What taxes are there in Thailand?

Taxable Income (Baht) Tax Rate
300,001 – 500,000 10%
500,001 – 750,000 15%
750,001 – 1,000,000 20%
1,000,001 – 2,000,000 25%

What taxes do you pay in Thailand?


  • Expats earning less than 150,000 Baht are exempt from income tax.
  • Expats earning more than 150,000 Baht but less than 500,000 Baht will be taxed at 10%.
  • Expats earning more than 500,000 Baht up to 1 Million Baht will be taxed at 20%.
  • Over 1 Million but less than 4 Million Baht will be taxed at 30%.

How many types of taxes are there in Thailand?

The Thai Revenue Code imposes taxes on income except income subject to petroleum income tax. There are two types of income tax: personal income tax (income tax on individuals) and corporate income tax (income tax on juristic entities). In Thailand, the tax on income of juristic entities is called corporate income tax.

Do foreigners pay taxes in Thailand?

If you are a foreigner and reside in Thailand for fewer than 180 days each calendar year, then you will only have to pay tax on the earnings that you earn inside Thailand. … Those who do not have a work permit are NOT exempt from paying tax.

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Is Thailand tax free?

The Tax Refund for Tourists Scheme allows travellers to reclaim the 7% value-added tax levied on all purchases in the Kingdom of Thailand, with a few provisos: … During your entire trip in Thailand, you must have at least 5,000 baht of qualifying transactions to get a refund.

What is the personal income tax rate in Thailand?

Tax rates

Taxable income (Baht) Tax rate %
750,001-1,000,000 20%
1,000,001-2,000,000 25%
2,000,001-5,000,000 30%
5,000,001 and over 35%

Do you have to pay property taxes in Thailand?

It is to be stated that there is no general annual property tax in Thailand, but if individual owners rent out or put their property to commercial use, housing and rent tax is imposed at the rate of 12.5% yearly. However, no general property taxes imposed by the government in Thailand is a piece of good news for many.

What happens if you don’t pay tax in Thailand?

The penalties for failing to follow tax laws in Thailand normally is a fine ranging from 1,000 baht to 200,000 baht, depending on the seriousness of your case. For example, delaying in filing monthly tax paperwork with the Revenue Department comes with a 1,000 baht fine.

Does Thailand tax US Social Security?

You don’t contribute to US Social Security while paying your taxes in Thailand. You still have to pay Social Security Tax. The IRS exempts wages paid on or after the effective date of totalization agreements. You can check the IRS website for a detailed explanation of the consequences of Social Security Tax abroad.

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What is the average wage in Thailand?

Average Salary in Bangkok, Thailand

Currently, the average wage in Bangkok is of 25,500 Thai Baht per month, or approximately 800 USD. Bangkok has some of the highest average salaries among ASEAN members capitals.

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