The Thai Ministry’s approval for the establishment of the Thailand ESG Fund (TESG) marks a significant positive development in Thailand. This initiative represents Thailand’s first-ever locally-based sustainable fund, promoting environmental, social, and governance (ESG) principles within the country. This fund allows for tax deductions of up to 30% of annual […]

When preparing or reviewing payroll on Totem, the system provides a number of useful TAGS that will allow to quickly assess any important changes to employee status. These changes are visible when the payroll is run and to any people involved in the checking or approval process.  The information is […]

On 24 January 2022, the Revenue Department has provided the ability for companies to submit their PND 1 Kor online using the RD Prep application, and this must be completed by the 8 March 2022. Totem has now added this functionality for your use. You can export PND 1 Kor […]

On 6th October the Revenue Department released new software to encrypt the PAYE tax information for employees.We are pleased to advise that our Totem Payroll software needs no changes to work the new RD software. เมื่อวันที่ 6 ตุลาคม กรมสรรพากร มีการปล่อยซอฟต์แวร์ใหม่ เพื่อเข้ารหัสข้อมูลการนำส่งภาษี สำหรับพนักงานซึ่งสามารถนำไฟล์จาก Totem Payroll ไปใช้งานกับซอฟต์แวร์ ใหม่ของกรมสรรพากรได้ โดยไม่ต้องทำการเปลี่ยนแปลงใดๆ Our clever staff […]

For those of you who are responsible for payroll preparation, 2020 has introduced some changes to Social Security contributions which have caused some confusion! As a result of the covid-19 pandemic, the Social Security Office made changes to the amounts to the contributions of both employee and employers. Briefly, as […]

The Social Security Office has announced changes to contribution rates to the Social Security Fund. The new contribution rates are 4% employer contribution and 1% employee contribution for the next three months (March – May 2020) with a possibility of further adjustments to the rates depending on how the Covid-19 […]