The Personal Income Tax Rate in Thailand stands at 35 percent. source: The Revenue Department, Government of Thailand

Personal Income Tax Rate in Thailand averaged 36.13 percent from 2004 until 2019, reaching an all time high of 37 percent in 2005 and a record low of 35 percent in 2013. This page provides - Thailand Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Personal Income Tax Rate - values, historical data and charts - was last updated on November of 2020.

Personal Income Tax Rate in Thailand is expected to reach 35.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Personal Income Tax Rate is projected to trend around 35.00 percent in 2021, according to our econometric models.

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Thailand Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
35.00 35.00 37.00 35.00 2004 - 2019 percent Yearly

Thailand Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 30.00 20.00 percent [+]
Personal Income Tax Rate 35.00 35.00 37.00 35.00 percent [+]
Sales Tax Rate 7.00 7.00 7.00 7.00 percent [+]
Social Security Rate 10.00 10.00 10.00 8.00 percent [+]
Social Security Rate For Companies 5.00 5.00 5.00 4.00 percent [+]
Social Security Rate For Employees 5.00 5.00 5.00 4.00 percent [+]


Thailand Personal Income Tax Rate
In Thailand, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Thailand.