OrbitaxOrbitax

Thai Cabinet Approves Temporary Social Security Reduction

|Approved Changes|Thailand
Thailand

The Thai Cabinet has reportedly approved a temporary reduction in social security contributions as part of a package of measures to address high energy prices. With effect from May to July 2022, the standard contribution rate is reduced from 5% to 1% for both employers and employees.

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.