Random RCBO Trip...What Next?

[chrisdouglas123]

How much tax should be paid on a teaching salary of 70,000baht per month?

i just had 7083baht deducted and was told there are new tax rates in Thailand!

[Tywais]

Looking at the Revenue Department personal income tax tables I see nothing different from last year. Easy for you calculate it from those tables.

Moving it from Visas to Business forum.

[KamnanT]

Assuming you are single, no kids, have no other income and have no deductions other than the employment income deduction (THB 60,000), your personal allowance (THB 30,000) and the deduction of your social security fund contributions (THB 9,000), you will have an annual taxable income of THB 741,000. Income tax on that amount is THB 83,200 or THB 6,933 per month. Sounds like your employer was pretty close with their withholding.

[wayned]

Post #3 spot on!

[chiangmaibruce]

Chris,

Tywais mentioned the revenue dept web site which is useful. If you are also interested in general info about Thai tax then another good source is the (free) Thai Tax 2011 Booklet you can download here: http://www.pwc.com/th/en/publications/index.jhtml