The Internal Revenue Department of the Ministry of Planning and Finance released a statement not to collect two per cent of income tax from the healthcare receivers.
The IRD launched a system that the private health businesses to withhold tax at the time of disbursement of income from professional healthcare providers on 1 September. Moreover, the duties and procedures for the person responsible for the disbursement, and doctors and healthcare providers of the private hospitals and clinics are also issued.
Currently, the people responsible for the disbursement of the private health businesses adopt the wrong method that they collect two per cent of income tax from the healthcare receivers instead of deducting two per cent income tax from healthcare providers on the payment, the statement said.
The private health businesses must not collect a further two per cent of income tax from the healthcare receivers at all, it said.
The owners of private health businesses must supervise the work plans of the people responsible for the disbursement. — Htun Htun/KTZH
IRD issues statement exempting healthcare recipients from income tax collection
- September 27, 2023
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