Housing Allowance
Is Housing allowance taxable income? Even if an employer didn't pay it added on a monthly salary? If your employer pay it added on your...
Tax Deductions for salary income
Today, I’d like to give you an overview of personal tax deductions in Korea. The eligibility criteria for personal deductions for Korean...
Non-taxable Income
When you hire a full-time staff member in Korea, be they a “contract” employee (계약직) or a “regular” employee (정규직), you have to provide...
Car Allowance
I’d like to let you guys know about the non-taxable income salaries for employees, have you ever heard about it? I’m not talking about...
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...
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...
