7,020 บาท income tax calculator 2025 - Thailand

Salary rate

Annual

Month

Semimonthly

Weekly

Day

Hour

Withholding

Salary

7,020 บาท

Social Security Fund

- 351 บาท

Total tax

- 351 บาท

Net pay

* 6,669 บาท

Marginal tax rate

5.0%

Average tax rate

5.0%

95.0%

Net pay

5.0%

Total tax

Net pay

The Taxberg

6,669 บาท

Net pay

351 บาท

Tax the employer pays

351 บาท

Tax you pay

Total tax paid

702 บาท

Did you know your employer also pays tax on your salary? It costs the employer 351 บาท to pay you 7,020 บาท. In other words, every time you spend 10 บาท of your hard-earned money, 1 บาท goes to the government.

Real tax rate

9.5%

So, with you and the employer both paying tax, what used to be a 5% tax rate now rises to 9.5%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.

People also ask

7,020 บาท yearly is how much per hour?

3.38 บาท hourly is how much per year?

Summary

If you make 7,020 บาท a year living in Thailand, you will be taxed 351 บาท. That means that your net pay will be 6,669 บาท per year, or 556 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.

Tax per income

North America

Canada

THB 6909

1.6%

1

USA

THB 6412

8.7%

2

Asia / Pacific

Australia

THB 7020

0.0%

1

Singapore

THB 7020

0.0%

2

Hong Kong

THB 7020

0.0%

3

Thailand

THB 6669

5.0%

4

Pakistan

THB 6645

5.3%

5

Indonesia

THB 6402

8.8%

6

Taiwan

THB 6399

8.9%

7

South Korea

THB 6270

10.7%

8

New Zealand

THB 6185

11.9%

9

India

THB 6178

12.0%

10

China

THB 6094

13.2%

11

Malaysia

THB 6026

14.2%

12

Vietnam

THB 5969

15.0%

13

Philippines

THB 5709

18.7%

14

Japan

THB 5704

18.7%

15

Kazakhstan

THB 5560

20.8%

16

Latin America

Mexico

THB 6853

2.4%

1

Brazil

THB 6494

7.5%

2

Puerto Rico

THB 6462

8.0%

3

Colombia

THB 6458

8.0%

4

Ecuador

THB 6357

9.5%

5

Guatemala

THB 6347

9.6%

6

Costa Rica

THB 6283

10.5%

7

Panama

THB 6248

11.0%

8

Peru

THB 6142

12.5%

9

Argentina

THB 5827

17.0%

10

Chile

THB 5784

17.6%

11

Uruguay

THB 5749

18.1%

12

Africa

South Africa

THB 6950

1.0%

1

Uganda

THB 6669

5.0%

2

Ghana

THB 6634

5.5%

3

Zambia

THB 6599

6.0%

4

Morocco

THB 6547

6.7%

5

Ivory Coast

THB 6494

7.5%

6

Senegal

THB 6365

9.3%

7

Angola

THB 6151

12.4%

8

Cameroon

THB 5923

15.6%

9

Kenya

THB 5852

16.6%

10

Mozambique

THB 5815

17.2%

11

Nigeria

THB 5806

17.3%

12

Middle East

Egypt

THB 7020

0.0%

1

Saudi Arabia

THB 7020

0.0%

2

United Arab Emirates

THB 6669

5.0%

3

Qatar

THB 6669

5.0%

4

Bahrain

THB 6459

8.0%

5

Oman

THB 6459

8.0%

6

Lebanon

THB 6423

8.5%

7

Kuwait

THB 6247

11.0%

8

Israel

THB 6097

13.2%

9

Turkey

THB 5914

15.8%

10

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.

Income tax calculator Thailand

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