How to Submit Income Taxes in Thailand for Expats: Complete Walkthrough + Free Template

In this video, we're discussing income taxes in Thailand for expats. Navigating the Thailand tax system can feel daunting, especially for newcomers, but I'm here to break it down for you. I explore everything from understanding progressive income tax rates to making the most of tax deductions and exemptions to reduce your tax burden. We'll discuss the nuances of tax withholdings, what constitutes taxable income, and how to ensure that you are accurately filing taxes as an employee of a Thai company. Using an example scenario, I'll guide you through calculating your taxes, considering factors like social security contributions, provident fund benefits, dependent spouse and children, and more. Additionally, we’ll walk through the entire e-file process on the Thai Revenue website, covering how to use the withholding certificate and a tax calculator for accurate tax submission. Whether you're aiming for a tax refund check or simply ensuring you're compliant, this episode is packed with essential tax tips and advice. So tune in for a comprehensive, step-by-step guide to online tax filing in Thailand, and learn how to best utilize tax incentives and support documents to your advantage. Don't miss out—get ready to make tax season stress-free with practical insights and tips tailored for expats!

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00:00:00 - Introduction
00:01:36 - Disclaimer
00:02:03 - What's Being Covered
00:02:53 - Progressive Tax Rates
00:03:45 - Tax Deductions and Exemptions
00:04:45 - Tax Withholding by Employers
00:05:42 - Example Scenario of Individual Filing Taxes
00:07:20 - Details of Withholding Certificate (TAWI)
00:09:09 - Tax Calculator Excel Sheet and Example Calculation
00:15:29 - Step-by-Step Guide to Submitting Taxes Online
00:24:09 - Final Notes and Recommendations

Free Template
https://docs.google.com/spreadsheets/...

Thailand Withholding Tax Certificate Example (ENG)
https://drive.google.com/file/d/1U8IW...

Blank Thailand Withholding Tax Certificate Form (ENG)
https://drive.google.com/file/d/1Fe43...

Thailand Revenue Department (efiling)
https://efiling.rd.go.th/rd-cms/