Income tax calculator Thailand
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
11,916,667 บาท
Income Tax
- 3,682,683 บาท
Social Security Fund
- 9,000 บาท
Total tax
- 3,691,683 บาท
Net pay
*
8,224,984 บาท
Marginal tax rate
35.0%
Average tax rate
31.0%
69.0%
Net pay
31.0%
Total tax
Total tax
Net pay
The Taxberg
8,224,984 บาท
Net pay
9,000 บาท
Tax the employer pays
3,691,683 บาท
Tax you pay
Total tax paid
3,700,683 บาท
Did you know your employer also pays tax on your salary? It costs the employer 9,000 บาท to pay you 11,916,667 บาท. In other words, every time you spend 10 บาท of your hard-earned money, 3.11 บาท goes to the government.
Real tax rate
31.0%
So, with you and the employer both paying tax, what used to be a 31% tax rate now rises to 31.0%, meaning your real tax rate is actually 0% higher than what it seemed at first.
Summary
If you make 11,916,667 บาท a year living in Thailand, you will be taxed 3,691,683 บาท. That means that your net pay will be 8,224,984 บาท per year, or 685,415 บาท per month. Your average tax rate is 31.0% and your marginal tax rate is 35.0%. 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 35 บาท, hence, your net pay will only increase by 65 บาท.
Bonus Example
A 1,000 บาท bonus will generate an extra 650 บาท of net incomes. A 5,000 บาท bonus will generate an extra 3,250 บาท of net incomes.
North America
Country
Net pay
Average tax
Rank
USA
THB 7424255
37.7%
1
Canada
THB 6350375
46.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
THB 10488654
12.0%
1
Hong Kong
THB 10004898
16.0%
2
Singapore
THB 9592713
19.5%
3
Thailand
THB 8224984
31.0%
4
Indonesia
THB 8184819
31.3%
5
Taiwan
THB 8025845
32.7%
6
Pakistan
THB 7901172
33.7%
7
Vietnam
THB 7802859
34.5%
8
Philippines
THB 7642802
35.9%
9
New Zealand
THB 7639282
35.9%
10
Malaysia
THB 7628771
36.0%
11
China
THB 7541460
36.7%
12
Japan
THB 7340664
38.4%
13
South Korea
THB 7245782
39.2%
14
Australia
THB 6983710
41.4%
15
India
THB 5939676
50.2%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
THB 10574190
11.3%
1
Brazil
THB 8659085
27.3%
2
Costa Rica
THB 8392771
29.6%
3
Panama
THB 8185464
31.3%
4
Uruguay
THB 8185996
31.3%
5
Colombia
THB 8088099
32.1%
6
Chile
THB 7997597
32.9%
7
Mexico
THB 7913402
33.6%
8
Puerto Rico
THB 7901745
33.7%
9
Argentina
THB 7745592
35.0%
10
Peru
THB 7572783
36.5%
11
Ecuador
THB 7272029
39.0%
12
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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.