Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Summary
If you make 40,920 บาท a year living in Thailand, you will be taxed 2,046 บาท. That means that your net pay will be 38,874 บาท per year, or 3,240 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.
40,500 บาท
41,000 บาท
41,500 บาท
42,000 บาท
42,500 บาท
43,000 บาท
43,500 บาท
44,000 บาท
44,500 บาท
45,000 บาท
45,500 บาท
46,000 บาท
46,500 บาท
47,000 บาท
47,500 บาท
48,000 บาท
48,500 บาท
49,000 บาท
49,500 บาท
50,000 บาท
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.