Apply for the work incentive for the second half of last year by the 15th!
Incentives are provided to self-employed or worker households who have a low income and difficulty living.
If you are a worker with earned income from July to December 2020, make sure to apply within the period!
- Subject to application: Households with earned income in the second half of 2020
- Application period: March 1st to 15th, and will be paid at the end of June
* Households who fail to apply by March 15 apply during the regular application period of May
- Application method: Simply apply by ARS phone, hand-tax, and home-tax.
* Tax office application window is not operated
- Telephone counseling: Incentive counseling center (☎1566-3636) National Tax Service center (☎126) and competent tax office
◆ Key Question and Answer Cases
Q1. How do I apply for the incentive?
You can apply by selecting one of the application methods below.
* 20 years selection rate: £ ARS 53.2% £ Hand Tax 22.5% £ Home Tax 14.5% £ Application Help Service 9.8%
£ Automatic response call: 1544-9944 and apply according to voice guidance
£Sontax: Download "Sontax App" to your smartphone and apply for it
£ HomeTax: Access the Internet (www.hometax.go.kr) and apply
£Application help service: 65 years of age or older, persons with disabilities, etc. call the incentive counseling center (1566-3636) or the tax office to request an application.
Q2. It's hard to apply because I'm in my 70s, is there any way?
Applications for persons aged 65 or older, persons with disabilities, etc. may be made using the "Application Help Service".
- You can call the incentive counseling center (1566-3636) or the tax office to request.
Q3. Both my father and I met the application requirements, why did we send the application information only to my father?
Incentives are paid per household, and only one person is paid to one household.
- If two or more people meet the application requirements, follow the following order:
1. Person determined by mutual agreement between residents
2. A person with a large total salary, etc.
3. A person who has a large amount of work incentives during the taxable period of income tax.
Q4. I didn't get the application information, so where can I check if it's for the application information?
You can check it at Sontax and HomeTax. You can check it by calling the incentive center (1566-3636) or the tax office incentive manager.
Q5. I didn't receive the application information, but how can I apply for it when I meet the application requirements?
· Log in to HomeTax (www.hometax.go.kr) on your PC and apply according to the path below.
- Application for submission → Labor incentives and child incentives → Semi-annual work incentives → General application (if the application notice is not received)
· In some cases, the employer who pays the earned income does not submit the daily wage statement or the payment statement between earned income, and the employee is omitted from the incentive application guidance list.
- In this case, workers can apply for incentives by attaching evidence of income (such as a copy of their salary bankbook).
Q6. I applied for a work incentive for the first half of 2020 in September last year, is it subject to application for the second half of this year?
No, if you applied for the first half of the year, you don't have to apply again because you think you applied for the second half of the year.
In addition, households that applied for the first half or second half of the year do not need to reapply for the child benefit in May this year because they believe that they have applied for the child benefit.
Q7. Why does half-yearly pay only 35% of the incentive calculation?
· If the total annual income or property value of the couple changes on the settlement date after the semi-annual payment, the incentive to be paid over the next five years may be recovered.
- In order to reduce this recovery, 35% of the calculated amount is paid.
* 35% (first half), 35% (second half), and additional payment or recovery (at settlement)
· In addition, if the payment for the second half of the year is less than 150,000 won or the expected annual work incentive is less than the payment for the first and second half of the year, it will not be paid at the end of June this year and will be paid at the settlement in September.
Q8. What disadvantages do I get if I falsely apply?
If an application is made differently from the facts due to intentional or grave negligence, the employment incentive shall not be paid (refunded) for two years from the year it is confirmed.
* Where an application is filed differently from the facts due to fraud or other misconduct, it shall be applied for five years;
[Source] South Korea policy briefing (www. Korea).kr)