The Revenue Department collected 2.52 trillion baht in tax revenue in the 2026 fiscal year that ended on Sept 30, exceeding its target by 7.5 billion baht, according to acting director-general Salakjit Phongsirichan.
She said revenue collection was 8% higher, or 186 billion baht, than in the previous fiscal year, partly due to higher value-added tax (VAT) receipts.
Domestic VAT collections rose 15%, driven mainly by the retail and wholesale, electricity and oil refining sectors. Part of the increase was attributed to government measures to support the domestic economy. VAT on imports increased by 13.1%, driven by higher import values.
Corporate income tax payments based on companies’ estimated half-year profits rose 13.2%, particularly among oil refining, electricity and insurance businesses.
Personal income tax collections increased 18% from the previous fiscal year, partly due to the use of data analytics to monitor high-potential taxpayers, she said.
Ms Salakjit said that the stronger revenue performence would help support the government’s fiscal position and efforts to drive economic growth.