Did you pay taxes for Housing benefits?
In the enchanting land of Korea, known as Tax-a-Lot, housing benefits once flourished freely, unregulated and unburdened by taxation....
A freelancer can join the Korean Social security program(4 major insurances)?
Employer reluctantly make an employment contract for a regular employee but a freelancer, is there any reason? There could be several...
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...
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...