ABA​ Bank​ offers​ tax​ collection​ via​ multiple​ channels

01/Sep/2021

ABA​ Bank​ offers​ tax​ collection 1

After​ signing​ the​ MOU​ with​ the​ Ministry​ of​ Economy​ and​ Finance​ (MEF)​ and​ successful​ testing​ of​ the​ service,​ ABA​ Bank​ is​ delighted​ to​ announce​ that​ it​ now​ accepts​ tax​ payments​ on​ behalf​ of​ the​ General​ Department​ of​ Taxation​ (GDT)​ through​ various​ platforms​ depending​ on​ the​ tax​ type.

ABA​ customers​ can​ now​ pay​ their​ Road​ Tax​ remotely​ using​ the​ GDT​ Taxpayer​ app.​ All​ they​ need​ to​ do​ is​ to​ select​ ABA​ PAY​ at​ the​ payment​ screen​ of​ the​ GDT​ Taxpayer​ app,​ and​ ABA​ Mobile​ will​ be​ automatically​ launched​ on​ the​ customer’s​ smartphone​ to​ process​ the​ payment​ using​ an​ ABA​ account.​ In​ the​ near​ future,​ GDT​ and​ ABA​ will​ expand​ the​ service​ to​ include​ Annual​ Property​ Tax.

Taxpayers​ can​ also​ use​ the​ e-Tax​ Service​ on​ the​ GDT’s​ official​ website​ www.tax.gov.kh​ to​ pay​ most​ tax​ types​ online.​ Powered​ by​ the​ PayWay​ online​ payment​ platform​ from​ ABA​ Bank,​ the​ website​ now​ allows​ businesses​ of​ any​ size​ to​ pay​ monthly​ and​ annual​ enterprise​ taxes,​ business​ registration​ tax​ and​ audit​ tax,​ while​ individuals​ can​ declare​ their​ rental​ tax​ on​ land​ and​ house​ and​ online​ tax​ on​ vehicle​ transfer​ without​ travelling​ to​ or​ queuing​ at​ counters.​ The​ website​ also​ enables​ taxpayers​ to​ generate​ barcodes​ via​ e-Filing/Pre-filing​ by​ filling​ in​ tax​ declaration​ details​ into​ the​ GDT​ system​ on​ selected​ tax​ types,​ such​ as​ Tax​ on​ Income​ (TOI).

Additionally,​ ABA​ customers​ can​ pay​ the​ following​ taxes​ at​ counters​ in​ all​ ABA​ branches​ across​ the​ country:​

  • Tax​ on​ Means​ of​ Transportation,
  • ​​Property​ Tax,​ and
  • ​​Enterprise​ Tax,​ which​ includes​ monthly​ taxes​ (Salary​ Tax,​ WHT,​ Prepayment​ Tax,​ VAT,​ etc.)​ and​ annual​ taxes​ (Income​ Tax,​ Patent​ Tax,​ etc.).

With​ dedicated​ Tax​ Collection​ counter​ at​ every​ branch​ and​ free​ of​ charge​ service,​ ABA​ customers​ can​ now​ fulfill​ their​ tax​ obligations​ conveniently​ and​ securely.

Mey​ Polin,​ Chief​ Business​ Development​ Officer​ at​ ABA​ Bank​ commented,​ “We​ are​ pleased​ to​ become​ a​ collection​ partner​ on​ tax​ revenue​ collection​ with​ the​ government​ agencies.​ The​ expansion​ of​ convenient,​ flexible,​ and​ reliable​ means​ of​ payment​ will​ potentially​ create​ value​ for​ taxpayers.​ The​ tax​ revenue​ collection​ will​ be​ increasingly​ important​ as​ one​ of​ the​ main​ sources​ of​ revenue​ streams​ for​ the​ government,​ contributing​ to​ the​ country​ development.​ Thus,​ this​ is​ regarded​ a​ win-win​ solution​ for​ all​ stakeholders​ while​ creating​ an​ effective​ and​ transparent​ cashless​ payment​ system​ for​ Cambodia.”

For​ additional​ information​ on​ the​ services​ provided​ by​ ABA​ and​ GDT,​ please​ contact​ ABA​ at​ 023​ 225​ 333​ or​ GDT​ at​ 1277.

Playing​ its​ role​ in​ the​ socio-economic​ development​ of​ the​ country,​ ABA​ Bank​ understands​ the​ importance​ of​ tax​ paying​ and​ fulfilling​ obligations​ as​ a​ properly​ registered​ and​ operating​ financial​ institution.​ As​ such,​ the​ Bank​ was​ named​ one​ of​ the​ largest​ taxpayers​ in​ Cambodia​ in​ 2020​ and​ received​ Letters​ of​ Appreciation​ from​ Samdech​ Techo​ Hun​ Sen,​ Prime​ Minister​ of​ Cambodia,​ and​ H.E.​ Kong​ Vibol,​ Director-General​ of​ the​ GDT,​ that​ praise​ the​ Bank’s​ contribution​ to​ the​ development​ of​ the​ national​ economy.​ The​ Bank​ demonstrated​ commitment​ and​ transparency​ in​ good​ corporate​ tax​ governance​ by​ meeting​ its​ obligations​ on​ tax​ payments.

As​ a​ result​ of​ its​ strong​ dedication​ to​ tax​ compliance,​ ABA​ Bank​ also​ received​ “GOLD”​ Certificate​ of​ Tax​ Compliance​ from​ the​ GDT​ in​ December​ 2020,​ with​ a​ 2-year​ validity​ period​ for​ the​ financial​ years​ 2021​ and​ 2022.

You​ can​ download​ the​ ABA​ Mobile​ app​ from​ your​ smartphone's​ app​ store​ below:​