Want to know more?
Personal income tax return (PND 91) – A closer look – November 2023
All employees in Thailand must file an annual personal income tax return, known as a PND 91. This edition of ‘A Closer Look’ takes a deep dive into the requirements for preparing the PND 91 and describes what options are available to employees to minimize their personal income tax. There are a number of tax allowances that employees cannot afford to overlook.
Keywords: Mazars, Thailand, Payroll, PND 91, Personal income tax return, Tax saving, SSF, RMF, ESG
Our guide looks at the personal income tax return (PND 91):
- General information and residence rules
- Assessable income to be reported in Form PND 91
- Who must file Form PND 91?
- Personal income tax rates
- Tax allowances and tax exemptions for 2023
- Important dates, tax refunds, and tax payments
- Penalties
- Tax-savings tips that you should know
- Related to dependants
- Related to investments
- Super Saving Fund (SSF)
- Retirement Mutual Fund (RMF)
- Important note to taxpayers who made investments in RMFs and SSFs
- 2023 updates
- Tax relief of up to 40,000 baht for domestic purchases
- Tax exemption for the purchase of Thailand ESG Fund units
- A new interpretation of foreign-sourced income effective from January 2024
Want to know more?
