Yangju City Levies 16.9 Billion Won in Regular Property Tax for July 2017

Yangju City has levied a total of 77,171 cases worth 16.9 billion won in regular property tax for July 2017 (comprising 11.8 billion won in property tax, 1.4 billion won in local education tax, and 3.7 billion won in regional resource facility tax), marking an increase of 1.04 billion won (6.5%) compared to last year.

The property tax assessment levied this time covers half of residential property and all building property for owners as of June 1, with the payment deadline set for July 31. Land-based property tax will be assessed in September.

Property tax can be paid at financial institutions nationwide via cash dispensers (CD/ATM) using credit cards or bankbooks without a tax bill, and payment is also conveniently available from home or workplace through Wetax (www.wetax.go.kr), internet giro (www.giro.or.kr), ARS phone service (080-797-8300), and virtual accounts. Mobile payment services are also available through the 'Smart Wetax' smartphone app for inquiry and payment.

The city plans to strengthen publicity through various media including the city website, electronic display boards, SMS, and banners to ensure residents are aware of the assessment details by the payment deadline.

A city official stated, "A surcharge of 3% will be imposed if payment is overdue, and especially on July 31, the final payment deadline, financial institutions are expected to be crowded and internet payment systems may experience heavy traffic, causing inconvenience to taxpayers. We urge everyone to pay in advance before the deadline."