Half Year Returns: Who Needs to File a PND 94 in Thailand?

In Thailand, the PND 94 form is used to report certain types of income earned during the first half of the year (January to June). You need to file a PND 94 if you receive income under Sections 40(5) to 40(8) of the Thai Revenue Code, over THB30,000 as a single filer, and THB60,000 as a married joint filer. 

These sections cover specific types of income that do not originate from regular employment, which is usually reported on other forms.

When is the PND 94 Filing Deadline?

The PND 94 form must be filed by the first week of October each year, covering income earned from January to June. If you miss this deadline, you could face penalties, so it’s important to file on time.

What Income Should Be Reported?

The PND 94 form is used to report income from the following categories:

• Section 40(5): Rental Income
  Example: Income from renting out properties such as houses, condos, land, or vehicles.
• Section 40(6): Income from Liberal Professions
  Example: Income from professions requiring special expertise and often conducted independently, such as being a lawyer, doctor, accountant, or architect.
• Section 40(7): Contractor Income
  Example: Income from work contracts where the contractor must provide key materials in addition to their tools.
• Section 40(8): Other Income
  Example: Income from business, commerce, agriculture, industry, transport, or other activities not covered by the first seven categories. This includes selling goods online, running a photography shop, or operating a pet grooming business.

What is NOT Reported on the PND 94?

The following types of income are reported at the end of the year, not on the PND 94:

• Regular Employment Income (Section 40(1)): Typically reported on the PND 91 form.
• Pension Income (Section 40(1)): Also reported on the PND 91.
• Capital Gains (Section 40(4)): Usually reported on the PND 90 form.

Which Expats Need to File a PND 94?

Expats living in Thailand may need to file a PND 94 if they have income under Sections 40(5) to 40(8). Here are some common examples:

• Renting Out Property in Thailand
  Example: An expat rents out a condo or house in Thailand to other expats or locals. This rental income must be reported under Section 40(5) and requires filing a PND 94.
• Income from a Liberal Profession
  Example: An expat works in Thailand as a freelance consultant, lawyer, or architect, providing independent services. This income falls under Section 40(6) and should be reported on the PND 94.
• Working as an Individual Contractor
  Example: An expat works as a contractor, such as a landscaper or interior designer. This income would need to be declared via a PND 94. Section 40(7)
• Running a Business, Commerce, Agriculture, or Transport
  Example: An expat operates an online shop, selling items on platforms like Lazada, or runs a pet grooming shop. This type of income is classified under Section 40(8) and should be reported on the PND 94 form.

Why Filing a PND 94 is Important

Filing a PND 94 ensures you are compliant with Thai tax laws regarding non-employment income. If you earn income under Sections 40(5) to 40(8), it’s crucial to report it correctly to avoid penalties and ensure you meet your tax obligations.

File Yourself?

If you would like to file your own return you can download the form from the Revenue Department’s website here.

Do You Need Further Assistance?

If you need to file a PND 94 half-year return, we offer this as part of our Assisted Tax Filing Service, which covers your half-year and end-of-year PND 90 return. The annual cost of Assisted Tax Filing is THB 12,000.

Please sign up below to get started.

Unsure about your filing requirements? Book a free call with our team, and we’ll help you figure out what you need to do.