Income tax calculator Thailand
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
59,497 บาท
Income Tax
- 4,881 บาท
Social Security Fund
- 750 บาท
Total tax
- 5,631 บาท
Net pay
*
53,866 บาท
Marginal tax rate
17.5%
Average tax rate
9.5%
90.5%
Net pay
9.5%
Total tax
Total tax
Net pay
The Taxberg
53,866 บาท
Net pay
750 บาท
Tax the employer pays
5,631 บาท
Tax you pay
Total tax paid
6,381 บาท
Did you know your employer also pays tax on your salary? It costs the employer 750 บาท to pay you 59,497 บาท. In other words, every time you spend 10 บาท of your hard-earned money, 1.07 บาท goes to the government.
Real tax rate
10.6%
So, with you and the employer both paying tax, what used to be a 9.5% tax rate now rises to 10.6%, meaning your real tax rate is actually 1.1% higher than what it seemed at first.
Summary
If you make 713,964 บาท a year living in Thailand, you will be taxed 67,571 บาท. That means that your net pay will be 646,393 บาท per year, or 53,866 บาท per month. Your average tax rate is 9.5% and your marginal tax rate is 17.5%. 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 17.52 บาท, hence, your net pay will only increase by 82.48 บาท.
Bonus Example
A 1,000 บาท bonus will generate an extra 825 บาท of net incomes. A 5,000 บาท bonus will generate an extra 4,124 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.