Seoul City "Pay the 2nd Term Vehicle Tax by the 31st"... Applicable to 1.44 Million Vehicles

[Asia Economy Reporter Lim Cheol-young] The Seoul Metropolitan Government announced on the 13th that it has simultaneously sent the 2nd installment automobile tax bills for 2021 to 1.44 million registered vehicles.

Automobile tax is imposed twice a year in June and December on the owners as of the tax base date. The 2nd installment automobile tax imposed this time amounts to 195 billion KRW. The payment notices are scheduled to be mailed to the registered addresses by the 16th, and those who have applied for automatic payment will receive an automatic payment guide.

For those who applied for electronic notification (email, app notification, financial app, etc.), the electronic notice will be sent to the registered email address or smartphone instead of a paper notice, and the payment deadline is until the 31st. If the payment deadline is missed, an additional 3% surcharge will be charged.

Additionally, Seoul has displayed a 'voice conversion barcode' on all payment notices to enhance information accessibility and payment convenience for the visually impaired, those with low vision, and multicultural families. By scanning the voice conversion barcode on the payment notice with a dedicated smartphone app or a printed material voice output device, taxpayers can receive voice guidance regarding the tax notice. The smartphone app also offers a function to translate into selected languages, which is useful for multicultural families.

Moreover, Seoul sent foreign language payment notices along with automobile tax bills to about 22,000 foreign taxpayers to facilitate payment convenience. The payment notices were enclosed translated into six languages including Chinese, English, Mongolian, Japanese, French, and German, providing automobile tax payment information and convenience equally to both domestic and foreign taxpayers.

The automobile tax received this time can be paid through Seoul ETAX, Seoul STAX, simple payment apps, QR codes on paper notices, dedicated accounts, bank cash withdrawals, or unmanned payment machines.

Meanwhile, Seoul actively encourages applying for local tax electronic notification to reduce the risk of COVID-19 infection through non-face-to-face electronic delivery and to consider the environment.

Lee Byung-han, Director of the Seoul Metropolitan Government’s Finance Bureau, said, “Due to busy daily life at the end and beginning of the year, please make sure to pay within the deadline to avoid disadvantages such as a 3% surcharge and automobile seizure due to delinquency.”

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