Hampyeong-gun to Promote Reduction of Resident Tax and Other Fees for COVID-19 Damage Support

Full Exemption of Individual Resident Tax Imposed on Household Heads

[Hampyeong=Asia Economy Honam Reporting Headquarters Reporter Kim Chunsu] Hampyeong-gun, Jeollanam-do announced on the 11th that it will fully exempt the individual resident tax of 11,000 won imposed on each household head this year.

This measure was prepared to boost the morale of residents who are experiencing difficulties due to the continued decrease in tourists and contraction of consumption caused by the COVID-19 pandemic, and to reduce the tax burden.

The exemption target is household heads residing in Hampyeong-gun, and it will be processed ex officio without a separate application procedure.

The exemption scale is 14,000 cases of individual resident tax, amounting to about 154 million won, and it will be applied only once to the resident tax scheduled to be imposed in August. Property tax for good landlords will also be promoted at the same level as last year.

For Hampyeong residents who did not receive disaster relief funds, the resident tax exemption will help reduce their tax burden to some extent.

In addition, the county plans to save about 10 million won in collection costs through the exemption of individual resident tax and secure tax revenue by focusing on collecting large overdue amounts.

County Governor Lee Sang-ik said, “I hope this will be a small help to the local economy, which has been depressed due to COVID-19, and I will do my best to overcome difficulties with the residents and normalize the local economy in the future.”

Meanwhile, Hampyeong-gun is actively implementing tax administration measures such as extending local tax payment deadlines and deferring collection for taxpayers in the jurisdiction who are experiencing difficulties due to COVID-19.

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