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Income tax calculator ThailandFind out how much your salary is after tax
Salary rate
Withholding
Salary 120,000 บาท
Social Security Fund - 6,000 บาท
Total tax - 6,000 บาท
Net pay * 114,000 บาท
Marginal tax rate 5.0%
Average tax rate 5.0%
5%Total tax
95%
Net pay
The Taxberg
cloud
cloud
114,000 บาท
Net pay
6,000 บาท
Tax the employer pays
6,000 บาท
Tax you pay
Country flagIceberg
Icepiece
Total tax paid
฿12,000
Did you know your employer also pays tax on your salary? It costs the employer 6,000 บาท to pay you 120,000 บาท. In other words, every time you spend ฿10 of your hard-earned money, ฿1 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 ask120,000 บาท yearly is how much per hour?58 บาท hourly is how much per year?Quel est le salaire moyen en Thailand ?
Summary

Si vous gagnez un salaire brut de 120,000 บาท par an en Thailand, vous serez imposé de 6,000 บาท. Cela signifie que votre salaire net sera de 114,000 บาท par an, ou 9,500 บาท par mois. Votre taux d'imposition moyen est 5.0% et votre taux d'imposition marginal est 5.0%. Ce taux d'imposition marginal signifie que votre revenu supplémentaire immédiat sera imposé à ce taux. Par exemple, une augmentation de ฿100 à votre salaire sera imposé de ฿5, par conséquent, votre salaire net augmentera seulement de ฿95.

Bonus Example

A ฿1,000 bonus will generate an extra ฿950 of net incomes. A ฿5,000 bonus will generate an extra ฿4,750 of net incomes.

Tax per income
120,500 บาท121,000 บาท121,500 บาท122,000 บาท122,500 บาท123,000 บาท123,500 บาท124,000 บาท124,500 บาท125,000 บาท125,500 บาท126,000 บาท126,500 บาท127,000 บาท127,500 บาท128,000 บาท128,500 บาท129,000 บาท129,500 บาท130,000 บาท
Europe
Country Net payAverage taxRank
AustriaTHB 119 9940.0%1
GermanyTHB 119 9940.0%2
IrelandTHB 207 0490.0%3
DenmarkTHB 78 62334.5%21
NetherlandsTHB 75 48337.1%22
RomaniaTHB 67 49643.8%23
Asia / Pacific
Country Net payAverage taxRank
AustraliaTHB 119 9920.0%1
Hong KongTHB 120 0000.0%2
SingaporeTHB 119 9890.0%3
VietnamTHB 100 46616.3%14
JapanTHB 97 51018.7%15
KazakhstanTHB 95 04020.8%16
North America
Country Net payAverage taxRank
United States of AmericaTHB 109 5938.7%1
CanadaTHB 103 01714.1%2
Latin America
Country Net payAverage taxRank
MexicoTHB 115 4213.8%1
ColombiaTHB 121 3377.3%2
BrazilTHB 110 4677.9%3
ChileTHB 98 88017.6%10
UruguayTHB 96 67819.4%11
ArgentinaTHB 80 46832.9%12
Africa
Country Net payAverage taxRank
South AfricaTHB 118 7981.0%1
MoroccoTHB 111 1917.3%2
KenyaTHB 102 14114.9%3
SenegalTHB 89 04025.8%10
UgandaTHB 87 72626.9%11
NigeriaTHB 85 89028.4%12
Middle East
Country Net payAverage taxRank
Saudi ArabiaTHB 119 9930.0%1
QatarTHB 113 9985.0%2
BahrainTHB 110 3488.0%3
LebanonTHB 96 22819.8%8
EgyptTHB 94 66321.1%9
TurkeyTHB 75 41537.2%10
NOTE* Withholding is calculated based on the Thailand tables of TH, 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.