How much Income Tax have to be paid in Thailand

The rate of personal income tax is changing in last few years – Companies need to pay now a tax of 20% and the personal income tax range from 5-35% at the moment (2021)

(in Thai baht)

First 150,000                   0%

150,001    –   300,000     5%

300,001    –   500,000   10%

500,001    –   750,000   15%

750,000    – 1,000,000  20%

1,000,001 – 2,000,000  25%

2,000,001 – 5,000,000  30%

Over 4,000,000             35%