Tax calculation program thailand

Type of Income Deduction a. Income derived from business, commerce, agriculture, industry, transport, or any other activities not specified in a. In computing assessable income, taxpayer shall gross up his dividends by the amount of the tax credit received. The amount of tax credit is creditable against his tax liability. In the case where income categories 2 - 8 mentioned in 2. Taxpayer is liable to pay tax at the amount whichever is greater.

There are several types of income that the taxpayer shall not include or may not choose to include such income to the assessable income in calculating the tax liability. Taxpayer shall not include income from sales of immovable property acquired by bequest or by way of gift to the assessable income when calculating PIT.

However, if the sale is made for a commercial purpose, it is essential that such income must be included as the assessable income and be subject to PIT. Spouse Exemption:. Child with Education Exemption:. Total Child Exemption:. Own Father-Mother Exemption:. Total Father-Mother Exemption:. Social Security Fund contribution: Maximum in tax year is 5, Baht.

Provident Fund contribution or Government Pension fund contribution:. Interest Paid for Loan purchase: Baht Deductible. Baht Deductible. Life Insurance Premium:. Donation supporting education: Baht Deductible. Individual tax payers will be able to accurately calculate the income tax due based on their salaryand tax deductions. Full Specifications. What's new in version 1.

Release February 25, Date Added February 25, Version 1. Operating Systems. Operating Systems iOS. Total Downloads Downloads Last Week 0. Report Software. Number of weeks for weekly calculation? Employment Income and Employment Expenses period? Simple Advanced. Resident Non Resident.