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CloudForce HR would like to extend our heartfelt sympathy those affected by the recent flooding.
Due to the extent of the recent flooding in Thailand, the cabinet on 19th December approved a measure to reduce the social security contribution rates for employers and employees.
Period | Contribution rate / Percentage of wage |
Current rate | 5% |
1 January 2012 – 30 June 2012 | 3% |
1 July 2012 – 30 June 2012 | 4% |
1 January 2012 onwards | 5% |