​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 derived from employment under the Revenue Code Section 40 (1) and (2). It unable to separately calculate the withholding tax.

The net assessable income after deduction the standard expenses and allowances according to such law will calculate and deduct the withholding tax follow the personal income tax rates.

For more information, please feel free to contact us:
Phone: +66 2 933 9000
Fax: +66 2 933 6120
Email: bkk@panwa.co.th

For more information, please feel free to contact us:

Phones: +66 2 933 9000
Email: bkk@panwa.co.th
WhatsApp: +66 85 713 1000
LineApp ID: @panwa

Address: 1560 Latphrao Rd., Wangthonglang, Bangkok 10310, Thailand.

Location: https://goo.gl/maps/MhJsbjkPrji51Qyt6

Sky train: Yellow Line, Chokchai 4 Station, Gate 4. Our office is located between Soi Latphrao 50 and 52.