Investment Conditions for SSFX

SSFX funds are required to be invested during the period from 1 April to 30 June 2020, in accordance with the government’s capital market stimulus measures.

Investment Conditions for SSFX
Investment period	Investment units must be held for a minimum of 10 years from the date of purchase.
Investment Continuity	Investments must be made during the period from 1 April to 30 June 2020 in order to qualify for the 2020 tax deduction.
AnnualMinimumInvestment	There is no set minimum investment.
AnnualMaximumInvestment	Not exceeding THB 200,000 (separate from Social Security Fund (SSF) limit).
Breach of Investment Conditions	In the event of a breach of the investment conditions, or if the investment units are redeemed before the completion of the 10-year holding period (calculated from the date of purchase of the investment units).
Excess investment	In the event that SSFX investment exceeds the eligible limit (i.e., the portion exceeding 30% of taxable income or exceeding THB 200,000):
over the eligible limit	1. The purchase amount attributable to the excess portion is not eligible for a tax deduction. 2. Any capital gain arising from the redemption of investment units attributable to the excess portion will be treated as income in the year of redemption and must be included in the calculation of personal income tax, even if the investment units have been held for more than 10 years.
Practices in case of breach	1. The entire amount of tax exemption must be returned to the Revenue Department, plus a surcharge of 1.50% per month on the amount of exemption, starting from the month of April of the year when the exemption was requested to the day the tax payment is made. 2. Capital gain from non-compliant redemption is deemed as taxable income in the year of redemption. KASIKORN ASSET MANAGEMENT shall deduct a withholding tax from the gain of not less than one Baht, based on the personal income tax rate.
SSF Investment Manual