Income tax calculator Thailand
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
306,553 บาท
Income Tax
- 7,478 บาท
Social Security Fund
- 9,000 บาท
Total tax
- 16,478 บาท
Net pay
*
290,075 บาท
Marginal tax rate
8.9%
Average tax rate
5.4%
94.6%
Net pay
5.4%
Total tax
Total tax
Net pay
The Taxberg
290,075 บาท
Net pay
9,000 บาท
Tax the employer pays
16,478 บาท
Tax you pay
Total tax paid
25,478 บาท
Did you know your employer also pays tax on your salary? It costs the employer 9,000 บาท to pay you 306,553 บาท. In other words, every time you spend 10 บาท of your hard-earned money, 0.83 บาท goes to the government.
Real tax rate
8.1%
So, with you and the employer both paying tax, what used to be a 5.4% tax rate now rises to 8.1%, meaning your real tax rate is actually 2.7% higher than what it seemed at first.
Summary
If you make 306,553 บาท a year living in Thailand, you will be taxed 16,478 บาท. That means that your net pay will be 290,075 บาท per year, or 24,173 บาท per month. Your average tax rate is 5.4% and your marginal tax rate is 8.9%. 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 8.91 บาท, hence, your net pay will only increase by 91.09 บาท.
Bonus Example
A 1,000 บาท bonus will generate an extra 911 บาท of net incomes. A 5,000 บาท bonus will generate an extra 4,555 บาท of net incomes.
Compare average tax
North America
Country
Net pay
Average tax
Rank
USA
THB 278488
9.2%
1
Canada
THB 236034
23.0%
2
Latin America
Country
Net pay
Average tax
Rank
Puerto Rico
THB 282182
8.0%
1
Colombia
THB 282029
8.0%
2
Ecuador
THB 277584
9.5%
3
Guatemala
THB 277159
9.6%
4
Costa Rica
THB 274365
10.5%
5
Panama
THB 272832
11.0%
6
Peru
THB 268234
12.5%
7
Mexico
THB 262704
14.3%
8
Brazil
THB 259424
15.4%
9
Chile
THB 252600
17.6%
10
Uruguay
THB 244936
20.1%
11
Argentina
THB 199018
35.1%
12
Show more
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.