Extension of the reduced personal income tax rate
Keywords: Mazars, Thailand, Tax, Personal Income Tax, Royal Decree
Taxable income (in Thai Baht) | Rate (as a percentage) | Marginal tax (in Thai baht) | Accumulated tax (in Thai baht) |
First 150,000 | 0% | 0 | 0 |
150,001– 300,000 | 5% | 7,500 | 7,500 |
300,001– 500,000 | 10% | 20,000 | 27,500 |
500,001– 750,000 | 15% | 37,500 | 65,000 |
750,000–1,000,000 | 20% | 50,000 | 115,000 |
1,000,001–2,000,000 | 25% | 250,000 | 365,000 |
2,000,001–4,000,000 | 30% | 600,000 | 965,000 |
Above 4,000,000 | 35% | - | - |