Songpa-gu Offers 10% Discount for January Car Tax Prepayment

Pay by January 31 to receive a 10% tax discount benefit

[Asia Economy Reporter Jong-il Park] Songpa-gu (Mayor Park Seong-su) operates an annual prepayment system where if the 2021 automobile tax annual amount is paid in advance in January, a 10% deduction on the tax amount after the deadline can be received.

Automobile tax is normally divided into half for one year and paid regularly in June and December respectively.

Under the annual prepayment system, if the automobile tax is paid all at once in January in advance, a 10% discount on the tax amount after the payment deadline can be received.

This is a useful system where local governments secure sound finances and residents can benefit from tax savings.

Annual prepayment is possible until January 31, and for about 100,000 people who prepaid automobile tax last year, an annual prepayment bill with a 10% tax deduction will be sent collectively on the 12th without a separate application. However, newly purchased vehicles that did not apply for annual prepayment in 2020 must apply separately.

Annual prepayment is optional, and even if payment is not made after application, there is no disadvantage due to non-payment, and the regular amount will be normally charged in June and December later.

Also, even if you move to another area after annual prepayment, there is no need to refund and repay the automobile tax for that year, and if you transfer the vehicle to another person or scrap it, you can receive a refund calculated on a pro-rata basis for the remaining period.

Those who wish to prepay annually can apply by phone to the Tax Division 2 of Songpa-gu Office or report and pay on the Seoul tax payment site.

In addition, payment can be made through financial institutions, cash dispensers (CD/ATM), account transfer, or ARS phone.

Payment can also be made through the Seoul Metropolitan Government local tax payment system or the smartphone application 'Seoul Tax Payment (STAX)'. Automobile tax for others can also be paid by checking the electronic payment number and using a bankbook, cash card, or credit card.

For other inquiries about automobile tax, contact the Automobile Tax Team of Tax Division 2 at Songpa-gu Office.

Park Seong-su, Mayor of Songpa-gu, said, “The automobile tax annual prepayment system is a convenient tax-saving method,” and “I hope many residents will use it.”

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