Protect your pocketbook: Petrol prices to rise

For the first time Bangkok-based fuel stations will be required to pay tariffs. Starting in January the cost of petrol and alternative automotive fuels will see a 5% increase due to taxes in the capital.

The Bangkok Metropolitan Administration (BMA) will impose higher tariffs in order to collect more revenue, according to Deputy Bangkok Governor Kritsada Kluntanont. The increased revenue will provide BMA with an added 500 million baht a year.

Alternative automotive fuels include benzene, diesel, LPG (liquified petroleum gas) and CNG (compressed natural gas).

Unlike most municipalities and local administrative bodies across Thailand, Bangkok does not force tax upon the sale of automotive fuels. Bangkok will tax based on litres of petrol while most local bodies collect on the rate of kilograms, this according to the deputy governor.

The BMA is considering taxation of hotel accommodation and the sale of tobacco. BMA alongside the Metropolitan Waterworks Authority have been busy planning methods in order to tax monthly household wastewater expenses based on tap water use. However, the system of measurement has not yet been developed. Once in place BMA projects they will collect 1 billion baht a year.  

As if that wasn’t enough taxation, Kritsada is also scheming a structure for car-park fines. Creating a car-park tariff will eliminate uncollected fines. Revenues would be shared with the Traffic Police, reports The Nation. 




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