Notification of Selection of the Simplified

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The deemed purchase rate is set at 40% to 90% according to the six business categories, but the construction industry and the electric industry, which have many masters, are classified as Type 3 businesses with a deemed purchase rate of 70%. [Note 3] With this method, the assumed purchase rate is applied to the calculation of the consumption tax on purchases, so if you know the sales amount excluding tax, you can easily calculate both the consumption tax on sales and the consumption tax on purchases.

I can If you are concerned that becoming a taxable business entity will increase the amount of time and effort required for accounting work, consider introducing a simplified taxation system. In addition, in order to use the simplified Cambodia phone number list taxation system, it is necessary to submit a "Taxation System for Consumption Tax" in advance. [Note 3] Simplified taxation system | National Tax Agency 3. What single masters should be aware of in the invoice system busy men In the invoice system, the points that a single master should pay attention to differ depending on whether the business is a taxable business or a tax-exempt business.




First of all, if you become a taxable business operator, the burden of consumption tax will increase, so it is necessary to carry out cash flow on the premise of a decrease in income. It is important to consider not only the amount and timing of capital investment, but also how much the decrease in income will affect your life, and reflect it in your future work development and lifestyle. On the other hand, if you want to continue your activities as a tax exempt business, it is also necessary to discuss with your business partners in advance about transactions after the introduction of the invoice system.