Nay Pyi Taw, 29 August
The military regime’s Ministry of Planning and Finance announced that a 2% income tax will be collected from private healthcare workers starting September 1.
The directive, which was issued on August 25, includes a 2% income tax deduction for payments to health care providers in private hospitals, clinics, and health facilities.
The 2% income tax deducted must be deposited within 15 days in the bank account of the person who received the money or the health care provider’s name at the Township Tax Office, the Tax Office for Medium Taxpayers, and the Tax Office for Large Taxpayers.
According to a private doctor, the cost of medical treatment may increase for patients due to the military council’s income tax collection, and it is the patients who will suffer”.
The private health workers who will be subject to income tax include doctors, nurses, midwives licensees, and technical experts who are licensed and registered by the Myanmar Medical Council, Myanmar Dental and Oral Medical Council, and Nursing and Midwifery Council.
Many believe that the military council’s income tax collection is intended to check the income of specialists and doctors and to collect taxes from the private health sector, while domestic tax revenue is low.
There are hundreds of thousands of healthcare providers in private healthcare centers in Myanmar, according to the military council’s Ministry of Health.
News – Than Lwin Times
Photo: Twitter
Thanlwintimes