Module: PYTH | Molga: 42 | Currency: THB | Region: APAC
Field | Detail |
Statutory | SSF (5%+5% THB750 cap), PVD provident fund, PND1/1āļ, WCF |
Tax | Progressive PIT 5-35% via PND1 |
Key Feature | SSF Social Security & PVD Provident Fund |
Pay Frequency | Monthly |
Banks | Bangkok Bank, Kasikorn Bank (KBank), SCB |
Thailand-Specific Configuration
SSF (Social Security Fund)
- Rate: 5% EE + 5% ER capped at THB 750 EE + THB 750 ER (wage ceiling THB 15,000)
- SSF covers sickness, maternity, disability, death, child allowance, old-age, unemployment
- Monthly SSF declaration: Revenue Department portal
PVD (Provident Fund)
- Voluntary: employer and employee mutual fund (min 2%, max 15%)
- Configure IT0169 (Provident Fund) with fund company and rate
- Tax deduction: up to THB 500,000/year or 15% of income
Chapter 5.5: Thailand Statutory
- PND1 (āļ .āļ.āļ.1): monthly withholding tax return; due 7th/15th of following month
- PND1āļ: annual withholding tax reconciliation; due 28 February
- SSF Form SSO-601: monthly contribution report
- WCF (Workmen's Compensation Fund): annual declaration to Dept of Labor Protection
- Severance Pay: Labour Protection Act - 30 days per year (max 300 days) for employees âĨ10 years
- Annual Leave: 6 days/year after 1 year; Sick Leave: 30 days/year