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FAQ

How taxable income is calculated for a wage and salary income earner?

  • Poster 운영자
  • Date2020.11.11.
  • Read147

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).

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)
Wages and Salary incomeDeductions
Less than ₩5,000,000
Total amount
₩5,000,000 ~ ₩15,000,000
₩5,000,000 + 50% of the amount over ₩5,000,000
₩15,000,000 ~ ₩30,000,000
₩10,000,000 + 15% of the amount over ₩15,000,000
₩30,000,000 ~ ₩45,000,000
₩12,250,000 + 10% of the amount over ₩30,000,000
Over ₩45,000,000
₩13,750,000 + 5% of the amount over ₩45,000,000


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