The Ministry of Finance has recently increased the exemption limit for severance pay received upon the termination of employment. The exemption has been raised from the equivalent of up to 300 days' wages, with a maximum of THB 300,000, to up to 400 days' wages, with a maximum of THB 600,000. This extension aims to alleviate the tax burden on employees who are terminated.

TMI provides further details and suggestion on this development in this article.