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The company director receives the position allowances such as car with driver, child education fee, 5 economic tickets. The Company need to consult that his all benefit together tax allowance will be the tax forbidden expenses according to the Revenue Code section 65 ter (3) and (13)?

Company engaged the foreign director which a part of his salary, he will get the position of car with driver, child education fee, recompense money for its income tax, the 5 economic tickets (roundtrip)/ quarter, health insurance for him with family and provident fund...

Dividend income should be declared at personal income tax?

​If the individual received the dividend paid by the company registered in Thailand, do they need to include this income in the purpose for personal income tax calculation in tax form of PND.90? Panwa: The taxpayer may select to pay tax at the rate of 10% or shall be...

Property deduction for personal Income Tax in Thailand

As a landlord or owner, you have to pay income tax on the rental income from your property, What the rate for deduction the income from letting out of property on hire? Panwa: The rate for deduction of income from letting out of property on hire are: Building and...

Withholding tax for bonus

​How do you calculate withholding tax for bonus? Panwa: Please note that Bonus is considered as income derived from employment in according to the Revenue Code. Thus, calculation of the personal withholding tax must include bonus with the other assessable income...