Income / Salary Tax

canada2006

Active member

Member since 15 November 2014

Muscat

canada2006

19 July 2015 01:29:21

canada2006

19 July 2015 01:29:21

Muscat

Hello there:
Just a quick question.

From what i understand, if i earn salary of 120,000 Baht a month, there will be no salary/income tax as i would fall under the tax threshold of 150,000 Baht. Is this correct.? and are there any other deductions besides the income tax?

Thanks a lot.

kris napat

Contributor

Member since 18 November 2014

kris napat

19 July 2015 01:54:53

128

kris napat

19 July 2015 01:54:53

128

150,000 THB is annual not monthly, average monthly salary in Thailand is less than 10,000 THB ( 120,000 THB for the full year and in this case they pay no taxes ).

See rules about Personal Income Tax here : http://www.rd.go.th/publish/6045.0.html

Rejoice

Serial expat

Member since 10 January 2012

Bangkok

Rejoice

19 July 2015 07:08:49

356

Rejoice

19 July 2015 07:08:49

356

Bangkok

Many people Thais and Foreigners will be smiling if their monthly salary is below 150,000.00 baht a month doesn't pay personal income tax.

Thai law is all employers are to deduct personal income tax monthly from their employees.

Usually an Expat sent by their parent company back home will take care of their tax.

Your employer will deduct your personal income tax monthly and pay you what is balance.