Income tax calculator Thailand
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
23,920,000 บาท
Income Tax
- 7,883,850 บาท
Social Security Fund
- 9,000 บาท
Total tax
- 7,892,850 บาท
Net pay
*
16,027,150 บาท
Marginal tax rate
35.0%
Average tax rate
33.0%
67.0%
Net pay
33.0%
Total tax
Total tax
Net pay
The Taxberg
16,027,150 บาท
Net pay
9,000 บาท
Tax the employer pays
7,892,850 บาท
Tax you pay
Total tax paid
7,901,850 บาท
Did you know your employer also pays tax on your salary? It costs the employer 9,000 บาท to pay you 23,920,000 บาท. In other words, every time you spend 10 บาท of your hard-earned money, 3.30 บาท goes to the government.
Real tax rate
33.0%
So, with you and the employer both paying tax, what used to be a 33% tax rate now rises to 33.0%, meaning your real tax rate is actually 0% higher than what it seemed at first.
Summary
If you make 23,920,000 บาท a year living in Thailand, you will be taxed 7,892,850 บาท. That means that your net pay will be 16,027,150 บาท per year, or 1,335,596 บาท per month. Your average tax rate is 33.0% and your marginal tax rate is 35.0%. 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 35 บาท, hence, your net pay will only increase by 65 บาท.
Bonus Example
A 1,000 บาท bonus will generate an extra 650 บาท of net incomes. A 5,000 บาท bonus will generate an extra 3,250 บาท of net incomes.
Europe
Country
Net pay
Average tax
Rank
Russia
THB 20810400
13.0%
1
Hungary
THB 19494800
18.5%
2
Ukraine
THB 19255600
19.5%
3
Czech Republic
THB 18381684
23.2%
4
Romania
THB 13993200
41.5%
5
Poland
THB 13862895
42.0%
6
Switzerland
THB 13744712
42.5%
7
Greece
THB 13466651
43.7%
8
United Kingdom
THB 13152277
45.0%
9
Norway
THB 13072997
45.4%
10
Spain
THB 13004272
45.6%
11
Austria
THB 12982860
45.7%
12
Luxembourg
THB 12707256
46.9%
13
Denmark
THB 12700554
46.9%
14
Netherlands
THB 12398553
48.2%
15
Sweden
THB 12294043
48.6%
16
Germany
THB 12067760
49.6%
17
Ireland
THB 11996451
49.9%
18
France
THB 11338652
52.6%
19
Italy
THB 11107441
53.6%
20
Finland
THB 9339490
61.0%
21
Belgium
THB 9130164
61.8%
22
Portugal
THB 8921841
62.7%
23
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North America
Country
Net pay
Average tax
Rank
USA
THB 13968462
41.6%
1
Canada
THB 11928372
50.1%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
THB 21291654
11.0%
1
Hong Kong
THB 19967665
16.5%
2
Singapore
THB 18955313
20.8%
3
Indonesia
THB 16299072
31.9%
4
Thailand
THB 16027150
33.0%
5
Pakistan
THB 15703338
34.4%
6
Vietnam
THB 15605025
34.8%
7
Taiwan
THB 15227845
36.3%
8
Philippines
THB 15094871
36.9%
9
New Zealand
THB 14961315
37.5%
10
Malaysia
THB 14788153
38.2%
11
China
THB 14143293
40.9%
12
Japan
THB 13809600
42.3%
13
South Korea
THB 13539718
43.4%
14
Australia
THB 13345477
44.2%
15
India
THB 10335666
56.8%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
THB 21198112
11.4%
1
Brazil
THB 17361502
27.4%
2
Costa Rica
THB 16450009
31.2%
3
Panama
THB 16197689
32.3%
4
Mexico
THB 15715568
34.3%
5
Puerto Rico
THB 15661900
34.5%
6
Argentina
THB 15547758
35.0%
7
Uruguay
THB 15476340
35.3%
8
Colombia
THB 15409940
35.6%
9
Chile
THB 15199597
36.5%
10
Peru
THB 14924825
37.6%
11
Ecuador
THB 14119510
41.0%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
THB 17407816
27.2%
1
Kenya
THB 16761592
29.9%
2
Ivory Coast
THB 16279835
31.9%
3
Nigeria
THB 16274699
32.0%
4
Ghana
THB 15857711
33.7%
5
Mozambique
THB 15624785
34.7%
6
Zambia
THB 14720939
38.5%
7
Cameroon
THB 14606482
38.9%
8
Morocco
THB 14573690
39.1%
9
Senegal
THB 14391715
39.8%
10
South Africa
THB 13501455
43.6%
11
Uganda
THB 13280046
44.5%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
THB 23551475
1.5%
1
Saudi Arabia
THB 23419792
2.1%
2
Bahrain
THB 23370611
2.3%
3
United Arab Emirates
THB 22724000
5.0%
4
Qatar
THB 22724000
5.0%
5
Oman
THB 22006400
8.0%
6
Egypt
THB 17949594
25.0%
7
Lebanon
THB 17946570
25.0%
8
Turkey
THB 13937900
41.7%
9
Israel
THB 12810677
46.4%
10
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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.