September 2021

Contributions to Social Security Fund cut to 2.5% (extended)

From September to November 2021 included, the monthly contributions to the Social Security Fund (SSF) are reduced to 2.5% (from 5%) of the employees’ base salaries for both employees and employers, capped at THB 375. For instance, with a salary of THB 40,000 / month:Employee’s monthly contribution: THB 375 (from THB 750)Employer’s monthly contribution: THB