84,030 Households in Paldal-gu, Suwon Face August Residents Tax of 12,500 Won

Residents tax bills for August have been sent to 84,030 households in Paldal-gu, Suwon.

The district is urging residents to pay by the deadline, as even one day late incurs a delinquency surcharge.

According to Paldal-gu District Office on the 7th, the district has completed sending tax bills for the August regular residents tax payment period for both individual and business premises categories.

The scope of this regular assessment comprises 84,030 individual cases totaling 1 billion won and 12,742 business premises cases totaling 1.2 billion won.

Individual households with a registered address in Paldal-gu as of the 1st of last month, the taxable base date, are assessed 12,500 won. The payment period is from the 16th through the 31st of this month. Foreign nationals with one year or more of foreign registration under the Immigration Control Act are also subject to tax obligations. However, recipients of basic living assistance and minors who are sole household heads under civil law are exempt.

Business premises tax is paid by individual and corporate business operators with business locations in Paldal-gu as of the 1st of last month. The tax amount ranges from a base of 62,500 won to 250,000 won, and if the total floor area of the business premises exceeds 330 square meters, an additional 250 won per square meter is applied to the excess. Reporting and payment must be completed by the 31st.

Payment can be made at financial institution ATMs/CDs nationwide, virtual accounts, ARS (142211), Wetax, Smart Notice app, or local tax account deposits.

Kim Yong-sik, head of the Taxation Division at Paldal-gu District Office, stated, "Residents tax is a valuable resource for community development and improving residents' welfare, so we urge you to pay by the deadline of August 31st." He added, "Delinquency surcharges may be imposed if payment is made after the deadline."