Income tax calculator Thailand
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
42,380,000 บาท
Income Tax
- 14,344,850 บาท
Social Security Fund
- 9,000 บาท
Total tax
- 14,353,850 บาท
Net pay
*
28,026,150 บาท
Marginal tax rate
35.0%
Average tax rate
33.9%
66.1%
Net pay
33.9%
Total tax
Total tax
Net pay
The Taxberg
28,026,150 บาท
Net pay
9,000 บาท
Tax the employer pays
14,353,850 บาท
Tax you pay
Total tax paid
14,362,850 บาท
Did you know your employer also pays tax on your salary? It costs the employer 9,000 บาท to pay you 42,380,000 บาท. In other words, every time you spend 10 บาท of your hard-earned money, 3.39 บาท goes to the government.
Real tax rate
33.9%
So, with you and the employer both paying tax, what used to be a 33.9% tax rate now rises to 33.9%, meaning your real tax rate is actually 0% higher than what it seemed at first.
Summary
If you make 42,380,000 บาท a year living in Thailand, you will be taxed 14,353,850 บาท. That means that your net pay will be 28,026,150 บาท per year, or 2,335,513 บาท per month. Your average tax rate is 33.9% 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.
Compare average tax
North America
Country
Net pay
Average tax
Rank
USA
THB 23807642
43.8%
1
Canada
THB 20506807
51.6%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
THB 37905654
10.6%
1
Hong Kong
THB 35289465
16.7%
2
Singapore
THB 33354113
21.3%
3
Indonesia
THB 28778031
32.1%
4
Thailand
THB 28026150
33.9%
5
Pakistan
THB 27702338
34.6%
6
Vietnam
THB 27604025
34.9%
7
Philippines
THB 26555454
37.3%
8
Taiwan
THB 26303845
37.9%
9
New Zealand
THB 26221915
38.1%
10
Malaysia
THB 25679369
39.4%
11
China
THB 24296293
42.7%
12
Japan
THB 23758217
43.9%
13
South Korea
THB 23162674
45.4%
14
Australia
THB 23129276
45.4%
15
India
THB 12459862
70.6%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
THB 37536708
11.4%
1
Brazil
THB 30745002
27.5%
2
Costa Rica
THB 28841284
32.0%
3
Panama
THB 28519739
32.7%
4
Mexico
THB 27714568
34.6%
5
Puerto Rico
THB 27596289
34.9%
6
Argentina
THB 27546758
35.0%
7
Uruguay
THB 26688206
37.0%
8
Colombia
THB 26670098
37.1%
9
Chile
THB 26275597
38.0%
10
Peru
THB 26231575
38.1%
11
Ecuador
THB 24650294
41.8%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
THB 30837466
27.2%
1
Kenya
THB 29683592
30.0%
2
Ivory Coast
THB 28875555
31.9%
3
Nigeria
THB 28831191
32.0%
4
Ghana
THB 28069001
33.8%
5
Mozambique
THB 27623785
34.8%
6
Zambia
THB 26073839
38.5%
7
Cameroon
THB 25845853
39.0%
8
Morocco
THB 25760228
39.2%
9
Senegal
THB 25467715
39.9%
10
South Africa
THB 23654455
44.2%
11
Uganda
THB 23433046
44.7%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
THB 42011474
0.9%
1
Saudi Arabia
THB 41879792
1.2%
2
Bahrain
THB 41646011
1.7%
3
United Arab Emirates
THB 40261000
5.0%
4
Qatar
THB 40261000
5.0%
5
Oman
THB 38989600
8.0%
6
Egypt
THB 31794594
25.0%
7
Lebanon
THB 31791570
25.0%
8
Turkey
THB 24689189
41.7%
9
Israel
THB 22040677
48.0%
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.