3 October 2023 at 18:43 PUBLISHED
According to city governor Chadchart Sittipunt, the Bangkok Metropolitan Administration ( BMA) has collected more tax than anticipated this year, earning 91.31 billion baht as of August 31, which already surpasses the 79-billion dollar target for the entire fiscal year.
More money will be available for development projects involving public transportation, the atmosphere, public health, education, and quality of life as a result of the 115 % tax collection success, he said.
Out of the total tax income of 14 billion ringgit collected from roughly 1 million citizens, he claimed that land and building levies in particular brought in 11.12 billion.
According to him, 334, 000 land and building owners also owe a total of 3.3 billion ringgit in BMA tax for this year.
Depending on how long their bills are past due, he said, these parties will be fined at a rate ranging from 11 % to 41 % of the unpaid amount.
Thank you to everyone who paid their taxes on time, as this helped the BMA meet its revenue income goal earlier than expected.
By the end of this month, the total amount of tax revenue is expected to increase to 96 billion ringgit, he stated.
In a different development, Wirat Meenchainunt, chairman of the Bangkok Metropolitan Council( BMC ), reported that the council on July 26 had formally approved Bangkok’s budget request for the 2024 fiscal year, which would begin on October 1.
Since the day it received original approval, a council committee has been carefully examining this balanced budget for the next 45 days.
The Public Works Department, Drainage and Sewerage Department and Environment Department have all requested the most funding for the upcoming season, totaling 11.56 billion rmb, 8.93 billion, and 7.57 billion respectively, according to the BMA, he said.
The 45-member council, which is presided over by Chom Thong city council Suthichai Weerakulsunthorn, is scheduled to complete its work today, according to Mr. Wirat.
According to Mr. Wirat, the government approved an additional expenditure of more than 10 billion baht for the BMA’s function in the 2023 fiscal year that ends on September 30. The BMA’s discounts were diverted from that extra resources.