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#Employment incentives #qualifications for application #qualification confirmation #how to apply for employment incentives
The regular application for work incentives started this month. However, there must be many young people who just skipped it for various reasons, such as not knowing what it was, not knowing if I could get it, or fearing that the application process would be complicated. But don’t worry! Both checking eligibility and applying are really simple.
From now on, Chungjung will tell you for sure, so please follow me.
Labor subsidy is a government subsidy paid to workers and businesses (excluding professional workers) who work hard but have low income and are struggling to live. The amount of the subsidy is calculated according to the composition of household members and the total amount of wages. Depending on income, single-income households can receive up to 1.5 million won, single-income households up to 2.6 million won, and double-income households can receive up to 3 million won in labor incentives.
If you enter simple information at the National Tax Service Home Tax, you can immediately check the amount of incentives you will receive. Cheongjeongi immediately attached the link to the mock calculator for the labor incentive, so young people who want to check it click the ‘Calculate’ button in the link below!
▼ Calculate work subsidy ▼
Go to main text Go to main menu Go to submenu National Tax Service Visitor Information and Home my NTS Utility Menu Login Membership Authentication Center National Tax Service Homepage National Tax Consultation Center Legal Information Department User Sign Up Screen Size Reduce Screen 100% Enlarge Screen Search Full Menu Main Menu Inquiry/Issuance Application/submission of complaint certification Report/Payment Consultation/Information Tax agency/tax management Submenu Labor/Child subsidy Frequently searched keywords Terms of use Privacy policy Hometax information Tax office information Integrated installation program Reference room Notice Frequently asked questions Customer center Tax Office 8-14 National Tax Office, Sejong Special Self-Governing City
www.hometax.go.kr
Employment incentives can be applied for if all of the following requirements are met among households with earned income, religious income, or business income.
● Gross Income
The combined annual gross income of married couples in 2020 is less than the total income standard amount set according to the composition of household members
※ Total income = business income + earned income + religious income + other income + interest/dividend/pension income
● Property
As of June 1, 2020, the total amount of property owned by all household members is less than KRW 200 million
● Applicants excluded
You cannot apply for work incentives if any of the following apply:
-Those who do not hold Korean nationality as of December 31, 2020
(Excluding those who are married to a person with Korean nationality and have dependent children of Korean nationality)
– A person who is a dependent child of another resident in 2020
– A person whose resident (including spouse) is running a professional business
Also, please note that semi-annual applicants for the employment incentives are not subject to regular application in May.
Pay attention to both the young people who received the application guide text and the young people who did not receive it! For young people who are confused about whether they are eligible to apply, we will now inform you of a clear and simple way to check your eligibility.
The application process is also simple. If you are a young man who meets the qualifications, you can choose the method that is convenient for you among the methods below. Please note that the application method differs depending on whether or not you receive a notification letter!
1. If you receive an application guide text message
● Let’s apply with just one phone call. How to apply for ARS
● I want to see it with my own eyes! How to apply for Sontax (mobile app)
● I’m comfortable with PC! How to apply for the Home Tax website of the National Tax Service
2. If you do not receive the application information text message
If you did not receive a text message, but you are a young man who meets the qualifications, you can apply on the Home Tax PC website of the National Tax Service.
Applications close on May 31st. The labor incentive will be paid right in mid-September after the screening, so I hope many young people don’t pass by and apply!
▼National Tax Service Home Tax Website▼
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www.hometax.go.kr
Source of the original text: Youth Policy Manual Blog
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