Gwangju Buk-gu, Car Tax Prepayment Accepted Until Next Month 1st

9.15% Annual Amount Discount When Applying

[Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong] Buk-gu, Gwangju Metropolitan City (District Mayor Moon In) announced on the 7th that it will accept applications for the annual prepayment discount on 2021 automobile tax until the 1st of next month.

The 'Automobile Tax Annual Prepayment System' allows taxpayers to pay the annual tax in advance. Until last year, a 10% discount on the annual amount was given, but due to the revision of the Local Tax Act, from this year the discount rate is 9.15%.

Applications for annual prepayment can be made by phone or visit to the Taxation Division 2 of Buk-gu Office, or through the Wetax system. Payment can be made directly at financial institutions after receiving the bill, or via virtual account, credit card, Wetax, or mobile (Smart Wetax app).

For vehicles that made annual prepayment last year, payment bills will be sent without a separate application.

If vehicle ownership changes after the annual prepayment, submitting a consent form for the succession of the annual prepayment at the time of ownership transfer registration is required. If not separately applied for, refunds will be made based on the date of transfer or vehicle cancellation.

Mayor Moon In of Buk-gu Office said, “I hope many residents can benefit from tax savings through the annual prepayment system during these difficult times.”

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