2000 thai bahts - picture of Thai currency

Personal income tax in Thailand – how to calculate income tax?

Do foreigners have to pay income tax in Thailand?

Anyone who earns a taxable income in Thailand is required to pay tax. Tax payers are categorized into residents and non-residents. anyone including foreigners living in Thailand for over 180 days is called a resident. Residents have to pay income tax on earnings in Thailand and also a portion of income from sources outside Thailand. Non-residents need not pay income tax on income from outside Thailand. The deadline for paying income tax is the last working day in March 2014. The department expects taxpayers to file their taxes much in advance though, CALL CENTER number for revenue department is 0-2272 8000.

What is the income tax rate in Thailand?

Tax rates of personal income tax in Thailand
Taxable income in BahtsTax rate
0-150,000Exempted – no tax
Over 150,000 but less than 300,0005%
Over 300,000 but less than 500,00010%
Over 500,000 but less than 750,00015%
Over 750,000 but less than 1,000,00020%
Over 1,000,000 but less than 2,000,00025%
Over 2,000,000 but less than 4,000,00030%
Over 4,000,00035%

Assessable income is the part of your total income which is actually taxed.

How is income tax in Thailand calculated?

TAXABLE INCOME = Assessable Incomedeductionsallowances

Deduction of 40% but not more than 60,000 bahts is allowed for earnings from employment and copyrights. Additionally allowances are deducted from the assessable income. Allowance is 30,000 bahts for a single taxpayer.

Deductions and allowances possible while calculating the tax:

1. There is a spouse allowance of up to 30,000 bahts,
2. Child allowance up to 15000 baht deduction per child who is under 25! and is either studying or not employed.
3. Any payments to social security are deducted.
4. Parents allowance of up to 30,000 if the the parent or spouse’s parents are over 60 and earns less than 30,000 bahts.
5. Life insurance payments are exempt from income tax in Thailand up to 100,000 bahts per person.
6. Provident fund contributions and long term equity contributions, of not more than 15% of wage, but not exceeding 500,000 baht can be deducted.
7. Home mortgage interest actually paid up to 100,000 bahts
8. Actual Social insurance contributions paid by taxpayer or spouse
9. Charitable contributions not more than 10% of the income after all other deductions.

Tax office in Phitsanulok Thailand

Tax office in Phitsanulok Thailand

Any tax credits issued by your employer of from any source are deductible from the income tax in Thailand. Usually a tax credit slip is required to be shown.
Gifted or inherited immovable property is not assessed for income tax. However if such property was sold for commercial purposes then it will be included in the assessable income. Interest on bonds and debentures, saving deposits , interest earned on loans by financial institutions, interest from any legal financial institution in Thailand is usually taxed at 15% at source and tax credits are issued.
Such income is not again added in the calculation of income tax in Thailand.

 

Income from letting out or giving property on lease or for hire is deducted at these rates.

 

Deductions on earnings from leasing property
Buildings, wharves and vehicles30%
Agricultural land20%
Any other type of land15%
any other property10%

How to pay income tax in Thailand?

Tax can be paid online, in person or at banks. All taxes must be paid to the revenue department.
All the forms can be downloaded and are available at the revenue departments tax offices.

VAT refunds for the tourists.

Tourists can get a refund of VAT they paid before leaving Thailand, any purchases which indicate VAT can be collected at the VAT refund counters at the customs after passport controls at international airports in Thailand.
To get a VAT refund
1. Ask for form P.P.10 along with the invoices at the store where you made the purchase. The value of the purchase should be at least 2000 bahts per purchase per month.
2. Show your invoices to the customs before loading your luggage or claiming a refund
Where are the income tax collection offices in Thailand?
Expensive goods and valuables like gold jewellery, expensive watches etc that are valued over 10,000 bahts per item must be shown at the VAT refund office.

Revenue offices in Bangkok: This is where you pay your taxes.

There are 12 tax regions in Thailand the first three are in Bangkok and the remaining 9 regions are outside of Bangkok. Chiangmai is in Region 8. check below for the office where you need to pay your taxes.

