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Wednesday, April 20, 2022

It is not coincident, a story behind GDT success in the first trimester of 2022

  Source: GDT, 2022

On Tuesday, April 19, 2022, the Director General HE Kong Vibol, Minister Delegate Of the General Department of Taxation, held a meeting to review the results of tax return for the first quarter of 2022.

Regarding the results of tax revenue collection management, HE Kong Vibol stated that in March 2022, all types of tax revenue collected by the General Department of Taxation from the online revenue data management system amounted to 3,040.37 billion Riels (approximately 750.71 million dollar), equivalent to 26.63% of the Financial Law Plan for 2022. Compared to the tax revenue for March 2021, it increased by 547.30 billion Riels (approximately 135.14 million USD), equal to 21.95%. 

For the first three months of 2022, revenue from five major tax categories maintained a significant increase compared to the same period in 2021, of which 2,698.02 billion Riels of Tax on Income (an increase of 515.17 billion riels equal to 23.60%), 774.01 billion riels of Value-Added tax  (increase 101.79 | billion riels equal to 15.14%), 298.47 billion riels of Specific Tax on Certain Merchandises and Services (an increase of 40.84 billion riels or 15.86%), 315 billion riels Tax on Salary (an increase of 55.05 billion riels or 21.18%), And 226.79 billion Riels of Registration Tax (an increase of 58.94 billion Riels or 35.12%).

What is the Key components of GDT success? 

1. The continuation of Good Governance and Good Administration: They lead to adherence to the proactive spirit of developing

2. The launch of information technology systems before Covid-19 pandemic: a model of revenue collection through IT, law enforcement, especially ToI E-Filing, E -Filing, E-Payment, GDT Tax, Pre-filing App, and system for receiving tax returns, application for administrative documents and / or documents through the E-Document Submission System, as well as requesting certificates / Online permits.

3. User-friendly Mobile App: The General Department of Taxation's mobile application enables taxpayers to easily and save time paying taxes from anywhere, get the latest tax updates and information, track documents and receive taxpayer services from the General Tax Department.

4. Diversity of Tax Payment choices: Currently, there are 08 tax payment options through partner commercial banks, including ACLEDA Bank, Canadia Bank, Cambodian Public Bank, SATHAPANA Bank, ABA Bank, Vattanac Bank, Cambodia Post Bank and Jet Strait Bank where tax can be paid besides GDT and branches. 

5. Support service to taxpayers: It includes consulting services to taxpayers (up to 26,427 cases for the first three months of 2022) and educational campaigns including seminar, short courses, media and more.

For More Information, It is best to visit GDT official Website Here,


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