Innovate and Save!
April 1 is the day after Easter for Christians and April Fool’s Day for Koreans. For corporations, however, it’s the day after the due...
Saving Your VAT
I’d like to introduce how we can save your VAT through your credit/debit card, it looks like a bit complicated to register your credit...
Year-end Settlement of Salaried Income
15mio. class A income tax payers are preparing their year-end tax settlement for 2012FY according to the NTS bulletin. We call it the...
Accountant in Korea
In the United States, people can prepare tax returns without the need of a license. In which case an EA (Enrolled Agent) and a CPA...
Individual Income Tax
Many expats have recently come to me with questions about the Individual Income Tax as they prepared their Year-end Settlement documents...
Filing an Income Tax Return
Around eight million sole proprietors are preparing the Global Income Tax Return in May. Are you? A lot of expats who are working in a...
Non-taxable Incomes in Korea
Many multinational companies in Korea do not include their payroll schedule in non-taxable income based on Korean tax laws. These...
5 Things to Check When Filing Taxes in Korea
1. Are you salaried as a regular employee? You don’t need to file taxes if you’re hired by an employer as a regular employee (정규직, i. e.,...
Want to Save the VAT? Drive a Right Car
If you run a business in Korea, then you already know that the 25th of April marks the due date for your Q1 VAT payment. What many of you...
Individual Income Tax in Korea
Over the years, I have gotten a lot of questions about Individual income tax; most frequently, expats ask about the year-end settlement...
