Jump to content

Recommended Posts

Posted

With so many changes to the requirements for visas and work permits I thought I better double check this one:

Does the Labour Department still require work permit holders to make enough salary to pay income tax of Bt18,000 per year? I think this works out to about Bt31,000 per month.

Thank you, Misty

"Why do some places prosper and thrive, while others just suck?" - P.J. O'Rourke

Posted
With so many changes to the requirements for visas and work permits I thought I better double check this one:

Does the Labour Department still require work permit holders to make enough salary to pay income tax of Bt18,000 per year? I think this works out to about Bt31,000 per month.

Thank you, Misty

Officially no. Unofficially in most cases, the unwritten rule is 18K in tax per year if you are an Executive. However in some cases it has been no tax required.

www.sunbeltasiagroup.com

Posted
With so many changes to the requirements for visas and work permits I thought I better double check this one:

Does the Labour Department still require work permit holders to make enough salary to pay income tax of Bt18,000 per year? I think this works out to about Bt31,000 per month.

Thank you, Misty

Officially no. Unofficially in most cases, the unwritten rule is 18K in tax per year if you are an Executive. However in some cases it has been no tax required.

www.sunbeltasiagroup.com

Sunbelt:

What if you are an Executive, but from a "poorer" country (like say, Indonesia-Malaysia-Philippines-Etc.)

Is it still 18k per year in tax?

Can it be less and then still get WP renewed?

Posted
Sunbelt:

What if you are an Executive, but from a "poorer" country (like say, Indonesia-Malaysia-Philippines-Etc.)

Is it still 18k per year in tax?

Can it be less and then still get WP renewed?

The Labor Dept does not look at the nationality for the salary. Immigration does however if you apply for the extension of stay based on business.

If you feel 18K is too much tax, then put the salary at 15,000 per month. ( O% tax then) The Labor Dept will either accept the salary or tell you to increase it. If you are the MD, 100% of the cases, they have said " to raise it to a salary of 35K per month."

By the way some VERY big salaries are paid to Executives from the "poorer countries" in Thailand. I have seen quite a number of cases where the personal tax alone was over 100,000 Baht per month, paid to the government.

www.sunbeltasiagroup.com

Posted
The Labor Dept does not look at the nationality for the salary. Immigration does however if you apply for the extension of stay based on business.

If you feel 18K is too much tax, then put the salary at 15,000 per month. ( O% tax then) The Labor Dept will either accept the salary or tell you to increase it. If you are the MD, 100% of the cases, they have said " to raise it to a salary of 35K per month."

By the way some VERY big salaries are paid to Executives from the "poorer countries" in Thailand. I have seen quite a number of cases where the personal tax alone was over 100,000 Baht per month, paid to the government.

www.sunbeltasiagroup.com

Thank you for this, Sunbelt Asia.

Misty

"Why do some places prosper and thrive, while others just suck?" - P.J. O'Rourke

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...