Forvis Mazars Payroll Flash News - August 2025

This announcement reflects the principles approved by the Cabinet in its meeting held on 26 August 2025.

Following the Cabinet’s recent approval of the Ministry of Labour’s proposal, the commencement date for collecting contributions to the Employee Welfare Fund has been officially postponed by one year. The new effective date is now 1 October 2026, instead of the previously announced 1 October 2025.

Rationale for the postponement

The decision to delay implementation was made in light of ongoing economic uncertainties, including:

·       Trade tariff increases by the United States,

·       Adjustments to the minimum wage,

·       Regional geopolitical tensions.

These factors have placed financial pressure on both employers and employees. The postponement aims to alleviate this burden and support continued employment stability.

Contribution rates remain unchanged

Despite the delay, the prescribed contribution rates remain as follows:

For further details, please refer to our original Flash News published in April 2025: Forvis Mazars Payroll Flash News - April 2025 (Vol. 1)

Sources (in Thai):

Cabinet meeting synopsis on 26^th of August 2025