Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Summary
If you make 118,643 บาท a year living in Thailand, you will be taxed 5,932 บาท. That means that your net pay will be 112,711 บาท per year, or 9,393 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 บาท in your salary will be taxed 5 บาท, hence, your net pay will only increase by 95 บาท.
Bonus Example
A 1,000 บาท bonus will generate an extra 950 บาท of net incomes. A 5,000 บาท bonus will generate an extra 4,750 บาท of net incomes.
118,500 บาท
119,000 บาท
119,500 บาท
120,000 บาท
120,500 บาท
121,000 บาท
121,500 บาท
122,000 บาท
122,500 บาท
123,000 บาท
123,500 บาท
124,000 บาท
124,500 บาท
125,000 บาท
125,500 บาท
126,000 บาท
126,500 บาท
127,000 บาท
127,500 บาท
128,000 บาท
NOTE* Withholding is calculated based on the tables of Thailand, 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.