Thailand Taxes for Foreigners

If you have a work permit in Thailand and paying taxes then you need to ensure that the taxes you are paying is correct. You can ask at the Revenue department about taxes or speak to our accounting department GAM accounting to not only check your taxes but also to file your annual tax return which most foreigners in Thailand do not do. If you are married in Thailand or have a child you do get some of your tax money back each year.

Resident & Non Resident taxpayers:

There are two types of taxpayers in Thailand. Those who are in Thailand and those outside of Thailand. You are classed as a resident taxpayer if you have lived in Thailand for more than 180 days in a year. For non-residents you will only pay taxes on what was generated in Thailand and you have been in Thailand for less than 180 days of the year. This becomes important when you renew your work permit as they will ask about your tax forms again.

Note that if you earn less than 150,000 THB a year you are exempt from personal income taxes. You can speak to our accountant for more tax advice as there are many options for allowances.

Personal Income Tax allowances:

The following are personal allowances if you are paying taxes in Thailand. Again you need to seek advice when filing your tax return in Thailand. These are the most common allowances from the revenue department in Thailand.

  • Personal allowance

Single taxpayer – 30,000 baht for the taxpayer

  • Parent’s allowance

30,000 baht for each of taxpayer’s and spouse’s parents if such parent is above 60 years old and earns less than 30,000 baht

  • Life insurance premium paid by taxpayer or spouse

Amount actually paid but not exceeding 100,000 baht each

  • Social insurance contributions paid by taxpayer or spouse

Amount actually paid each

The following are the tax rates used in 2013/2014. If you are not certain again our accountants with GAM Accounting will be able to assist you completing and checking your taxes.

Taxable Income (baht)Tax Rate (%)
Taxable Income (baht)Tax Rate (%)
0-150,000Exempt
more than 150,000 but less than 300,0005
more than 300,000 but less than 500,00010
more than 500,000 but less than 750,00015
more than 750,000 but less than 1,000,00020
more than 1,000,000 but less than 2,000,00025
more than 2,000,000 but less than 4,000,00030
Over 4,000,00035

If you are working in Thailand then email us or call us today for more information and assistance when it comes to personal income taxes in Thailand.