Thailand

Individual - Taxes on personal income

Last reviewed - 13 February 2024

Thailand taxes its residents and non-residents on their assessable income derived from employment or business carried on in Thailand, regardless of whether paid in or outside Thailand. Residents who derive income from abroad are taxable on that income if remitted into Thailand in the year in which it is received.

Personal income tax (PIT) rates

The current PIT rates are shown below.

Net income (THB*) PIT rate (%)
0 to 150,000 Exempt
150,001 to 300,000 5
300,001 to 500,000 10
500,001 to 750,000 15
750,001 to 1,000,000 20
1,000,001 to 2,000,000 25
2,000,001 to 5,000,000 30
Over 5,000,000 35

* Thai baht