Under the Royal decree no. 575, the personal income tax rates for 2013 and 2014 income have been reduced. The new personal income tax rates are as follows:
|
Net income (THB) |
New tax rates (%) |
|
0-150,000 150,001-300,000 |
Exempt 5 |
|
300,001-500,000 |
10 |
|
500,001-750,000 |
15 |
|
750,001-1,000,000 |
20 |
|
1,000,001-2,000,000 |
25 |
|
2,000,001-4,000,000 |
30 |
|
4,000,001 and above |
35 |
Contact English speaking accountants of MSNA for your tax questions and for the preparation and submission of your Thailand personal income tax.