Guri City Offers 4.58% Discount on Vehicle Tax When Paid in January

[Suwon Ilbo=Eom In-yong Reporter] Guri City has sent out notices on January 12 for vehicle tax (including local education tax) annual payment to citizens who applied for annual payment, covering 20,972 cases and a total of 5.5 billion won.

The vehicle tax annual payment system is designed to provide a certain discount when taxpayers pay the vehicle tax, which is normally divided into two installments in June and December each year, all at once in advance.

While applications for annual payment are available not only in January but also in March, June, and September, paying in January allows a 4.58% discount on the total annual amount, providing the greatest tax savings effect.

The discount rates are 3.76% in March, 2.51% in June, and 1.25% in September.

New applications for annual payment can be submitted by February 2 via phone or in-person visit to the Tax Administration Division at Guri City Hall (☎031-550-2784), or through the We-Tax website (www.wetax.go.kr). However, if vehicle tax was paid on an annual basis in the previous year, the annual payment notice will be automatically sent this year without a separate application.

Meanwhile, vehicle tax annual payments can be made at all banks and post offices nationwide. Taxpayers can make convenient payments without visiting financial institutions by using ▲We-Tax (www.wetax.go.kr) or ▲Giro (www.giro.or.kr) ▲Local tax account transfers with no transfer fees ▲The convenient payment system (☎142211).

Kim Dae-beom, head of the City Tax Administration Division, stated, "If payment is not made within the deadline after applying for annual payment, the application is automatically cancelled and vehicle tax will be assessed again as regular installments in June and December. Additionally, when transferring ownership or scrapping the relevant vehicle after annual payment, taxpayers can receive a refund by calculating the vehicle tax based on the date after the transfer or scrapping date."