Guro-gu Issues 16 Billion Won Worth of Guro Love Gift Certificates for Chuseok... Four Times More Than Lunar New Year

30 Billion KRW Increase Compared to Last Year's Chuseok, 5% Discount Rate, 30% Income Deduction Benefits
Issued Twice on the 4th and 11th... Second Issuance Fully Funded

Guro-gu (District Mayor Moon Heon-il) will issue Guro Love Gift Certificates worth 16 billion KRW to celebrate Chuseok.

This measure aims to reduce the financial burden on residents and boost sales for small business owners and self-employed individuals. The amount is four times larger than last Lunar New Year and 3 billion KRW more than last year's Chuseok.

The district will issue a total of 16 billion KRW in Guro Love Gift Certificates in two installments: 8 billion KRW at 2 PM on September 4 and 8 billion KRW at 2 PM on September 11.

Unlike the first issuance, which is funded jointly by city and district budgets, the second issuance of 8 billion KRW on the 11th will be fully funded by the district budget.

The gift certificates issued this time can be used at 9,525 Seoul Pay affiliated stores within Guro-gu and can be purchased at a 5% discount off the face value. Additionally, 30% of the amount spent can be deducted from income tax during year-end tax settlement.

Individuals can purchase up to 500,000 KRW in units of 10,000 KRW, with a holding limit of 1.5 million KRW per person. The purchase and holding limits apply cumulatively across both the first and second issuances.

The Guro Love Gift Certificates can be purchased through the Seoul Pay Plus application.

Moon Heon-il, Mayor of Guro-gu, stated, “Since the main usage of the Guro Love Gift Certificates is closely related to daily life, we expect it to provide practical help to both small business owners and local residents. We hope everyone has a richer Chuseok holiday by using the Guro Love Gift Certificates.”

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