Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,213,334 บาท
Income Tax
- 166,084 บาท
Social Security Fund
- 9,000 บาท
Total tax
- 175,084 บาท
Net pay
* 1,038,251 บาท
Marginal tax rate
25.0%
Average tax rate
14.4%
85.6%
Net pay
14.4%
Total tax
Total tax
Net pay
The Taxberg
1,038,251 บาท
Net pay
9,000 บาท
Tax the employer pays
175,084 บาท
Tax you pay
Total tax paid
184,084 บาท
Did you know your employer also pays tax on your salary? It costs the employer 9,000 บาท to pay you 1,213,334 บาท. In other words, every time you spend 10 บาท of your hard-earned money, 1.52 บาท goes to the government.
Real tax rate
15.1%
So, with you and the employer both paying tax, what used to be a 14.4% tax rate now rises to 15.1%, meaning your real tax rate is actually 0.7% higher than what it seemed at first.
Summary
If you make 1,213,334 บาท a year living in Thailand, you will be taxed 175,084 บาท. That means that your net pay will be 1,038,251 บาท per year, or 86,521 บาท per month. Your average tax rate is 14.4% and your marginal tax rate is 25.0%. 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 25 บาท, hence, your net pay will only increase by 75 บาท.
Bonus Example
A 1,000 บาท bonus will generate an extra 750 บาท of net incomes. A 5,000 บาท bonus will generate an extra 3,750 บาท of net incomes.
Compare average tax
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.