Contributions to Social Security Fund cut to 2%
From September to November 2020 included, the monthly contributions to the Social Security Fund (SSF) are reduced to 2% (from 5%) of the employees’ base salaries, capped at THB 300, for both employers and employees. For instance, with a salary of THB 30,000 / month:Employee’s monthly contribution: THB 300 (from THB 750)Employer’s monthly contribution: THB
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