Jangan-gu Regular Property Tax Assessment for September 2013 Payment

Jangan-gu (District Chief Hong Sung-gwan) has assessed regular property taxes for 2013 (residential and land portions) on 69,247 cases totaling 20.04 billion won.

Property tax taxpayers are owners of residential properties and land as of the tax base date (June 1 each year). Residential property taxes are assessed on buildings used for residential purposes and their appurtenant land. When the property tax amount is 100,000 won or less, the full amount is assessed in July; when the amount exceeds this, 50% is assessed in both July and September.

Notably, this year, with the move-in of 4,400 new apartment units including SK View in Jeongja-dong, land assessment portions have been reclassified as residential properties. Consequently, the land portion of property taxes decreased by 590 million won (5.9%) compared to the previous year.

Property tax bills will be sent by mail. For taxpayer convenience, property taxes can be paid without visiting financial institutions directly through virtual account payments, internet payments (www.giro.or.kr or www.wetax.go.kr), credit card payments, and various other convenient methods including smartphone-based smart bills (APP). Active promotion of these diverse payment options is underway.

A property tax official from Jangan-gu Tax Division urged taxpayers to "pay before the payment deadline, as financial institution counters become congested on the final payment date and internet payment systems experience access overloads, causing inconvenience."