On July 30, 2024, the Thai Cabinet approved enhanced tax incentives for investments in Thai Environmental, Social, and Governance (ESG) funds. The annual tax deduction limit has been increased from THB 100,000 to THB 300,000, but it must not exceed 30 percent of the investor's assessable income. Additionally, the required holding period for investment units has been reduced from eight years to five years for units purchased between January 1, 2024, and December 31, 2026.
Investments in Thai ESG funds will be separate from other retirement savings funds, such as retirement mutual funds and provident funds, which currently share a combined tax deduction cap of THB 500,000.
Source : Thaigov.go.th