Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
27,710 บาท
Social Security Fund
- 1,386 บาท
Total tax
- 1,386 บาท
Net pay
* 26,325 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
26,325 บาท
Net pay
1,386 บาท
Tax the employer pays
1,386 บาท
Tax you pay
Total tax paid
2,771 บาท
Did you know your employer also pays tax on your salary? It costs the employer 1,386 บาท to pay you 27,710 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 27,710 บาท a year living in Thailand, you will be taxed 1,386 บาท. That means that your net pay will be 26,325 บาท per year, or 2,194 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.
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.