaiger Talk forums today!
Crime3 hours ago

South African’s life sentence reduced to 33 years for drug trafficking in Thailand

Thailand3 hours ago

PM’s office is one of Thailand’s top advertising spenders

What you get for $X3 hours ago

What $500,000 buys you for a condo in Phuket, Pattaya, Koh Samui, and Bangkok

Thailand3 hours ago

Health dept’s reply to rising food costs: ‘let them eat curry & rice’

Politics3 hours ago

Sri Lanka’s exiled president to head home after Thailand stay

Thailand3 hours ago

New Bill Restrictions for Cannabis use in Thailand | GMT

Thailand4 hours ago

Two Indians stopped for taking restricted goods to Bangkok

Thailand19 hours ago

Thailand News Today | Thais more relaxed about Covid-19

Bangkok19 hours ago

‘Win’ motorbike taxi drivers protest against GrabBike in Bangkok, Thailand

Thailand11 months ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand1 year ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism1 year ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket1 year ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism1 year ago

Phuket Thai food treats you need to try | VIDEO

Thailand1 year ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism1 year ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand2 years ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand2 years ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand2 years ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand2 years ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand2 years ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand2 years ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand2 years ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand2 years ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Trending