Question 1

How is the Land and Building Tax calculated under the Land and Building Tax Act B.E. 2562?

Accepted Answer

Tax is calculated by multiplying the government appraised value of the land and building by statutory progressive rates based on property usage (agricultural, residential, commercial, or vacant).

Question 2

What is the tax exemption threshold for a principal residential property (first home)?

Accepted Answer

An individual owning both land and building registered in the household registration book (Tabien Baan) is exempt from tax on appraised value up to 50 million THB (or 10m THB for building-only).

Question 3

What tax rates apply to second homes and rental properties in Thailand?

Accepted Answer

Second homes and non-principal residences are taxed at progressive rates starting at 0.02% for values up to 50m THB, rising to 0.10% for values over 100m THB.

Question 4

What punitive tax rates apply to vacant or unused land in Thailand?

Accepted Answer

Vacant or unutilized land is taxed starting at 0.3%, with an automatic statutory increase of 0.3% every three years if left undeveloped, up to a maximum cap of 3.0%.

Question 5

When is the annual Land and Building Tax payable to local district offices (Khet/OrBorTor)?

Accepted Answer

Local municipalities issue tax assessment notices (Phor.Dor.Sor. 6) around February-March, with tax payments due annually on or before April 30.

Thailand Land and Building Tax Calculator

Parameters & Inputs

Statutory Calculation Breakdown

About This Thailand 🇹🇭 Statutory Calculator

📊 ตารางเปรียบเทียบตามกฎหมายไทย (กรมสรรพากร และ กระทรวงแรงงาน)

Engr. Muhammad Shahzad