krabi local Posted November 23, 2017 Share Posted November 23, 2017 I have tried searching but found nothing similar. Admins please feel free to move if this is the wrong forum. My wife has been offered a sales/consultancy job by a foreign company based in Europe. Basically her job will entail finding customers in Thailand and directing them to this company. The salary they are offering is substantially more than she currently earns and does not involve commission. Does anybody know the current tax thresholds and percentages for Thai workers? Up until now she has only worked for companies that sort out the tax for her but now she will be responsible for paying tax herself as it is a foreign company. Sent from my iPad using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
Peterw42 Posted November 23, 2017 Share Posted November 23, 2017 (edited) Google "Thai tax rates", lots of information. Personal Tax Rates for Residents For the Tax Years of 2013 to 2016 (2) For the Tax Years of 2017 onward (3) THB 0 - 150,000 Exempt (1) Exempt (1) THB 150,000 - 300,000 5% 5% THB 300,000 - 500,000 10% 10% THB 500,000 - 750,000 15% 15% http://sherrings.com/personal-income-tax-rates-thailand.html Edited November 23, 2017 by Peterw42 Link to comment Share on other sites More sharing options...
simoh1490 Posted November 23, 2017 Share Posted November 23, 2017 Thai Revenue rules are here: http://www.rd.go.th/publish/6045.0.html Link to comment Share on other sites More sharing options...
maisodni Posted November 24, 2017 Share Posted November 24, 2017 https://www.thaistartup.com/references/taxation-summary-2017.php https://www.thaistartup.com/references/pitc.php Link to comment Share on other sites More sharing options...
Jack Mountain Posted November 25, 2017 Share Posted November 25, 2017 On 11/23/2017 at 7:46 PM, Peterw42 said: Google "Thai tax rates", lots of information. Personal Tax Rates for Residents For the Tax Years of 2013 to 2016 (2) For the Tax Years of 2017 onward (3) THB 0 - 150,000 Exempt (1) Exempt (1) THB 150,000 - 300,000 5% 5% THB 300,000 - 500,000 10% 10% THB 500,000 - 750,000 15% 15% http://sherrings.com/personal-income-tax-rates-thailand.html How does this exactly work? If your income is a year total of 500.000 then you pay 10% = 50.000? or do you pay 10% over 200.000 and 5% over 150.000 so 27.500 in total? TIA Link to comment Share on other sites More sharing options...
Peterw42 Posted November 25, 2017 Share Posted November 25, 2017 38 minutes ago, Jack Mountain said: How does this exactly work? If your income is a year total of 500.000 then you pay 10% = 50.000? or do you pay 10% over 200.000 and 5% over 150.000 so 27.500 in total? TIA Yes, 27,000 would be right. Link to comment Share on other sites More sharing options...
blackcab Posted November 26, 2017 Share Posted November 26, 2017 Don't forget you also have deductions and allowances that lessen the total taxable income. Link to comment Share on other sites More sharing options...
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