Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
131,040 บาท
Social Security Fund
- 6,552 บาท
Total tax
- 6,552 บาท
Net pay
* 124,488 บาท
Marginal tax rate
5.0%
Average tax rate
5.0%
95.0%
Net pay
5.0%
Total tax
Total tax
Net pay
The Taxberg
124,488 บาท
Net pay
6,552 บาท
Tax the employer pays
6,552 บาท
Tax you pay
Total tax paid
13,104 บาท
Did you know your employer also pays tax on your salary? It costs the employer 6,552 บาท to pay you 131,040 บาท. In other words, every time you spend 10 บาท of your hard-earned money, 1 บาท 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.
Summary
If you make 131,040 บาท a year living in Thailand, you will be taxed 6,552 บาท. That means that your net pay will be 124,488 บาท per year, or 10,374 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.
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.