5:07 am - Friday September 30, 2016

Phuket Land Office received over 1,300 million baht of tax in 2010

phuketPaitoon Lertkrai, Head of Phuket Land Office, said that 1,301 million baht of land tax was received by the office during October 2009 – September 2010. The excised tax in this year was 430 million baht more than last year, when it was 871 million baht. He added that in the fiscal year 2010, some 30,812 people registered land ownership and legal transactions. The increase of land legal transaction fees from .01% to 2% also brought more excised tax.

In 2010, there were 12 housing projects covering 1,000 units and 7 condominium projects with over 800 rooms approved in Phuket. This indicated that the property market in Phuket had been growing following the number of people coming to work on the island.

Filed in: Features, Government

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