Income tax calculator Thailand
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
494,000 บาท
Income Tax
- 26,865 บาท
Social Security Fund
- 9,000 บาท
Total tax
- 35,865 บาท
Net pay
*
458,135 บาท
Marginal tax rate
13.2%
Average tax rate
7.3%
92.7%
Net pay
7.3%
Total tax
Total tax
Net pay
The Taxberg
458,135 บาท
Net pay
9,000 บาท
Tax the employer pays
35,865 บาท
Tax you pay
Total tax paid
44,865 บาท
Did you know your employer also pays tax on your salary? It costs the employer 9,000 บาท to pay you 494,000 บาท. In other words, every time you spend 10 บาท of your hard-earned money, 0.91 บาท goes to the government.
Real tax rate
8.9%
So, with you and the employer both paying tax, what used to be a 7.3% tax rate now rises to 8.9%, meaning your real tax rate is actually 1.6% higher than what it seemed at first.
Summary
If you make 494,000 บาท a year living in Thailand, you will be taxed 35,865 บาท. That means that your net pay will be 458,135 บาท per year, or 38,178 บาท per month. Your average tax rate is 7.3% and your marginal tax rate is 13.2%. 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 13.21 บาท, hence, your net pay will only increase by 86.79 บาท.
Bonus Example
A 1,000 บาท bonus will generate an extra 868 บาท of net incomes. A 5,000 บาท bonus will generate an extra 4,340 บาท of net incomes.
Compare average tax
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.