National Tax Service Establishes 'My Tax Notifier'... "Schedule and Refund Notices Ready in 3 Seconds"

'Tax Calendar' Also Provided... New 'Message Box' Established for Individual Notifications

[Asia Economy Reporter Kwangho Lee] A program has been developed that allows individuals to check their tax filing schedules, refunds, and notification details more easily and quickly.

The National Tax Service (NTS) announced on the 11th that it has launched the 'My Tax Notifier' service, which enables taxpayers to know their monthly tax schedules simply by accessing Hometax, without having to worry about complex tax schedules one by one.

For example, for businesses that applied for early refunds during the value-added tax preliminary filing in April this year, the service informs them that the refund will be paid by May 12. For the comprehensive income tax filing in May, it notifies rental income earners with annual housing rental income of 20 million KRW or less to choose between comprehensive taxation and separate taxation when filing their comprehensive income tax.

In particular, taxpayers in special disaster areas who are struggling due to the novel coronavirus disease (COVID-19) are individually informed that they can file their comprehensive income tax by the end of June.

The NTS also provides a 'Mr./Ms. ○○○'s Tax Calendar' that allows users to view the monthly tax information notified by My Tax Notifier at a glance in a calendar format.

Additionally, a 'Message Box' has been established so that taxpayers can receive necessary individual guidance from tax office staff.

Previously, there were cases where taxpayers missed important notifications or failed to submit documents on time due to changes in contact information. Now, if tax office staff send individual notices to taxpayers via messages, taxpayers can check them and reply if necessary.

By providing personalized tax information in this way, the NTS expects that taxpayers will be able to keep up with tax filing schedules on time and reduce disadvantages caused by delayed filings.

For instance, Mr. Kim, who runs a pharmacy, was required to report a business account within six months of starting his business as a double-entry bookkeeping obligor but missed the account report due to lack of notification and was subject to additional tax during the comprehensive income tax filing.

Also, Ms. Lee, an assistant teacher at a daycare center, was unaware that she was eligible to apply for the Earned Income Tax Credit but was able to apply on time after checking the Hometax Tax Notifier.

Park Chan-wook, the NTS Information Technology Division 2 Officer, said, "Since April, we have improved accessibility to Hometax (PC environment) by enabling login via fingerprint. In the future, we will strive to make Hometax more convenient by providing the Tax Calendar on mobile Hometax as well."

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