Gochang-gun Accepts Annual Automobile Tax Prepayment Until the 31st

[Asia Economy Honam Reporting Headquarters Reporter Kim Jaegil] Gochang-gun, Jeonbuk (Governor Yu Gisang) announced on the 4th that it is accepting applications for annual prepayment of automobile tax until the end of this month.

The automobile tax annual prepayment system offers a discount benefit to taxpayers who pay the tax, which is regularly imposed every June and December, in advance. The discount is applied differentially by quarter (January 10%, March 7.5%, June 5%, September 2.5%).

If the vehicle is scrapped or transferred after the prepayment, the taxpayer can receive a refund calculated on a pro-rata basis for the remaining period.

The payment deadline is until the 31st of this month, and payment methods include visiting financial institutions, virtual accounts, internet banking, credit cards, Wetax, and internet Giro, among others.

If payment is not made by the end of this month, the tax credit benefit cannot be received, and the regular automobile tax will be imposed in June and December.

A Gochang-gun official said, "Vehicle owners can receive a discount benefit if they apply and pay the annual prepayment by March 31, so we ask them not to miss the timing and to apply." He added, "You can report and pay by visiting the county office finance department and eup/myeon offices, by phone, or using Wetax."

This content was produced with the assistance of AI translation services.