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Taxation in Thailand


Taxation in Thailand

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Taxation in Thailand

Income Tax

Below are the tax bands for personal income tax. All figures are in the Thai Baht (BHT):

  • 0% on income between 1 and 150,000

  • 5% on income between 150,001 and 300,000

  • 10% on income between 300,001 and 500,000

  • 15% on income between 500,001 and 750,000

  • 20% on income of 750,001 and 1,000,000

  • 25% on income 1,000,001 and 2,000,000
  • 30% on income 2,000,001 and 4,000,000

  • 35% on income 4,000,001 plus

Corporate Tax

The standard rate for corporate income tax is 20%.

VAT Rates

The standard VAT rate is 7%

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Organisations that can assist with Taxation

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