Suwon to Levy 78.4 Billion Won in Property Tax in July

Suwon announced on the 11th that it has levied 78.4 billion won in regular property tax for 351,950 cases in July and has sent out tax bills.

This represents a 7.9 billion won increase compared to last year, with the main cause attributed to the completion of apartment complexes in Homaesildongy and Gwanggyo District, which increased by 22,000 households since June 1 of last year.

The regular property tax levied this time consists of one half of the residential property tax and non-residential building tax, and applies to those who own residential properties and buildings as of June 1, the assessment date. The payment deadline is July 31.

The remaining half of the residential property tax and land property tax will be levied in September. However, in the case of residential property tax, if the calculated tax amount is 50,000 won or less, it will all be levied in July.

In particular, the city granted tax reduction of 540 million won for 6,176 cases of Kwonseon Modern I-Park and Gwanggyo District Chamluri Apartments, which have been certified as eco-friendly housing in this July property tax levy. Eco-friendly housing will receive tax reductions on property tax ranging from 3% to a maximum of 15% over five years depending on certification level and energy efficiency rating.

The city provides a 'Local Tax ARS Payment System' service that allows property tax to be paid conveniently by making a single phone call using a landline or mobile phone.

The 24/7 payment system allows taxpayers to call (031-228-3651) from anywhere at any time, and after going through identity verification, they can receive information on local tax details and virtual account numbers. Payment via virtual account transfer as well as credit card payment are possible.