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Thailand: Social security-related relief (COVID-19)

Thailand: Social security-related relief (COVID-19)

The Ministry of Labor issued guidance with regard to social security relief measures in response to the coronavirus (COVID-19) pandemic.

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The relief measures include reduced rates for social security contributions and extension of time for submitting social security forms and for remitting social security contributions. The social security contribution rates (both the employer portion and the employee portion) are reduced for a three-month salary cycle from March to May 2020.

The deadline for social security forms due for March 2020 is extended to 15 July 2020 (from 15 April 2020). The deadline for April 2020 is extended to 15 August 2020 (from 15 May 2020). The deadline for May 2020 is extended to 15 September 2020 (from 15 June 2020).

Read an April 2020 report prepared by the KPMG member firm in Thailand

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