Income tax calculator Thailand
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,516 บาท
Income Tax
- 341 บาท
Social Security Fund
- 4.33 บาท
Total tax
- 345 บาท
Net pay
*
1,171 บาท
Marginal tax rate
30.0%
Average tax rate
22.7%
77.3%
Net pay
22.7%
Total tax
Total tax
Net pay
The Taxberg
1,171 บาท
Net pay
4.33 บาท
Tax the employer pays
345 บาท
Tax you pay
Total tax paid
349 บาท
Did you know your employer also pays tax on your salary? It costs the employer 4.33 บาท to pay you 1,516 บาท. In other words, every time you spend 10 บาท of your hard-earned money, 2.30 บาท goes to the government.
Real tax rate
23.0%
So, with you and the employer both paying tax, what used to be a 22.7% tax rate now rises to 23.0%, meaning your real tax rate is actually 0.3% higher than what it seemed at first.
Summary
If you make 3,153,280 บาท a year living in Thailand, you will be taxed 717,284 บาท. That means that your net pay will be 2,435,996 บาท per year, or 203,000 บาท per month. Your average tax rate is 22.8% and your marginal tax rate is 30.0%. 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 30 บาท, hence, your net pay will only increase by 70 บาท.
Bonus Example
A 1,000 บาท bonus will generate an extra 700 บาท of net incomes. A 5,000 บาท bonus will generate an extra 3,500 บาท of net incomes.
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.