Exterior view of Gwangju Chamber of Commerce and Industry.

Exterior view of Gwangju Chamber of Commerce and Industry.

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The Gwangju Chamber of Commerce and Industry announced on May 29 that it will hold the 'June Practical Training Courses' for member companies on three occasions: June 4, June 23, and June 30.


This training will not only include lectures on the procedures and key points of value-added tax (VAT) filing prior to the final VAT return, but will also cover education on responding to recent changes in labor laws and on regulations for managing documentation of major expenditures. It is expected to provide an opportunity for staff in HR, tax, and accounting departments to enhance their practical skills.


The training course to be held on June 4 is a 'VAT Practical Lecture' designed for tax and accounting personnel. The lecture will be divided into sections covering topics necessary for VAT filing, including: key points of the revised Value-Added Tax Act for 2025; tax base and tax amount (such as allocation calculation of tax base and non-deductible input tax); and important considerations when filing. The instructor is Kim Wootaek, a certified public accountant and director at Jinseong Accounting Corporation.


The HR and labor lecture scheduled for June 23 will be led by Cho Hyunsil, senior labor attorney at Korea Labor Corporation. The four-hour session will focus on the basics of labor law, methods for calculating and managing wages, and management strategies in the event of industrial accidents.


On June 30, a lecture on practical management of expenditure documentation will be held. Oh Jongwon, a certified public accountant and expert in inheritance and gift tax-saving strategies for VIP clients at financial institutions, will give a four-hour lecture covering topics such as management of documentation for general expenses and explanations of withholding tax cases.


An official from the Gwangju Chamber of Commerce and Industry stated, "With the final VAT return for the first period approaching, we hope this will be an opportunity for practical staff to review key points. We also expect that a thorough understanding of the basics of labor law and regulations for managing expenditure documentation will be helpful in their work."





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