Tax Deductions

[ajw]

Hi All

The personal income tax page on the site outlines tax rates/allowances etc.

http://www.thaivisa.com/thailand_income_tax.0.html

eg.

Allowances.

- Single taxpayer 30,000baht

But are these figures given monthly or yearly allowances?

Thanks,

AJW

[Tywais]

That's your standard deduction allowed and is for the year. In other words at the end of the year when you fill out your tax returns you subtract this from your total gross income + any other deductions such as dependents.

Edited December 16, 2005 by tywais

[ajw]

Thanks for your help.