Thailand’s Land and Building Tax Act B.E. 2562 (2019) introduced a modern, progressive property tax system that replaced the outdated House and Land Tax. The tax is based on the appraised value of land and buildings as determined by the Land Department, and it applies to all property owners—both Thai and foreign—who hold property as of January 1 each year.
📊 2025 Tax Rates by Property Type
| Property Use | Appraised Value Band (THB) | Tax Rate |
|---|---|---|
| Agricultural Land | 0–75 million | 0.01% |
| 75–100 million | 0.03% | |
| 100–500 million | 0.05% | |
| 500 million–1 billion | 0.07% | |
| Over 1 billion | 0.10% | |
| Primary Residence (land + house) | 0–50 million | Exempt |
| 50–100 million | 0.03% | |
| 100–500 million | 0.05% | |
| Over 500 million | 0.10% | |
| Residential Property (not primary) | 0–50 million | 0.02% |
| 50–100 million | 0.03% | |
| 100–500 million | 0.05% | |
| Over 500 million | 0.10% | |
| Commercial / Industrial Property | 0–50 million | 0.30% |
| 50–200 million | 0.40% | |
| 200 million–1 billion | 0.50% | |
| 1–5 billion | 0.60% | |
| Over 5 billion | 0.70% | |
| Vacant / Unused Land | 0–50 million | 0.30% |
| 50–200 million | 0.40% | |
| 200 million–1 billion | 0.50% | |
| 1–5 billion | 0.60% | |
| Over 5 billion | 0.70% |
Note: Rates are progressive within each value band.
🧾 Exemptions and Reductions
- Primary Residence: Exempt for individuals whose names are on the household registration documents and whose property value does not exceed 50 million THB.
- Agricultural Land: Exempt for individual owners if the appraised value is up to 50 million THB.
- Unused Land: If a property remains vacant for more than three consecutive years, the tax rate increases by 0.3% every three years, up to a maximum of 3%.
- Government and Charitable Use: Properties used for government or charitable purposes are generally exempt.
📅 Payment Deadlines and Penalties
- Tax Notices: Issued in February each year.
- Payment Due: Typically by April 30.
- Penalties for Late Payment:
- Late Fee: 10% of the unpaid tax.
- Interest: 1% per month on the outstanding amount.
✅ Tips for Property Owners
- Verify Property Value: Check the appraised value of your property with the local Land Department.
- Understand Your Property’s Use: Determine the correct category (residential, commercial, agricultural, etc.) to apply the appropriate tax rate.
- Monitor Exemptions: Ensure you qualify for any exemptions or reductions.
- Pay on Time: Avoid penalties by paying the tax by the due date.
📞 Need Help Finding the Right Condo?
We sell and rent properties across Thailand and assist foreign buyers with expert guidance. While we don’t provide legal advice, we work closely with reliable, English-speaking lawyers and can refer you to trusted professionals.
📩 Email us: contact@centralcityproperty.com
📱 WhatsApp: +66 95 992 0345
🌐 Website: www.centralcityproperty.com
Let us help you secure your dream home in Thailand—safely and legally.
