Medium-sized Enterprises Also Receive Waste Disposal Charge Reduction, Departure Fee Exempted for Children Under 6 Years Old

Kim Wan-seop, Vice Minister of Strategy and Finance, is delivering opening remarks while presiding over the 'Levy Management Deliberation Committee' held at the Government Seoul Office in Jongno-gu, Seoul on the 9th.

The government will expand the scope of waste disposal fee reductions from small enterprises to medium-sized enterprises. The exemption age for departure fees will also be raised from the current 2 years old to 6 years old.

On the 9th, the Ministry of Economy and Finance held the 4th Fee Operation Deliberation Committee meeting chaired by Vice Minister Kim Wan-seop to review and approve key agenda items. Following the fee reduction targets and imposition criteria specified at the meeting, each ministry will begin the process of revising enforcement ordinances.

The government will expand the waste disposal fee reduction target, which currently applies only to small enterprises (annual sales under 12 billion KRW), to medium-sized enterprises (annual sales under 60 billion KRW). Until now, the government has imposed fees on incineration or landfill of recycled waste to promote waste recycling. With this measure, the number of companies eligible for reductions is expected to increase from about 6,300 to 8,900.

The exemption for departure fees will be expanded from 2 years old to under 6 years old. This will provide an exemption benefit of 10,000 KRW each to about 1 million people. The commission rate for collection consignment of departure fees has been lowered from 5.5% to 4.0%. This adjustment is the first since 2009. As a result, the collection consignment fees paid to airlines and airport corporations are expected to be reduced by about 6 billion KRW.

Until the end of next year, the area criteria for imposing development charges on developers in non-metropolitan areas will be temporarily increased to revitalize construction in small-scale development projects in non-metropolitan areas. The urban area threshold will increase from 660㎡ to 1,000㎡, other areas from 990㎡ to 1,500㎡, and non-urban areas from 1,650㎡ to 2,500㎡.

Meanwhile, this year’s fee operation evaluation will be conducted on 36 fees in the industrial, environmental, and cultural sectors, with plans to prepare institutional improvement measures by the first half of next year.

Vice Minister Kim stated, “We will continue efforts within the committee to move away from the traditional siloed operation of fees imposed by each ministry and align with recent economic and social changes and public expectations.”

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