Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
150,000 บาท
Income Tax
- 114 บาท
Social Security Fund
- 7,500 บาท
Total tax
- 7,614 บาท
Net pay
* 142,387 บาท
Marginal tax rate
6.1%
Average tax rate
5.1%
94.9%
Net pay
5.1%
Total tax
Total tax
Net pay
Summary
If you make 150,000 บาท a year living in Thailand, you will be taxed 7,614 บาท. That means that your net pay will be 142,387 บาท per year, or 11,866 บาท per month. Your average tax rate is 5.1% and your marginal tax rate is 6.2%. 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 6.15 บาท, hence, your net pay will only increase by 93.85 บาท.
Bonus Example
A 1,000 บาท bonus will generate an extra 939 บาท of net incomes. A 5,000 บาท bonus will generate an extra 4,693 บาท of net incomes.
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.