Bangkok Regional Revenue Office 1
90 Revenue Department Building 21 – 23th floor, Soi Phahon Yothin 7, Phahon Yothin road, Khet Phaya Thai, Bangkok 10400 Phone:026173605-13, 022728018 Fax. 026173616
Bangkok Regional Revenue Office 2
2884/1 FCI2 Building, Phetchaburi Tot Mai road, Khwaeng Bang Kapi, Khet Huai Khwang, Bangkok 10320 Phone: 027180596-99, 027180650-60 Fax. 023193930, 023140966
Bangkok Regional Revenue Office 3
3 Chao Fah road, Khwaeng Chana song Khram, Khet Bangkok , Bangkok 10200 Phone: 022810051-2 Fax: 022829329
Regional Revenue Office 4 –Ayuthaya,Ang Thong, Chainat, Singburi,Saraburi, Pathumthani,Udai Thani, Nonthaburi.
Reginal Revenue Office 4 ,66/67, Moo 4, Tiwanon road,Tambon Talat Khwan Amphoe Mueang, Nonthaburi 11000 Phone: 0-2525-4830 Fax: 0-2525-4844
Regional Revenue Office 5 –Chachongsao, Prachinburi, Samut Prakan, Chonburi, Rayong, Chantaburi, Sa Kaeo, Trat, Nakhon Nayok.
Tamnak Nam road, Tambon Bang Pla Soi, Amphoe Muang Chonburi , Chonburi , 20000 Phone: 0-3827-3065, 0-3828-2552, 0-3827-7110, 0-3827-7852, 0-3827-8901-4 Fax: 0-3827-5452
Regional Revenue Office 6 –Kanchanaburi, Suphanburi, Nakhon Pathom, Samut Sakhon, Ratchburi, Samut Songkhram, Phetchaburi, Prachuap Khiri Khan, 
53 Tesa road , Tambon Pra Pathom Chedi ,Amphoe Muang Nakhon Pathom , Nakhon Pathom 73000 Tel. 0-3421-3593-6 Fax. 0-3427-1531

KanchanaburiSuphanburiNakhon Pathom 1Nakhon Pathom 2Samut Sakhon 1Samut Sakhon 2RatchaburiSamut SongkhramPhetchaburiPrachuap Khiri Khan

Regional Revenue Office 7 – Phitsanulok, Phetchabun, Pichit, Tak, Kampaengpet, Sukhothai, Uttaradit,  Nakhon sawan.1/1 Singhawat road, Tambon Nai Muang, Amphoe Muang, Phitsanulok 65000 Tel. 0-5523-2540 – 2, 0-5524-2324, 0-5525-8032, 0-5525-9911 Fax. 0-5524-4763 clear-gifRegional Revenue Office 8 –Chiangmai, Chiangrai, Lamphun, Lanmpang, Mae hong son, Phayao, Phrae, Nan.Ministry of Finance Government Center, Floor 3, Chotana road, Tambon Chang Phueak, Amphoe Mueang, Chiang Mai Province 50300 Tel. 0-5311-2363 – 5, 0-5311-2368 – 70, 0-5311-2373, 0-5311-2426 Fax. 0-5311-2359 Regional Revenue Office 9 –Chaiyaphum, Nakhon Ratchasima, Buriram, Surin, Sisaket, Ubon Ratchathani, Amnat Charoen, Yasothon.

1596 Suranarai road ,Tambon Nai Mueang , Amphoe Mueang ,Nakhon Ratchasima Province Tel. 0-4423-0885 ,0-4423-0642 ,0-4492-2827 ,0-4423-0135 Fax. 0-4425-8615

Regional Revenue Office 10 –Nong Bua Lam Phu, Udon Thani, Sakhon Nakhon, Nong Khai, Nakhon Pathom, Bueng Kan, Loei, Khon kaen, Maha Sarakham, Kalasin, Mukdahan, Roi et.11/14 Mukmontri road, Tambon Mak Khaeng, Amphoe Muang Udon Thani , Udon Thani 41000 Phone: 042244438, 042222876 Fax. 042247709 Regional Revenue Office 11 – Surat thani, Chumphon, Ranong, Krabi, Nakhon si Thammarat, Phangnga, Phuket  .100/1 Donnok road, Amphoe Muang Surat Thani , Surat Thani 84000 Tel. 0-7728-6072-3, 0-7728-3767, 0-7728-3182 Fax. 0-7728-6074 Regional Revenue Office 12 – Trang, Pattani, Narathiwat, Yala, Songkhla, Phatthalung.

878 Kanchanawanich road, Tambon Hat Yai, Amphoe Hat Yai, Songkhla, 90110 Phone: 074273800 Fax. 074273862 – 3

How to get tax ID card for foreigners?

TAX ID CARD for foreigners in Thailand

TAX ID CARD for foreigners in Thailand

To get a tax id card you would need to visit the revenue department in your area. You’ll need to

 

1. Fill in forms in Thai and that is where your employer could be very handy. Most Thai government officials may not be able to converse or understand English.

 

2. Along with the forms you’ll need to carry copies of your passport with all the visa pages.

3. Copy of your work permit.

How long does it take to get the tax ID in Thailand?

It takes an hour at the most to get a tax ID once you submit the form and the documents.

Where to get the tax ID card?

Go to the revenue department’s tax office in your area.

Tax counter where the tax id form can be submitted in Phitsanulok Thailand

Tax counter where the tax id form can be submitted in Phitsanulok Thailand

Phitsanulok office of income tax in Thailand

Phitsanulok office of income tax in Thailand


DISCLAIMER: This article is only educational and information presented cannot be liable for any damages caused. Contact department of revenue for any clarifications. This is a presentation of standard and known information. For all practical purposes related to income tax in Thailand you must contact the department of revenue.