Salary Tax
Re: Salary Tax
https://www.dfdl.com/resources/cambodia ... ry-tables/
If your friend is in a job paying over $3k (roughly) then 20% is the correct rate.
If your friend is in a job paying over $3k (roughly) then 20% is the correct rate.
Meum est propositum in taberna mori,
ut sint Guinness proxima morientis ori.
tunc cantabunt letius angelorum chori:
"Sit Deus propitius huic potatori."
ut sint Guinness proxima morientis ori.
tunc cantabunt letius angelorum chori:
"Sit Deus propitius huic potatori."
Re: Salary Tax
They would pay a blended rate, I.e. they would pay 15% on dollars 2.5k to 3k and 20% on dollars 3,001 and up. I just made up the 2.5k level for example purposes, didn’t calculate actualSpigzy wrote: ↑Wed Apr 26, 2023 6:20 pm https://www.dfdl.com/resources/cambodia ... ry-tables/
If your friend is in a job paying over $3k (roughly) then 20% is the correct rate.
- cautious colin
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Re: Salary Tax
Non resident is 20%
Resident is tiered from 0 to 20%
If he has lived in the country then he is resident and therefore tiered
Resident is tiered from 0 to 20%
If he has lived in the country then he is resident and therefore tiered
- Freightdog
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Re: Salary Tax
Do you know by any chance what the tiers, breakpoints are?cautious colin wrote: ↑Wed Apr 26, 2023 8:40 pm Non resident is 20%
Resident is tiered from 0 to 20%
If he has lived in the country then he is resident and therefore tiered
Re: Salary Tax
Hey all. I copy and pasted this from a Google sheet we got from our finance department to calculate/ double check our tax. It's a bit messy soz, but I'm too lazy to attach or crop a pic, but the bands are there
From To
Amount USD Amount USD Percentage Minus
($ - ) ($ 325.00) 0% ($ - )
($ 325.00) ($ 500.00) 5% ($ 16.25)
($ 500.00) ($ 2,125.00) 10% ($ 41.25)
($ 2,125.00) ($ 3,125.00) 15% ($ 147.50)
($ 3,125.00) Over 20% ($ 303.75)
From To
Amount USD Amount USD Percentage Minus
($ - ) ($ 325.00) 0% ($ - )
($ 325.00) ($ 500.00) 5% ($ 16.25)
($ 500.00) ($ 2,125.00) 10% ($ 41.25)
($ 2,125.00) ($ 3,125.00) 15% ($ 147.50)
($ 3,125.00) Over 20% ($ 303.75)
- cautious colin
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Re: Salary Tax
Thi k it's been updated since then. The beginning is around $370Sheepdog wrote: ↑Wed Apr 26, 2023 9:34 pm Hey all. I copy and pasted this from a Google sheet we got from our finance department to calculate/ double check our tax. It's a bit messy soz, but I'm too lazy to attach or crop a pic, but the bands are there
From To
Amount USD Amount USD Percentage Minus
($ - ) ($ 325.00) 0% ($ - )
($ 325.00) ($ 500.00) 5% ($ 16.25)
($ 500.00) ($ 2,125.00) 10% ($ 41.25)
($ 2,125.00) ($ 3,125.00) 15% ($ 147.50)
($ 3,125.00) Over 20% ($ 303.75)
The rest is the same
Edit, 360$
- John Bingham
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Re: Salary Tax
So if you earn $2050 a month you pay $205 but if you earn $2055 its $308. Good to know.
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- cautious colin
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Re: Salary Tax
Nah, you go through the stages so you would only pay $1 moreJohn Bingham wrote: ↑Thu Apr 27, 2023 1:12 am So if you earn $2050 a month you pay $205 but if you earn $2055 its $308. Good to know.
Also, obviously based on riel, so the tax paid each month will be slightly different
Re: Salary Tax
Pretty sure the different rates are charged on the different portions, so the 15% rate only applies to however much above $2050 you earnJohn Bingham wrote: ↑Thu Apr 27, 2023 1:12 am So if you earn $2050 a month you pay $205 but if you earn $2055 its $308. Good to know.
Re: Salary Tax
I used PWC back in the days, they offered the first 30 minutes free of charge.Freightdog wrote: ↑Wed Apr 26, 2023 5:40 pmWould you have any names or details of such firms that are reputable and reliable?Kammekor wrote: ↑Wed Jan 04, 2023 1:26 pm Why not let your friend contact one of the larger accountancy firms? They can answer all his specific questions with a certainty this forum can't offer unless someone has recently been in the same situation and found it all out.
Most large accountancy firms will give you a free 'welcome meeting' for 15-30 minutes so it's not very costly to find the correct legal answers.
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