This is to inform that there is a revision on Social Security Contribution rate with the following details below.
The rate that is changing is for payroll of September’20 – November’20.
The new Employer Social Security contribution rate is 2% (the current rate is 5%)
The new Employee Social Security contribution rate is 2% (the current rate is 5%)
The capping of salary with minimum and maximum amount is unchanged.
You may find the links below from the Social Security Office for your reference.
Please note that the announcement on the Social Security Office’s website is only available in Thai at the moment.