As the tax filing season approaches, many people become more alert in seeking tax deduction tools to reduce expenses. In early December 2025, news emerged that the Ministry of Finance was preparing a policy to stimulate savings for submission to the Cabinet. Among the notable policies is the “TISA Project,” which will revise conditions and potentially allow tax deductions of up to 800,000 baht per year!
First, let's understand that the TISA Project, or Thailand Individual Savings Account, is a personal savings and investment account open to investors purchasing assets both domestically and internationally under the conditions set by the Stock Exchange of Thailand. According to data, the new tax deduction formula is expected to expand the total allowable tax deduction to 800,000 baht, up from the current approximately 500,000 baht.
Why does the government focus on this? One reason is that Thailand is entering an aging society but may have insufficient savings. This reflects potential risks that could become a heavy fiscal burden in the medium to long term.
Another key challenge is that Thailand's capital market, especially the stock market, has significantly slowed down recently. The TISA Project represents the government's effort to encourage more citizens to invest in Thailand's capital market.
Currently, citizens have investment and retirement planning options aligned with the TISA Project, such as
One of the main interests is how much tax deduction TISA offers and under what conditions. Preliminary information indicates that
- Individuals with assessable income not exceeding 1.5 million baht per year can deduct 1.3 times the amount, up to a maximum of 1.04 million baht.
- Individuals with assessable income exceeding 1.5 million baht per year can deduct 0.7 times (down from the previous maximum of 1 time), up to a maximum of 560,000 baht.
Since TISA aims to encourage long-term savings, there are time conditions: if invested before age 55, units must be held until reaching 55 to redeem; if investing at age 55 or older, units must be held for at least five years before redemption. There may be early redemption conditions in case of disasters affecting the account holder.
, Additional conditions of the TISA Project made public include that
By this point, many likely have a clearer overall understanding of the TISA Project. However, there are two other noteworthy Quick Big Win savings initiatives:
1. The government bond project “AomPlus”
This project aims to increase public access to government bonds, issuing them continuously once a month via both online through the Bond Connect system and offline through commercial bank branches.
2. Pension-type life insurance products with lump-sum payments upon pension commencement (Lump-Sum Annuity)
The government promotes pension life insurance products that provide a lump sum at the first pension payment, supporting retirement preparation or other needs. This encourages long-term savings, reduces dependence on state pensions, and supports a stable aging society.
Nonetheless, all these projects await final decisions on the format citizens will receive and how effectively they will stimulate savings and investment among Thais in the future.
Source: Ministry of Finance
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