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tax

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
[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 ‘회원가입’ in the upper part. ​3.Check you are business or individual userIndividual : Use resident number (13digit)Business : Use business.. 더보기
Appointment process of your tax accountant in hometax. ​ When you have found reliable qualified tax accountant for your business in Korea, the next step is appoint the tax accountant as your tax preparer in the Hometax site. ​ Through this process, your tax accountant can check and see lots of thing which needs for tax filing of about your business. so It can reduce your burden to prepare documents about your business’s sales & cost for tax filing. .. 더보기
How to report your tax in Korea? -3 Followed by my last posting, I will explain your report obligation of other income / financial income / pension income ​ If you want see previous postings, please click below link. How to report your tax in Korea? -1 You who are reading this article probably have incomes in Korea. your incomes might be rent income from your real-estate in Korea, dividend/interest income from your financial asset.. 더보기