Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
38,350,008 บาท
Income Tax
- 12,934,353 บาท
Social Security Fund
- 9,000 บาท
Total tax
- 12,943,353 บาท
Net pay
* 25,406,655 บาท
Marginal tax rate
35.0%
Average tax rate
33.8%
66.2%
Net pay
33.8%
Total tax
Total tax
Net pay
The Taxberg
25,406,655 บาท
Net pay
9,000 บาท
Tax the employer pays
12,943,353 บาท
Tax you pay
Total tax paid
12,952,353 บาท
Did you know your employer also pays tax on your salary? It costs the employer 9,000 บาท to pay you 38,350,008 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 33.8% tax rate now rises to 33.8%, meaning your real tax rate is actually 0% higher than what it seemed at first.
Summary
If you make 38,350,008 บาท a year living in Thailand, you will be taxed 12,943,353 บาท. That means that your net pay will be 25,406,655 บาท per year, or 2,117,221 บาท per month. Your average tax rate is 33.8% 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 21659657
43.5%
1
Canada
THB 18634054
51.4%
2
Africa
Country 
Net pay
Average tax
Rank
Angola
THB 27905647
27.2%
1
Kenya
THB 26862598
30.0%
2
Ivory Coast
THB 26125790
31.9%
3
Nigeria
THB 26089991
32.0%
4
Ghana
THB 25403162
33.8%
5
Mozambique
THB 25004290
34.8%
6
Zambia
THB 23595394
38.5%
7
Cameroon
THB 23392193
39.0%
8
Morocco
THB 23318101
39.2%
9
Senegal
THB 23049720
39.9%
10
South Africa
THB 21437959
44.1%
11
Uganda
THB 21216551
44.7%
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.