Tax exemptions for families and dependents are crucial tools that help reduce the financial burden of raising children or caring for other family members. These exemptions can be beneficial in lowering the amount of income subject to taxation, which can ultimately result in lower taxes owed. As we move into 2025, the landscape of tax exemptions continues to evolve.
Accounting & Legal in Thailand
Thailand is an attractive destination for expatriates looking to establish businesses due to its strategic location, growing economy, and business-friendly policies. However, navigating the company registration process can be complex, especially for foreigners unfamiliar with local regulations.
Withholding tax on salary is a significant part of the taxation system in Thailand, and understanding how it works is essential for both employers and employees. As an employee in Thailand, a portion of your salary is automatically deducted by your employer and paid to the Thai Revenue Department.
