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Install solar panels for tax deductions in 2026 - A golden opportunity for businesses looking to reduce costs and increase profits
Transform your factory rooftop into a money-making machine with the most valuable tax benefits of the year
For 2026, measures to support solar panel installation remain a key strategy used by the government to propel Thailand towards a low-carbon society. This is considered a "double benefit" for business owners, as it not only significantly reduces monthly electricity bills but also provides tax savings on the investment.
Installing solar rooftops isn't just an eco-friendly trend; it's a powerful "Tax Shield" for businesses. If you're looking for an efficient way to manage corporate income tax, investing in clean energy is the perfect solution right now.
1. Benefits from BOI (Industrial Upgrading Measures)
For businesses looking to improve energy efficiency, you can apply for incentives from the BOI under the circular economy and renewable energy measures.
- Exemption from corporate income tax: Up to 50% of the investment (excluding land and working capital) for a period of 3 years.
- License Period: Revenue begins to be counted from the date the system installation certificate is received.
2. Benefits from depreciation deduction.
In accounting, solar power system equipment is considered a depreciable asset.
- Increased deductions: You can gradually deduct the actual installation cost as a company expense, which will help reduce the net profit used to calculate income tax each year.
3. Benefits for Individuals (Latest Measures)
If you use your home as an office or own a business registered under your own name as an individual, there are currently policies that allow you to deduct the cost of purchasing and installing solar panels from your personal income tax (according to the criteria set by the Revenue Department each year). This is usually limited to the actual amount paid but not exceeding a specified ceiling.
Why start planning today?
Applying for tax benefits, especially from the BOI, involves rigorous documentation and engineering standards checks.
- Pre-installation requirements: Applications for BOI promotion should have a well-prepared project plan before the project commences.
- The standards must be precise: The system must be certified by engineers and relevant authorities for use in applying for licenses.
Conclude from Energy X:
Installing solar panels in 2026 is an investment that "will never lose" because a portion of your investment will be repaid in the form of taxes you don't have to pay and electricity bills you don't have to pay. Let us take care of both the standardized system installation and the preparation of information to receive tax benefits for your business.
