Thailand

JUNE 2025

• Thai ESG Fund personal income tax exemption updated

• Thai ESGX Fund personal income tax exemption updated

FEBRUARY 2025

• Important Tax Deadline Extension

JANUARY 2025

• Shopping Allowance between 16 January and 28 February 2025

• Introduction of Digital My Tax

• Minimum Wage increased to 400 baht but not nationwide

• Revision in Social Security Fund Contribution and Submission Date

• Another 7-day Extension in Social Security Fund Submission Date due to Severe Flooding

DECEMBER 2024

• Extended filing and tax payment deadline for taxpayers in flood-affected areas from 16/8/2024 - 26/12/2024

• Withholding Tax Submission Medium Changed

NOVEMBER 2024

• Change in Social Security Fund Contribution and Submission Date due to severe flooding

• Special Public Holidays for the year 2025 and 2026

OCTOBER 2024

• Public Holidays for 2025

AUGUST 2024

• Personal Income Tax Exemption Increased for Severance Pay provided due to termination – Now Gazetted

JULY 2024

• Personal Income Tax Exemption Increased for Severance Pay provided due to termination

FEBRUARY 2024

• e-filing File specification for PND1

JANUARY 2024

• A tax deduction for individual taxpayers of up to 50,000 baht when purchasing goods or services between 1 January and 15 February 2024

December 2023

• No Statutory Updates

November 2023

• No Statutory Updates

October 2023

• No Statutory Updates

SEPTEMBER 2023

• No Statutory Updates

AUGUST 2023

• No Statutory Updates

JULY 2023

• No Statutory Updates

JUNE 2023

• No Statutory Updates

MAY 2023

• A service channel for paying the Social Security Fund has been introduced

APRIL 2023

• No Statutory Updates

MARCH 2023

• No Statutory Updates

FEBRUARY 2023

• Announcement for Thailand Special Public Holiday

JANUARY 2023

• A Tax Deduction for Individual Taxpayers of up to 40,000 baht When Purchasing Goods or Services Between 1 January and 15 February 2023

DECEMBER 2022

• No Statutory Updates

NOVEMBER 2022

• No Statutory Updates

OCTOBER 2022

• No Statutory Updates

SEPTEMBER 2022

• Reduction in the Social Security Rate of Contributions

• Change in Minimum Wages in Different Provinces in Thailand

AUGUST 2022

• No Statutory Updates

JULY 2022

• No Statutory Updates

JUNE 2022

• No Statutory Updates

MAY 2022

• No Statutory Updates

APRIL 2022

• Reduction in Social Security Fund May 2022 – July 2022

MARCH 2022

• No Statutory Updates

FEBRUARY 2022

• No Statutory Updates

JANUARY 2022

• No Statutory Updates

DECEMBER 2021

• No Statutory Updates

NOVEMBER 2021

• The Revenue Department upgrades the filing and payment services. New e-Filing online tax payment service starting October 6, 2021

• Extension for the reduction in Social Security Fund September – November 2021 – Gazetted.

OCTOBER 2021

• No Statutory Updates

SEPTEMBER 2021

• Extension for the reduction in Social Security Fund September – November 2021.

AUGUST 2021

• No Statutory Updates

JULY 2021

• No Statutory Updates

JUNE 2021

• No Statutory Updates.

MAY 2021

• Reduction in Social Security Fund.

APRIL 2021

• No Statutory Updates

MARCH 2021

• Songkran Holiday extended to six days

• Student Loan Deduction through Payroll

FEBRUARY 2021

• Tax filing deadline extensions

• Reduction in Social Security Fund

• Reduction in Social Security Fund

JANUARY 2021

• Personal Income Tax Form PND 91 & Appendix for Severance Payment Form for the Year 2020 (2563)

DECEMBER 2020

• Cabinet backs 8 special holidays

• Reduction to Social Security Fund contribution rates to 3% from January 2021 – March 2021

NOVEMBER 2020

• No Statutory Updates

OCTOBER 2020

• No Statutory Updates

SEPTEMBER 2020

• Thailand Official Public Holiday 2021

• Cabinet cuts social security contributions to 2% from September – November 2020

AUGUST 2020

• No Statutory Updates

JULY 2020

• Tax Deduction for Health Insurance Premiums Increased

JUNE 2020

• Super Savings Fund Extra (SSFX)

MAY 2020

• No Statutory Updates

APRIL 2020

• Reduction in Social Security Fund Contributions – Covid 19

• Revenue Department has extended the tax payment from 31 March to 31 August

• Reduction in Social Security Fund Contributions – Covid 19

• Communicable Disease Act 2558 BE impact on employee and employer during Covid – 19 Pandemic

MARCH 2020

• Super Saving Funds to replace Long-term equity funds (LTFs) and New conditions for retirement mutual funds (RMFs) gazette

• Extension of deadline for filing annual personal income tax return

FEBRUARY 2020

• No Statutory Updates

JANUARY 2020

• Personal Income Tax Form PND 91 & Appendix for Severance Payment Form for the Year 2019 (2562)

• Rise in Minimum Wage for 2020

• New conditions for retirement mutual funds (RMFs)

• Super Saving Funds to replace Long-term equity funds (LTFs)