Payroll Section - Doing Business
You will find here a series of summaries providing an overview of useful payroll regulations, processes and payroll issues for Doing Business in Thailand.
Mazars Payroll Flash news - December 2023
A tax deduction of up to THB 50,000 for individual taxpayers when purchasing goods or services from VAT-registered entrepreneurs who use the electronic tax system between 1 January and 15 February 2024.
Personal income tax return (PND 91) – A closer look – November 2023
All employees in Thailand must file an annual personal income tax return, known as a PND 91. This edition of ‘A Closer Look’ takes a deep dive into the requirements for preparing the PND 91 and describes what options are available to employees to minimize their personal income tax. There are a number of tax allowances that employees cannot afford to overlook.
Mazars Payroll Flash news - November 2023
Tax exemption for individuals investing in the Thailand ESG Fund
On 21 November 2023, the Cabinet approved a draft ministerial regulation on granting individuals a tax exemption for investing in the Thailand ESG Fund (“the Fund”), effective from 21 November 2023 to 31 December 2032.
On 21 November 2023, the Cabinet approved a draft ministerial regulation on granting individuals a tax exemption for investing in the Thailand ESG Fund (“the Fund”), effective from 21 November 2023 to 31 December 2032.
APAC payroll newsletter 2023 Vol.4
Our APAC payroll newsletter helps provide important updates on the latest regulatory changes and best practices that have influenced payroll operations in the APAC region over the past quarter. Our commitment is to keep you well-informed and empowered in navigating the evolving payroll sector.
Mazars Payroll Flash news - October 2023
Currently, employers can file withholding tax forms (Form PND 1 – filed monthly; and Form PND 1 Kor – a summary filed annually) either on paper with the Revenue Department office which has jurisdiction over the area in which the business is located or electronically.