093 682 682 | 078 868 848 | info@pp-hr.com | Join Discussion | ខ្មែរ | English  | 日本語 | 中文  | ไทย한국어Tiếng Việt

SPT, PLT, PPT, VAT in Cambodia

 

Example 

Assume that ABC Company manufactured and sold Wine Brand Y.  During April, ABC Company sold  to the following customers:

  • Local real regime  company customers of $20,000 ( included any taxes).
  • Local wholesaler customers of $10,000 ( included any taxes).
  • Local final users of $5,000 ( included any taxes).

Required:

Calculate any taxes ?


Solution 

1.  Prepayment of Profit Tax (PPT)

PPT = (20,000 + 10,000 + 5,000)/1.1 x 1%=$318

2.Value Added Tax (VAT)

VAT =  (20,000 + 10,000 + 5,000)/1.1 x 10%=$3,182

3. Specific Tax on Certain Merchandises (SPT)

SPT=  [(20,000 + 10,000 + 5,000)/1.1/1.35] x 90% x 35%=$7,424

4. Public Lighting Tax (PLT)

PLT = =  [(20,000 + 10,000 + 5,000)/1.1/1.03] x 3%=$927

Find Jobs Here !

Featured Jobs

Responsibilities Responsible for all underwriting matters related to acceptance of risks/policies and ensures that it is in compliance with the company’s business strategies and risk acceptance guidelines. Conducts review on new and renewal cases. Ensures that issuance of policy documentation is within the timeframe set. Handles enquiries from customers, agents, brokers, reinsurers and internal customers. Provides technical underwriting support to
Responsibilities Sells and markets a wide range of general insurance products and services to meet set targets.  Requirements A recognised University Degree preferably related to Finance and Marketing; Experience in the sales of insurance or financial products will be an advantage; Outgoing with excellent interpersonal and communication skills. Ability to converse in Chinese will be an added advantage. Committed, highly
Loading...