The Cabinet has approved extending the reduced value-added tax rate of 7 percent for another year, until 30 September 2027, to help ease the cost of living and maintain Thailand's economic stability. Deputy government spokesperson Ratchada Thanadirek said the measure will take effect from 1 October 2026, following the current expiry on 30 September 2026. The VAT rate will be temporarily kept at 6.3 percent excluding local tax, or 7 percent including local tax, for all sales of goods, services, and imports. Maintaining this rate will help stimulate consumer spending, strengthen business confidence, and support domestic private investment to expand as targeted.