Korean Tax Blog

Employer reluctantly make an employment contract for a regular employee but a freelancer, is there any reason? There could be several...

A freelancer workers can apply for National pension deductions when calculating their income tax. The National Pension system in Korea is...

NTS(National Tax Services) expecting around 7.3mil. taxpayers are filing the above income tax return by the 31st of May for 2018FY...

I think minimum wage hit our labour market very negatively last year and will more negatively effect this year especially in a small and...

According to the Korean standard labor law, an employer need to pay the retirement allowance to an employee(free lancer, independent...

I Have a lot of questions from E-2 VISA holder for this question, even having a less income than the 1st year in Korea and get a higher...

According to the Korean standard labor law, all of employer should pay the Retirement allowance(=severance payment, retirement fund) to...

Recently a court recognized English teacher(E-2 Visa Holder) at a private Hagwon as employees entitled to retirement allowance, rejecting...

Up until the end of 2012, some employers with fewer than 5 employees were able to pay just 50% of the standard severance payment....