Summary
If you make 6,967,480 บาท a year living in Thailand, you will be taxed 1,959,776 บาท. That means that your net pay will be 5,007,704 บาท per year, or 417,309 บาท per month. Your average tax rate is 28.1% and your marginal tax rate is 34.3%. 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 34.27 บาท, hence, your net pay will only increase by 65.73 บาท.
Bonus Example
A 1,000 บาท bonus will generate an extra 657 บาท of net incomes. A 5,000 บาท bonus will generate an extra 3,287 บาท of net incomes.