Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
842,670 บาท
Income Tax
- 81,734 บาท
Social Security Fund
- 9,000 บาท
Total tax
- 90,734 บาท
Net pay
* 751,936 บาท
Marginal tax rate
20.0%
Average tax rate
10.8%
89.2%
Net pay
10.8%
Total tax
Total tax
Net pay
Summary
If you make 842,670 บาท a year living in Thailand, you will be taxed 90,734 บาท. That means that your net pay will be 751,936 บาท per year, or 62,661 บาท per month. Your average tax rate is 10.8% and your marginal tax rate is 20.0%. 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 20 บาท, hence, your net pay will only increase by 80 บาท.
Bonus Example
A 1,000 บาท bonus will generate an extra 800 บาท of net incomes. A 5,000 บาท bonus will generate an extra 4,000 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.