Health insurance customers of Krungthai Panich Insurance who want to exercise the right for tax deduction can request a tax deduction on insurance premium in order to comply with the conditions of the Revenue Department. The company will submit insurance premium payment information as you have notified to the Revenue Department.
Health insurance premium and accident insurance premium that protect one's health can be deducted according to actual expenses. The total sum cannot be greater than 25,000 baht and when combined with life insurance and savings insurance, the total sum cannot be greater than 100,000 baht.
Health insurance premium of the taxpayer's parents or the parents of the spouse of the taxpayer can be deducted according to actual expenses, and the total sum cannot be greater than 15,000 baht. However, parents must not have assessable income greater than 30,000 baht in the tax year in which the income tax exemption is exercised, without restrictions on the age of the parents.
For more information, please contact KPI Contact Center 0 2624 1111 (Monday - Friday, 8.00 am - 6.00 pm)