Income tax calculator Thailand
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
40,755 บาท
Income Tax
- 4,567 บาท
Social Security Fund
- 375 บาท
Total tax
- 4,942 บาท
Net pay
*
35,813 บาท
Marginal tax rate
21.8%
Average tax rate
12.1%
87.9%
Net pay
12.1%
Total tax
Total tax
Net pay
The Taxberg
35,813 บาท
Net pay
375 บาท
Tax the employer pays
4,942 บาท
Tax you pay
Total tax paid
5,317 บาท
Did you know your employer also pays tax on your salary? It costs the employer 375 บาท to pay you 40,755 บาท. In other words, every time you spend 10 บาท of your hard-earned money, 1.30 บาท goes to the government.
Real tax rate
12.9%
So, with you and the employer both paying tax, what used to be a 12.1% tax rate now rises to 12.9%, meaning your real tax rate is actually 0.8% higher than what it seemed at first.
Summary
If you make 978,120 บาท a year living in Thailand, you will be taxed 118,616 บาท. That means that your net pay will be 859,504 บาท per year, or 71,625 บาท per month. Your average tax rate is 12.1% and your marginal tax rate is 21.8%. 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 21.83 บาท, hence, your net pay will only increase by 78.17 บาท.
Bonus Example
A 1,000 บาท bonus will generate an extra 782 บาท of net incomes. A 5,000 บาท bonus will generate an extra 3,909 บาท of net incomes.
North America
Country
Net pay
Average tax
Rank
USA
THB 806325
17.6%
1
Canada
THB 723214
26.1%
2
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.