Summary
If you make 2,431,520 บาท a year living in Thailand, you will be taxed 500,756 บาท. That means that your net pay will be 1,930,764 บาท per year, or 160,897 บาท per month. Your average tax rate is 20.6% 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.