how to calculate social security

[Afsal]

Hello,

how i can calculate my social security monthly payment?

i am paying tax - 750

salary - 35000

Thank you

afsal

[ubonjoe]

Not visa related moved to the business forum.

[blackcab]

Social fund payments are 5% of your gross monthly income, capped at a maximum of 750 baht per month.

Edited March 2, 2016 by blackcab

[Tywais]

As mentioned the 750 is your SS payment usually matched equally by the company. If that is all that is being deducted from 35,000/month then you will have a large tax bill when filing. Here are two places to look at. The first is the revenue department and detailing personal taxes and the 2nd is an online tax calculator.

http://www.rd.go.th/publish/6045.0.html

https://www.tiscoasset.com/en/asset/html/tax-calculator.jsp

[blackcab]

Your annual income tax would be 10,500 baht or 875 baht a month, assuming you are not married, you don't have children or claim anything other than the most basic of allowances and deductions.

[ThaiWai]

Is it not true farang salaries must be 50000 or more?

[Don Mega]

Is it not true farang salaries must be 50000 or more?

For a work permit. No salary needed.

[ThaiWai]

Is it not true farang salaries must be 50000 or more?

For a work permit. No salary needed.

Not quite following you so researched it elsewhere. I thought it was 50000 cuz I am from the US. OP must not be.

Minimum wages for foreigners in Thailand:

• 50,000 Baht/month: Western European Countries, Australia, Canada, Japan, and USA
• 45,000 Baht/month: South Korea, Singapore, Taiwan and Hong Kong
• 35,000 Baht/month: Eastern European Countries, Asian Countries, South American Countries, Central American Countries, Mexico, Turkey, Russia and South Africa
• 25,000 Baht/month: African Countries, Cambodia, Myanmar, Laos and Vietnam

[Satcommlee]

Is it not true farang salaries must be 50000 or more?

For a work permit. No salary needed.

Not quite following you so researched it elsewhere. I thought it was 50000 cuz I am from the US. OP must not be.

Minimum wages for foreigners in Thailand:

• 50,000 Baht/month: Western European Countries, Australia, Canada, Japan, and USA
• 45,000 Baht/month: South Korea, Singapore, Taiwan and Hong Kong
• 35,000 Baht/month: Eastern European Countries, Asian Countries, South American Countries, Central American Countries, Mexico, Turkey, Russia and South Africa
• 25,000 Baht/month: African Countries, Cambodia, Myanmar, Laos and Vietnam

There are exemptions in place, notably Teachers and Journalists if my memory is correct.

[Don Mega]

Is it not true farang salaries must be 50000 or more?

For a work permit. No salary needed.

Not quite following you so researched it elsewhere. I thought it was 50000 cuz I am from the US. OP must not be.

Minimum wages for foreigners in Thailand:

• 50,000 Baht/month: Western European Countries, Australia, Canada, Japan, and USA
• 45,000 Baht/month: South Korea, Singapore, Taiwan and Hong Kong
• 35,000 Baht/month: Eastern European Countries, Asian Countries, South American Countries, Central American Countries, Mexico, Turkey, Russia and South Africa
• 25,000 Baht/month: African Countries, Cambodia, Myanmar, Laos and Vietnam

The min salary is required for the visa extension, not for the work permit.

[bark]

Is it not true farang salaries must be 50000 or more?

For a work permit. No salary needed.

Not quite following you so researched it elsewhere. I thought it was 50000 cuz I am from the US. OP must not be.

Minimum wages for foreigners in Thailand:

• 50,000 Baht/month: Western European Countries, Australia, Canada, Japan, and USA
• 45,000 Baht/month: South Korea, Singapore, Taiwan and Hong Kong
• 35,000 Baht/month: Eastern European Countries, Asian Countries, South American Countries, Central American Countries, Mexico, Turkey, Russia and South Africa
• 25,000 Baht/month: African Countries, Cambodia, Myanmar, Laos and Vietnam

So you are telling me that all the 500,000 + Burmese and making 25,000 bt/month ???

[Gutenberg]

Is it not true farang salaries must be 50000 or more?

For a work permit. No salary needed.

Not quite following you so researched it elsewhere. I thought it was 50000 cuz I am from the US. OP must not be.

Minimum wages for foreigners in Thailand:

• 50,000 Baht/month: Western European Countries, Australia, Canada, Japan, and USA
• 45,000 Baht/month: South Korea, Singapore, Taiwan and Hong Kong
• 35,000 Baht/month: Eastern European Countries, Asian Countries, South American Countries, Central American Countries, Mexico, Turkey, Russia and South Africa
• 25,000 Baht/month: African Countries, Cambodia, Myanmar, Laos and Vietnam

The min salary is required for the visa extension, not for the work permit.

So if I have a work permit with 30,000 THB salary I cannot get "visa extension"? What visa would I need with work permit.

[ThaiWai]

So if I have a work permit with 30,000 THB salary I cannot get "visa extension"? What visa would I need with work permit.

1-Extension is dependent on salary and home country (according to previous posted claims)

2-Non B

Edited March 2, 2016 by ThaiWai

[gyrosman]

Is it not true farang salaries must be 50000 or more?

Wrong I was a teacher for 3 years with 37,000 per month. Each year out of the 9,000 roughly paid in out I receive about 4500 back as a refund check.

[ThaiWai]

Is it not true farang salaries must be 50000 or more?

Wrong I was a teacher for 3 years with 37,000 per month. Each year out of the 9,000 roughly paid in out I receive about 4500 back as a refund check.

There is an exemption for teachers so you don't really have a dog in this fight.

Edited March 3, 2016 by ThaiWai

[blackcab]

Is it not true farang salaries must be 50000 or more?

For a work permit. No salary needed.

Not quite following you so researched it elsewhere. I thought it was 50000 cuz I am from the US. OP must not be.

Minimum wages for foreigners in Thailand:

• 50,000 Baht/month: Western European Countries, Australia, Canada, Japan, and USA
• 45,000 Baht/month: South Korea, Singapore, Taiwan and Hong Kong
• 35,000 Baht/month: Eastern European Countries, Asian Countries, South American Countries, Central American Countries, Mexico, Turkey, Russia and South Africa
• 25,000 Baht/month: African Countries, Cambodia, Myanmar, Laos and Vietnam

So you are telling me that all the 500,000 + Burmese and making 25,000 bt/month ???

Yes, if they want to get a 1 year extension based on a non immigrant B visa...

However they more than likely use the Non-LA or other similar migrant worker scheme that exist specially for manual workers from neighbouring countries.

[blackcab]

So if I have a work permit with 30,000 THB salary I cannot get "visa extension"? What visa would I need with work permit.

1-Extension is dependent on salary and home country (according to previous posted claims)

2-Non B

You can also have a work permit based on a Non immigrant O visa/extension of stay for the purpose of marriage.