{"id":174,"date":"2022-12-21T16:33:35","date_gmt":"2022-12-21T07:33:35","guid":{"rendered":"https:\/\/asiabusinessassembly.com\/en\/?p=174"},"modified":"2022-12-21T16:35:20","modified_gmt":"2022-12-21T07:35:20","slug":"personal-income-tax-2022","status":"publish","type":"post","link":"https:\/\/asiabusinessassembly.com\/en\/personal-income-tax-2022\/","title":{"rendered":"[Thailand] Personal Income Tax \u2013 Deductions and Allowances [2022]"},"content":{"rendered":"
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Thai individual income tax rates are progressive up to 35%. Considering for every resident if he\/she is in Thailand for 180 days or more in a calendar year.<\/p>\n\n\n\n

Deductions and Allowances in Thailand (2022)<\/h2>\n\n\n\n
  1. Personal allowance : 60,000 Baht<\/li>
  2. Spouses (with no income) : 60,000 Baht (Needed to submit together)<\/li>
  3. Child allowance : 30,000 Baht per child. There is no limit on the number of natural children, but there is a limit of three when claiming adopted children.<\/li>
  4. Parents allowance : 30,000 Baht for each. Can including spouse\u2019s parents in case that spouse did not have income. Maximum 120,000 Baht.<\/li>
  5. Disabilities allowance : 60,000 Baht per person for disabilities under your protection.<\/li>
  6. Prenatal care and childbirth expense : Amount actually paid but not exceeding 60,000 Baht per times.<\/li>
  7. Social security fund :  Amount actually paid but not exceeding 9,000 Baht<\/li>
  8. Life insurance premium : Amount actually paid but not exceeding 100,000<\/li>
  9. Health insurance premium : Amount actually paid but not exceeding 25,000 Baht. But combined with item (8) must not exceed 100,000 Baht<\/li>
  10. Health insurance premium for spouses (with no income) : Amount actually paid but not exceeding 10,000 Baht. Need to get married before 2022.<\/li>
  11. Health insurance premium for parents : Amount actually paid but not exceeding 15,000 Baht. Does not available for parent-in-law.<\/li>
  12. Provident Fund contributions : Not exceeding 15% of income.<\/li>
  13. Retirement mutual fund (RMF) : Amount actually paid but not exceeding 30% of income*<\/li>
  14. Annuity fix :  Amount actually paid but not exceeding 15% of income and maximum of 200,000 Baht*<\/li>
  15. National Savings Fund (NSF) : Amount actually paid but not exceeding 13,200 Baht*<\/li>
  16. Super Saving Fund (SSF) : Amount actually paid but not exceeding 30% of income and maximum of 200,000 Baht*<\/li>
  17. Home mortgage interest : Amount actually paid but not exceeding 100,000 Baht<\/li>
  18. Charitable contributions(Education, Sports, Social development and government hospitals) : double deduction from actually paid amount but not exceeding 10% of income.<\/li>
  19. Political party donation : Amount actually paid but not exceeding 10,000 Baht<\/li>
  20. Charitable contributions (Temple, Foundation, association and etc.) : Amount actually paid but not exceeding 10%<\/li>
  21. Investment in social enterprise : Amount actually paid but not exceeding 100,000 Baht<\/li>
  22. Shop Dee Mee Kuen 2022 (\u0e0a\u0e49\u0e2d\u0e1b\u0e14\u0e35\u0e21\u0e35\u0e04\u0e37\u0e19 2565) : Amount actually paid but not exceeding 30,000 Baht<\/li>
  23. Deductible expenses for income : 100,000 Baht<\/li><\/ol>\n\n\n\n

    *Total amount of item 12-16 must not exceeding 500,000 Baht
    **Item 21 and 22 starting from this year.<\/p>\n