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FAQ

What is the tax credit for my wage and salary income?

  • Poster 운영자
  • Date2020.11.11.
  • Read103

The following amount shall be credited against your income tax on wage and salary income. Where the amount of credit exceeds ₩500,000, the credit is limited to ₩500,000.


The taxable income is the total amount of wage and salary income remaining after the deduction of the following amount (₩80,000 per day for a daily worker)

Tax Amount

Amount of Tax Credit



Up to ₩500,000



55% of total tax



More than ₩500,000



₩275,000 + 30% of amount over ₩500,000





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