Naju-si Imposes 5.6 Billion Won in Regular Automobile Tax

Naju City, Jeollanam-do (Mayor Yoon Byung-tae) announced on the 19th that it has imposed approximately 48,000 cases of the 2023 regular automobile tax (first installment), totaling 5.68 billion KRW, as of the 9th.

The payment period is until the 30th of this month, and the tax applies to vehicle owners registered in Naju City as of June 1, with taxation applied from January 1 to June 30.

Naju City Hall View
[Photo by Naju City]

Automobile tax is imposed in June and December, each time charging half of the annual amount. Vehicles with an annual tax amount of 100,000 KRW or less are charged in full in June.

Applications for annual prepayment of automobile tax (report and payment) are possible in January, March, June, and September.

The city collected a total of 20,927 cases and 5.6 billion KRW through prepayment applications in January and March.

Automobile tax payments can be made via virtual account deposit indicated on the tax notice, ARS card payment, credit/debit card using CD/ATM machines, or via Wetax (internet payment).

If payment is overdue, an additional 3% surcharge on the principal tax will be imposed. Subsequently, measures such as vehicle license plate seizure and seizure of assets will be taken.

A city official stated, “Automobile tax is a necessary resource to improve the quality of life for citizens, so please make sure to pay within the designated period,” and added, “Separate from the regular installment, applications for annual prepayment of the second half automobile tax are possible in June.”

For more details, contact the Eup/Myeon/Dong Administrative Welfare Center or the Property Tax Team of the City Hall Tax Department.

Naju = Asia Economy Honam Reporting Headquarters, Reporter Kim Yuk-bong baekok@asiae.co.kr

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