Income tax calculator Thailand
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
37,960,000 บาท
Income Tax
- 12,797,850 บาท
Social Security Fund
- 9,000 บาท
Total tax
- 12,806,850 บาท
Net pay
*
25,153,150 บาท
Marginal tax rate
35.0%
Average tax rate
33.7%
66.3%
Net pay
33.7%
Total tax
Total tax
Net pay
The Taxberg
25,153,150 บาท
Net pay
9,000 บาท
Tax the employer pays
12,806,850 บาท
Tax you pay
Total tax paid
12,815,850 บาท
Did you know your employer also pays tax on your salary? It costs the employer 9,000 บาท to pay you 37,960,000 บาท. In other words, every time you spend 10 บาท of your hard-earned money, 3.38 บาท goes to the government.
Real tax rate
33.8%
So, with you and the employer both paying tax, what used to be a 33.7% tax rate now rises to 33.8%, meaning your real tax rate is actually 0.099999999999994% higher than what it seemed at first.
Summary
If you make 37,960,000 บาท a year living in Thailand, you will be taxed 12,806,850 บาท. That means that your net pay will be 25,153,150 บาท per year, or 2,096,096 บาท per month. Your average tax rate is 33.7% 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.
North America
Country
Net pay
Average tax
Rank
USA
THB 21451782
43.5%
1
Canada
THB 18452816
51.4%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
THB 33927654
10.6%
1
Hong Kong
THB 31620865
16.7%
2
Singapore
THB 29906513
21.2%
3
Indonesia
THB 25790112
32.1%
4
Thailand
THB 25153150
33.7%
5
Pakistan
THB 24829338
34.6%
6
Vietnam
THB 24731025
34.9%
7
Philippines
THB 23811371
37.3%
8
Taiwan
THB 23651845
37.7%
9
New Zealand
THB 23525715
38.0%
10
Malaysia
THB 23071613
39.2%
11
China
THB 21865293
42.4%
12
Japan
THB 21376154
43.7%
13
South Korea
THB 20858586
45.1%
14
Australia
THB 20786676
45.2%
15
India
THB 11951252
68.5%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
THB 33624650
11.4%
1
Brazil
THB 27540502
27.5%
2
Costa Rica
THB 25874359
31.8%
3
Panama
THB 25569389
32.6%
4
Mexico
THB 24841568
34.6%
5
Puerto Rico
THB 24738760
34.8%
6
Argentina
THB 24673758
35.0%
7
Uruguay
THB 24003675
36.8%
8
Colombia
THB 23974004
36.8%
9
Chile
THB 23623597
37.8%
10
Peru
THB 23524325
38.0%
11
Ecuador
THB 22128839
41.7%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
THB 27621916
27.2%
1
Kenya
THB 26589592
30.0%
2
Ivory Coast
THB 25859678
31.9%
3
Nigeria
THB 25824707
32.0%
4
Ghana
THB 25145171
33.8%
5
Mozambique
THB 24750785
34.8%
6
Zambia
THB 23355539
38.5%
7
Cameroon
THB 23154736
39.0%
8
Morocco
THB 23081761
39.2%
9
Senegal
THB 22815715
39.9%
10
South Africa
THB 21223455
44.1%
11
Uganda
THB 21002046
44.7%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
THB 37591474
1.0%
1
Saudi Arabia
THB 37459792
1.3%
2
Bahrain
THB 37270211
1.8%
3
United Arab Emirates
THB 36062000
5.0%
4
Qatar
THB 36062000
5.0%
5
Oman
THB 34923200
8.0%
6
Egypt
THB 28479593
25.0%
7
Lebanon
THB 28476570
25.0%
8
Turkey
THB 22114937
41.7%
9
Israel
THB 19830677
47.8%
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.