Social Tax Year End Question

[inquisitive lobster]

Hi There,

Thanks for taking the time to read my post I really appreciate any help you can provide.

I wanted to know if there was any Yearly Tax that was to be paid to Social Office at the end of the year on the TOTAL wages paid to employees.

I.E if you paid all your employees 1,000,000 Baht/Year in total, does social charge you a 0.7%Tax on the total wages (7,000 Baht)?

Thanks for your help.

P.S. Happy New YEAR!!!!! :-)