This is to inform that there is a change on the Social Security contribution rate with following details:
1) The rate that is changing is for payroll of January 2021 – March 2021
2) The new Employer Social Security contribution rate is 3% (the current rate is 5%)
3) The new Employee Social Security contribution rate is 3% (the current rate is 5%)
4) The capping of salary with minimum and maximum amount is unchanged.
You may find the link from Social Security Office’s website for your reference.
Please note that the announcement on Social Security Office’s website is currently only in Thai version.
For any further information, please feel free to contact us if you have any question.