PY-TH: Navigating the Tax Deduction Maze of Diverse Employee Funds

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When you need to start running payroll for Thailand, as employer you are not only pay salary to your employees to run your business. You need to deal with employee income tax and submit to government as employer. Tax submission is not only one operation you need to do. There are other government department you need to deal with as a part of tax calculation. In Thailand, the personal income tax policy give benefit to the employee by contributing in government fund, investing in mutual fund, investing in life and health insurance and more. In this article, I highlighted in government fund contribution.

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