Income tax calculator ThailandFind out how much your salary is after tax
Salary rate
Withholding
Salary 11,500 บาท
Social Security Fund - 575 บาท
Total tax - 575 บาท
Net pay * 10,925 บาท
Marginal tax rate 5.0%
Average tax rate 5.0%
5%Total tax
95%
Net payThe Taxberg
10,925 บาท
Net pay
575 บาท
Tax the employer pays
575 บาท
Tax you pay
Total tax paid
฿1,150
Did you know your employer also pays tax on your salary? It costs the employer 575 บาท to pay you 11,500 บาท. In other words, every time you spend ฿10 of your hard-earned money, ฿1 goes to the government.
Real tax rate
9.5%
So, with you and the employer both paying tax, what used to be a 5% tax rate now rises to 9.5%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
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Summary
If you make 11,500 บาท a year living in Thailand, you will be taxed 575 บาท. That means that your net pay will be 10,925 บาท per year, or 910 บาท per month. Your average tax rate is 5.0% and your marginal tax rate is 5.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of ฿100 in your salary will be taxed ฿5, hence, your net pay will only increase by ฿95.
Bonus ExampleA ฿1,000 bonus will generate an extra ฿950 of net incomes. A ฿5,000 bonus will generate an extra ฿4,750 of net incomes.
NOTE* Withholding is calculated based on the Thailand tables of TH, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.