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Thailand Increase Maximum Monthly Social Security Contribution

07 November 2017

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Approved Changes

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Thailand

The National News Bureau of Thailand has published a release on an increase in the maximum monthly social security contribution basis cap for both employers and employees. Currently, the salary basis cap is THB 15,000 per month, resulting in a maximum monthly contribution of THB 750 (5% of salary) for both employers and employees. From January 2018, Thailand's Social Security Office will increase the monthly salary basis cap to THB 20,000, resulting in a maximum monthly contribution of THB 1,000.