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”
October 1, 2022The 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 |
| 1 | From 0 to 18,000,000 | 0% |
| 2 | From 18,000,001 to 24,000,000 | 5% |
| 3 | From 24,000,001 to 102,000,000 | 10% |
| 4 | From 102,000,001 to 150,000,000 | 15% |
| 5 | Over 150,000,000 | 20% |
The new monthly TOS thresholds are as follows:
| No. | Threshold of salary subject to TOS (KHR) | Tax Rate |
| 1 | From 0 to 1,500,000 | 0% |
| 2 | From 1,500,001 to 2,000,000 | 5% |
| 3 | From 2,000,001 to 8,500,000 | 10% |
| 4 | From 8,500,001 to 12,500,000 | 15% |
| 5 | Over 12,500,000 | 20% |
This Sub-Decree enters into effect on 1 January 2023.
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