Uiwang City Imposes 2025 Traffic-Induced Development Charges...Urges Payment by End of This Month

[Suwon Ilbo=Park Chan-hyuk Reporter] Uiwang City announced on the 15th that it has imposed traffic-induced development charges totaling 1,976 cases worth approximately 770 million won for 2025.

Traffic-induced development charges are imposed annually in October under Article 36 of the Urban Traffic Improvement Promotion Act, targeting facility owners with individually-owned floor area of 160㎡ or more within non-residential buildings with total floor area of 1,000㎡ or more. The charge amount is calculated based on the building's total floor area, use, and traffic-inducing coefficient.

The payment deadline for the imposed traffic-induced development charges is October 31st, and a surcharge of up to 3% will be added if the deadline is exceeded. Payment can be made through various methods including financial institution ATMs, virtual account transfers, Wetax (www.wetax.co.kr), and Internet Giro (www.giro.or.kr).

Additionally, in cases where a facility has not been used for 30 days or more, or where it qualifies for exemption due to business closure or suspension, facility owners can reduce their charges by submitting a non-use report and related supporting documents via fax or email as specified in the guidance letter previously sent to the charge recipients.

Mayor Kim Sung-je stated, "Traffic-induced development charges are an important financial resource for establishing sustainable traffic policies in Uiwang City, and we will continue to make efforts to create a pleasant and efficient traffic environment by utilizing these funds."