Summary
If you make 1,207,440 บาท a year living in Thailand, you will be taxed 173,610 บาท. That means that your net pay will be 1,033,830 บาท per year, or 86,153 บาท per month. Your average tax rate is 14.4% and your marginal tax rate is 25.0%. 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 25 บาท, hence, your net pay will only increase by 75 บาท.
Bonus Example
A 1,000 บาท bonus will generate an extra 750 บาท of net incomes. A 5,000 บาท bonus will generate an extra 3,750 บาท of net incomes.