Home » Cambodia Publication » Sub-Decree No.196 ANKr.BK dated 28 September 2022 issued by the Royal Government of Cambodia on “New Annual Tax on Income and Monthly Tax on Salary Thresholds”
Sub-Decree No.196 ANKr.BK dated 28 September 2022 issued by the Royal Government of Cambodia on “New Annual Tax on Income and Monthly Tax on Salary Thresholds”

Sub-Decree No.196 ANKr.BK dated 28 September 2022 issued by the Royal Government of Cambodia on “New Annual Tax on Income and Monthly Tax on Salary Thresholds”

October 1, 2022

The Sub-Decree specifies new Tax on Income (“TOI”) thresholds for the taxable income earned by physical persons, sole proprietorships, and the distributive share of each member of a partnership that is not classified as a legal entity. In addition, the Sub-Decree sets out new Tax on Salary (“TOS”) thresholds for salary income.

The new annual TOI income thresholds are as follows:

No.Threshold of Income Subject to TOI (KHR)Tax Rate
1From 0 to 18,000,0000%
2From 18,000,001 to 24,000,0005%
3From 24,000,001 to 102,000,00010%
4From 102,000,001 to 150,000,00015%
5Over 150,000,00020%

The new monthly TOS thresholds are as follows:

No.Threshold of salary subject to TOS (KHR)Tax Rate
1From 0 to 1,500,0000%
2From 1,500,001 to 2,000,0005%
3From 2,000,001 to 8,500,00010%
4From 8,500,001 to 12,500,00015%
5Over 12,500,00020%

This Sub-Decree enters into effect on 1 January 2023.

AUTHOR

An ACCA-qualified adviser, Sivila is an expert in Cambodian taxation with over 10 years of tax consulting experience, including several years with Big 4 firm KPMG.

At VDB Loi, he advises on tax structuring, disputes, and controversy, and conducts tax due diligence for clients across a range of industry sectors, including financial services, telecommunications, real estate, and garment manufacturing.

Sivila is also an associate member of the Kampuchea Institute of Certified Public Accountants and Auditors (KICPAA).


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