Tax

Why is tax collected?

The central government handles matters of national importance such as diplomacy, law enforcement, national defense, industry, economy, etc., while local governments such as the Seoul Metropolitan Government (SMG) or the 25 autonomous district offices in Seoul handle such things as local economy, welfare, education, health/hygiene, water supply, sewage, fire prevention for locals. National and local taxes are collected to provide funds required to provide such as the above.

Taxes to be paid in each month

Taxes to be paid in each month
month Paid to the SMG Paid to the autonomous district office
Jan

- Annual vehicle tax (lump-sum payment) (by the end of the month)

- Local education tax included in vehicle tax

Vehicle registration/license tax (by the end of the month)
Mar

- Annual vehicle tax (lump-sum or partial payment) (by the end of the month)

- Local education tax included in vehicle tax

 
Apr - Income tax return payment by businesses settling their account at the end of the preceding year (by the end of the month)  
May - Individuals' income tax return payment (along with income tax)  
Jun

- Annual vehicle tax (lump-sum or partial payment) (by the end of the month)

- Local education tax included in vehicle tax (by the end of the month)

 
Jul

- Resident tax (based on property) return payment (by the end of the month)

- Property tax for those in urban areas [related to housing (half) and building]; local education tax (by the end of the month)

- Local resources/facilities tax [related to housing (half) and building]

Property tax [related to housing (half) and building](by the end of the month)

※ Property tax related to housing coming to 100,000 won or less to be paid in full in July

Aug Resident tax (by the end of the month)  
Sep

- Property tax for those in urban areas [related to housing (half) and land]; local education tax (by the end of the month)

- Local resources/facilities tax [related to house (half)]

- Annual vehicle tax (lump-sum or partial payment) (by the end of the month)

- Local education tax included in vehicle tax

Property tax [related to housing (half) and land]
(by the end of the month)
Dec

- Vehicle tax (partial payment) (by the end of the month)

- Local education tax included in vehicle tax (by the end of the month)

※ Comprehensive real estate tax return payment (by the 15th)
Every month

- Local income tax (special portion): by the 10th

- Resident tax (concerning employees): by the 10th

- Leisure tax: by the 10th

- Local resources/facilities tax: by the end of the month

- Tobacco consumption tax: by the end of the month

- Vehicle tax (motor fuel tax): by the end of the month

 
From time to time

- Unpaid portion of tax return payment

- Second-hand vehicle tax

Registration/license tax

Unpaid portion of tax return payment