Naju-si, 'Resident Tax Individual and Business Portion' Reporting and Payment by the 31st

Published 11 Aug.2021 10:10(KST)

[Naju=Asia Economy Honam Reporting Headquarters Reporter Lee Han-hyuk] Naju City, Jeollanam-do (Mayor Kang In-gyu) announced on the 11th that it has greatly simplified the types of resident tax by consolidating them into three categories: individual, business place, and employee, and unified the payment deadline to August for taxpayer convenience.

Through this, the existing resident tax (property portion) that business owners reported and paid last month and the resident tax (equal portion) that was imposed and notified this month have been integrated and reorganized into the business place portion, and the collection method has also been changed to reporting and payment.

The resident tax business place portion is determined based on the business place and total floor area.

The amount is the sum of the basic tax amount (50,000 to 200,000 KRW) and the floor area tax rate (250 KRW/㎡ for areas exceeding 330㎡), and must be reported and paid by the 31st of this month.

The city plans to send payment slips with the calculated tax amount for taxpayer convenience, and if payment is made within the deadline, it will be recognized as reported without separate reporting.

Additionally, the resident tax (individual portion) paid this month by individuals (household heads) residing in the city as of the 1st of last month has only had the tax item name changed from the existing individual equal portion of resident tax.

The payment period is from the 16th to the 31st of this month, and payment methods include all financial institutions nationwide, virtual accounts, Wetax, and the Smart Notification app.

Even without a tax notice, payment details can be checked at financial institution ATMs (Automated Teller Machines) and payment can be made using a cash card (bankbook) or credit card.

For more details, contact the Tax Department of Naju City.