tax in korea 썸네일형 리스트형 Your Year-end tax settlement guide 2026 [PDF download] 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 yourselfAlmost all items are provided through this PDF file, but ther.. 더보기 Your 2026 January Tax schedule Nobody can deny that the most important tax schedule in January is VAT filing. The VAT return includes the company's revenues and costs and is reported to the tax office. This means that the company's revenues and costs are finalized. Once reported, it is difficult to correct these figures, so VAT filing is crucial.Unlike last October's VAT filing, which only corporation file their 3Q VAT and in.. 더보기 [2026 Changes] Why Your Take-Home Pay May Decrease In 2026, several changes will affect your monthly salary in Korea.For the first time in 20 years, the national pension contribution rate will increase. Health insurance premiums will also go up.The good news is that employment insurance and industrial accident compensation insurance rates will remain unchanged.1. Increase in Health Insurance RatesIn 2025, the health insurance contribution rate w.. 더보기 December 2025 Tax schedule If you own real estate in South Korea, you may be required to pay this tax. However, not all real estate is subject to the Comprehensive Real Estate Holding Tax. As the name suggests, this tax combines the value of all the realestate in Korea you own, and if the total exceeds a certain threshold, you must pay the tax.Although the rules are quite complex, to put it simply:If you own a house in Ko.. 더보기 November 2025 Tax schedule The main tax schedule for November is Interim individual income tax payment.It’s a prepayment of income tax that an individual business owner will pay in November this year, which will be credited toward the income tax due in May next year (for 2025 income, payable in May 2026).For example, if an individual business owner named Peter pays 5,000,000 KRW as interim tax in November 2025, and his fi.. 더보기 Ocotober 2025 Tax schedule This October 2025 comes with an unprecedentedly long holiday. From the 3rd to the 12th, including weekends, there will be a total of nine consecutive days off. If you’re from a European country, you might think it’s not a big deal — but for Koreans, it certainly is.For us as tax accountants, it’s particularly significant because the long holiday makes the tax filing deadlines quite tight. We app.. 더보기 Korea’s Annual Leave Rules: What Every Employer Must Know Annual leave is a legally guaranteed off day for employees. Similar to other countries, Korea also has an annual leave system. Some parts may be similar to what you have in your home country, while others may be different.Let’s take a look at the basic concept of annual leave in Korea. ①15days of annual leaveEmployees who have worked at least 80% of the working days in a year are entitled to 15 .. 더보기 Severance payment in Korea Severance payment, also called retirement benefit or separation pay, refers to the money a company pays an employee as compensation for their period of service when the employee leaves the company. This system is common not only in Korea but also in other countries, although the details may differ.In Korea, the basic rule for severance payment is that an employee must have worked for at least on.. 더보기 이전 1 2 다음
