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Year-end tax settlement guide -1 [PDF downloads] To start your year-end tax settlement in Korea, the very first thing you should do is to download ‘the PDF file’ from home tax. ​ The PDF file shows information of all receipts,medical bills and other bills you paid in a year. ​ *If you don’t get this PDF file, you should collect all the receipts, medical bills and other bills by yourself ​ ​ Almost all items are provided through this PDF file, .. 더보기
January 2023 Tax Deadlines ​ ​ It's very important to know when taxes are due in Jan. And, for many business onwers, there are more tax deadlines to care about than just the due date for your corporate income(or income tax) tax return. ​ If you miss a tax deadline, the NTS (Korea National Tax Service) can hit you hard with penalties and interest. So, I'd like to introduce you what taxes you should pay and what other oblig.. 더보기
[Payroll]Withholding tax guide [G-tax guide book] Do your company have employees? than I'm sure your company pay salary to your employees. When you pay salary, you should pay 'net salary' which deducted taxes (if need, social insurances too) from salary not the total amounts of salary which is before tax. And deducted taxes should be paid to tax office. yes it means company pay employees taxes on behalf of them from their salary. we call this p.. 더보기
How English teachers pay taxes in Korea? -2 In succession to previous posting, I will talk about taxes of english teacher in Korea. (Especially teachers working for Hagwon) If you want to see my last posting, please check below link. How English teachers pay taxes in Korea? -1 In Korea which have super high educational passion (especially for English!), tons of foreign english teachers are working in Korea. They work at Public school, Uni.. 더보기
How English teachers pay taxes in Korea? -1 In Korea which have super high educational passion (especially for English!), tons of foreign english teachers are working in Korea. They work at Public school, University or Private academy(in Korean, Hagwon). As they work and get paid in Korea, they should pay taxes in Korea. However, Compared to the number of foreign english teachers in Korea, professional tax service for the teachers isn't e.. 더보기
How to copy digital certificate? When you login to bank homepage or government related sites (for example, Hometax), They require special system in Korea called digital certificate in Korean, '공인인증서'. You may have seen this window when you login to homepage. Digital certificate is certificate issued electronically by bank. and it’s used for banking or login to govermental site like Hometax(national tax service). When you make b.. 더보기
To register to Hometax(NTS) is first step of your business Hometax is Korea’s national tax service homepage. You can do almost everything related to tax through this homepage without going to tax office in person. To use this site, hometax, you need an ID & PW.Please follow below process.1.Search ‘Hometax’ ​​2.Click the ‘로그인’ in the upper part.​2.Click the ‘회원가입’ 3.Check you are business or individual userIndividual : Use resident number (13digit)Busine.. 더보기