Naju-si Imposes and Notifies 18.7 Billion Won in September Regular Property Tax

[Naju=Asia Economy Honam Reporting Headquarters Reporter Lee Han-hyuk] On the 15th, Naju City in Jeollanam-do announced that it has imposed and notified a total of 81,185 cases of regular September property tax amounting to 18.7 billion KRW on land and housing owners.

Due to factors such as the rise in individually announced land prices and apartment prices, as well as the completion and occupancy of new apartments, the amount increased by 920 million KRW compared to the previous year.

For land, 72,067 cases amounting to 16.27 billion KRW, and for housing, 9,118 cases for the second installment amounting to 2.43 billion KRW must be paid by the 5th of next month.

The regular September property tax is imposed on land and housing owners as of the tax base date, June 1, regardless of the ownership period.

However, if the property tax on housing is 200,000 KRW or less, it is fully imposed in July, but if it exceeds 200,000 KRW, it is split and imposed half each in July and this month.

Property tax can be paid at financial institutions nationwide, and at financial institution deposit/withdrawal machines (CD/ATM), payment can be made with the taxpayer’s bankbook or credit card without a bill.

It can also be paid using Witax, Internet Giro site, virtual account deposit, ARS, simple payment service, Smart Bill app, and others.

The bill is sent to the taxpayer’s registered residential address.

Citizens who applied for electronic billing receive it via email, and those who applied for automatic transfer should check their bankbook balance at the end of the payment period.

A city official said, “Property tax is a representative local tax item used for regional development, and if unpaid by the deadline, additional payment amounts such as a 3% surcharge will occur. We ask for payment by the 5th of next month.”

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