Personal Income Tax Calculation


Hereunder you can calculate your income tax due based on a 12-monthly period. Currency is the Thai Baht.

 

Assessable income (in Thai Baht):

Bonus paid (including tax)
Salary per month (including salary tax)


Deductibles:

trong>REMARK: If spouse is working, only you OR your spouse can deduct these Baht 30,000.-
40 % of assessable income, but not more than Baht 60,000.-; automatically deducted
Baht 30,000.- deductible amount for yourselves; automatically deducted
Married ?
(with marriage certificate; if yes, - Bt. 30,000.-)
*
Yes No
How many pre-school children ?
(- Bt. 15,000.- per child)
How many school-aged children ?
(- Bt. 17,000.- per child)
Expenses for Thai insurance
(not over Bt. 10,000.-)
  *REMARK: If spouse is working, only you OR your spouse can deduct these Baht 30,000.-




2000 Trade Partners Limited
 86/1 Sukhumvit Soi 23, Sukhumvit Road, Bangkok 10110, Thailand
 Tel.:+66-2-258-4086, 259-1601, Fax: +66-2-259-6217
E-mail:
info@thailand-accounting.com