Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
168,480 บาท
Income Tax
- 506 บาท
Social Security Fund
- 8,351 บาท
Total tax
- 8,857 บาท
Net pay
* 159,623 บาท
Marginal tax rate
8.3%
Average tax rate
5.3%
94.7%
Net pay
5.3%
Total tax
Total tax
Net pay
The Taxberg
159,623 บาท
Net pay
8,351 บาท
Tax the employer pays
8,857 บาท
Tax you pay
Total tax paid
17,208 บาท
Did you know your employer also pays tax on your salary? It costs the employer 8,351 บาท to pay you 168,480 บาท. In other words, every time you spend 10 บาท of your hard-earned money, 1.02 บาท goes to the government.
Real tax rate
9.7%
So, with you and the employer both paying tax, what used to be a 5.3% tax rate now rises to 9.7%, meaning your real tax rate is actually 4.4% higher than what it seemed at first.
Summary
If you make 168,480 บาท a year living in Thailand, you will be taxed 8,857 บาท. That means that your net pay will be 159,623 บาท per year, or 13,302 บาท per month. Your average tax rate is 5.3% and your marginal tax rate is 8.3%. 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 8.33 บาท, hence, your net pay will only increase by 91.67 บาท.
Bonus Example
A 1,000 บาท bonus will generate an extra 917 บาท of net incomes. A 5,000 บาท bonus will generate an extra 4,584 บาท of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
THB 153888
8.7%
1
Canada
THB 138352
17.9%
2
Latin America
Country 
Net pay
Average tax
Rank
Colombia
THB 166223
7.5%
1
Puerto Rico
THB 155086
8.0%
2
Brazil
THB 153307
9.0%
3
Ecuador
THB 152559
9.5%
4
Guatemala
THB 152325
9.6%
5
Mexico
THB 151741
9.9%
6
Costa Rica
THB 150790
10.5%
7
Panama
THB 149947
11.0%
8
Peru
THB 147420
12.5%
9
Chile
THB 138828
17.6%
10
Uruguay
THB 134616
20.1%
11
Argentina
THB 109634
34.9%
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.