The Revenue Department has opened the right to reduce home loan interest. No more documents needed

The Revenue Department notifies those who have borrowed money since January 1, 2021, using the right to reduce home loan – hire purchase – build an address. without requesting documents

The Revenue Department has updated the form of exercising the right to reduce interest on loans for purchase, hire purchase or housing construction. No more documents needed For the loan agreement starting from 1 Jan. 21 onwards with the following objectives:

Borrowers can use tax deduction rights quickly.
Do not keep documents
Notify banks or lenders to submit information to the Revenue Department in electronic form.