by Ingo Siewert | Sep 24, 2024 | Corporate Tax
Withholding tax (WHT) is a form of pre-collected tax that is deducted from certain payments made in Phuket and the rest of Thailand. The purpose of WHT is to collect tax from individuals and businesses before they receive their full payment, ensuring that the...
by Ingo Siewert | Sep 24, 2024 | Personal Tax
Thailand Personal Income Tax (PIT) is a tax levied on individuals’ income derived from various sources, including employment, business, rental income, and interest. The tax rate is progressive, ranging from 5% to 35%, depending on the individual’s taxable income....
