Jeongeup City in Jeonbuk announced on the 4th that it is accepting applications for the annual automobile tax prepayment discount until the 31st.


The automobile tax prepayment system offers a 4.57% discount on the annual tax amount if the automobile tax, which is usually paid in June and December each year, is paid in full in January.

Jeongeup City, Pay Your Car Tax Annually and Receive a 4.6% Discount. <br>[Photo by Jeongeup City]

Jeongeup City, Pay Your Car Tax Annually and Receive a 4.6% Discount.
[Photo by Jeongeup City]

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Applications for prepayment are also accepted in January, March, June, and September each year, but the discount rate decreases from a maximum of 4.57% to 1.26% depending on the application period, so paying in January provides the greatest benefit.


Applications can be made by phone or in person at the Eup, Myeon, or Dong administrative welfare centers or the tax department.


Starting from the 16th, applications can also be submitted through the Wetax website or the Smart Wetax app.


If the vehicle ownership is transferred or the vehicle is scrapped after the automobile tax prepayment, a refund for the tax corresponding to the remaining period can be received.


There is no need to pay the automobile tax again even if the address is moved to another city or county.


A city official said, “Prepaying the automobile tax is a good opportunity to receive a tax reduction,” and added, “We hope many citizens apply for prepayment to enjoy tax benefits and prevent various disadvantages caused by automobile tax delinquency in advance.”



Jeongeup = Kim Jaegil, Honam Reporting Headquarters, Asia Economy baekok@asiae.co.kr


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

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