Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,673,793 บาท
Income Tax
- 281,198 บาท
Social Security Fund
- 9,000 บาท
Total tax
- 290,198 บาท
Net pay
* 1,383,595 บาท
Marginal tax rate
25.0%
Average tax rate
17.3%
82.7%
Net pay
17.3%
Total tax
Total tax
Net pay
The Taxberg
1,383,595 บาท
Net pay
9,000 บาท
Tax the employer pays
290,198 บาท
Tax you pay
Total tax paid
299,198 บาท
Did you know your employer also pays tax on your salary? It costs the employer 9,000 บาท to pay you 1,673,793 บาท. In other words, every time you spend 10 บาท of your hard-earned money, 1.79 บาท goes to the government.
Real tax rate
17.8%
So, with you and the employer both paying tax, what used to be a 17.3% tax rate now rises to 17.8%, meaning your real tax rate is actually 0.5% higher than what it seemed at first.
Summary
If you make 1,673,793 บาท a year living in Thailand, you will be taxed 290,198 บาท. That means that your net pay will be 1,383,595 บาท per year, or 115,300 บาท per month. Your average tax rate is 17.3% 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.