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.