Tax-saving tips from individual taxpayers | Bangkok Post: business

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Tax-saving tips from individual taxpayers

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Aphiwat Punnopakorn, a vice-president of Bangkok Bank, sets aside half of his monthly income for savings and investment each month, including tax-saving instruments. 

He invests in all tax-deductible products: provident fund, retirement mutual fund (RMF), long-term equity fund (LTF), life insurance. The LTF is the key instrument in which he is investing monthly at the same amount.

Before filing his personal tax payment form, he will calculate twice in order to cover a maximum of deductible amount.

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