The Retirement Mutual Funds (RMF) provide clients with a long-term savings plan for their retirement. Investments are tax deductible in accordance with the conditions of the Revenue Department.
You can claim the actual amount of your RMF investment for a tax deduction of not more than 15% of your taxable income and not more than 500,000 baht in total for that tax year. The tax deduction covers investments in RMF, provident funds, government pension funds, private teacher aid fund contributions, national savings fund and annuity insurance premiums.