tax firm 썸네일형 리스트형 Year-end taxsettelemt Guide for Foreign employees in Korea -3 What should be checked after year-end tax settlement? 1.Check the amounts of '차감징수세액(numbers 77) After the year-end tax settlement, you will receive a document called the Salary & Wage Income Withholding Receipt (연말정산 근로소득원천징수영수증). In this document, if you see the red box, (73) 결정세액 represents the finalized tax amount. Additionally, (75) 기납부세액 주(현) 근무지 indicates the taxes deducted from your monthly salary each month. (77) 차감징수세액 represents the taxe.. 더보기 Year-end taxsettelemt Guide for Foreign employees in Korea -2 Way to download hometax PDF file If you are a foreigner working for a Korean company, it's likely the season for 'Year-end tax settlement.' During this time, the company may require you to obtain a 'PDF' file from Hometax. 1)What's the PDF file for? The PDF (간소화자료) file contains almost everything you need to optimize your tax deductions or increase your tax refund amounts. By reviewing it, you can find details on various deduct.. 더보기 [Tax Updates 2024] The special flat tax rate for foreigner applying period has been extended! In Korea, tax rates adhere to a progressive tax rate system, where the tax rate increases with higher income. As per the income tax law, tax rates range from 6% to 45%. Nevertheless, there exists a special taxation scheme for foreigners. Those who qualify for this special taxation can benefit from a 20% flat tax rate. While the 20% tax rate may seem lower compared to the normal progressive tax r.. 더보기 What do you know about yout Profit & Loss statement? (Salary Paid to fmaily) Most small and medium-sized companies often opt to outsource their bookkeeping and payroll to tax firms. This is because bookkeeping, which involves creating financial statements, requires expertise in accounting and tax knowledge. It's more efficient for companies to outsource this task to a reliable tax accountant rather than hiring an employee for the job. Consequently, you'll receive financi.. 더보기 What do you know about yout Profit & Loss statement? (Salary and wages) Most small and medium-sized companies often opt to outsource their bookkeeping and payroll to tax firms. This is because bookkeeping, which involves creating financial statements, requires expertise in accounting and tax knowledge. It's more efficient for companies to outsource this task to a reliable tax accountant rather than hiring an employee for the job. Consequently, you'll receive financi.. 더보기 이전 1 다음
