If you are a foreigner working for a Korean company, it's likely the season for 'Year-end tax settlement.' During this time, the company may require you to obtain a 'PDF' file from Hometax.
1)What's the PDF file for?
The PDF (간소화자료) file contains almost everything you need to optimize your tax deductions or increase your tax refund amounts. By reviewing it, you can find details on various deductible expenses such as credit card usage, medical expenses, education expenses, savings, donations, and more. Each deduction category has its own conditions to meet for eligibility.
2)How can I get them?
Please follow below screen capute guide below!
1.Search Hometax
2.You can fund the Korean words '국세청 홈택스'
3. After entering the website, you will encounter the screen below. Please note that it's a temporary tab, and usually, it's not presented like this. Due to the season for year-end tax settlement and other tax filings, they have separated the entrance. If you can choose '연말정산 간소화,' you can directly access the year--end tax settlement tab. However, since they don't provide this screen always, let's try typical way how to get the file . Click on '홈택스' (red box)."
4. Simply move your mouse cursor to '장려금, 연말정산, 전자기부금' and click -> '연말정산 간소화' -> '근로자 소득, 세액공제 자료조회.'
5. Next, you will encounter the login screen below. For foreigners, this can be the most challenging part because it typically requires a '공동인증서 (digital certificate).' However, nowadays, there are other options available for logging in. If you have a digital certificate, simply log in. If you don't have one, click on '간편인증 (simple authentication).'"
"5-1. If you click on '간편인증,' you will find other options to log in. Click on one of them and enter your name, date of birth, and phone number, you can log in after the verification process.
6.If you have reached this point, it's almost done. Please refer to the below screen.
If you click on each magnifier, it will display the amounts you paid and the vendors. If you don't want to include some parts in your PDF file, you can skip certain magnifiers
7.After clicking on all the magnifers you want to include in your PDF file, click on '한번에 내려받기' to downloads it.
8.Clcik '내려받기' to download it.
If you prefer, you can set a password for the PDF file. However, if you set a password, you need to provide the password, as it's necessary for your year-end tax settlement.
It's done! send the PDF file to your company or your tax accountant. I hope you receive a tax refund!
you can contact me through the information in the name card.
Or Please fill in the below form
Thank you for read my article! I hope it helps.
If you want to see more information about Korea tax and accounting, please follow us.
And if you need help for your tax filing or accountung or looking for CPA in Korea, don't hesitate to contace us
G-tax / Certified Tax Accountant / Steven Yang
+82 10 9599 7152
steven@g-tax.kr