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Year-end settlement starts on January 15th next year… Card and pension deductions increase

[앵커]

Year-end settlement, called the 13-month bonus, begins on the 15th of the following month with the opening of the simplified system.

It is the first year-end settlement after the disappearance of the accredited certificate, and it is analyzed that this year, the tax returned may increase due to the increased credit card deduction due to the Corona countermeasure.

This is reporter Jo Sung-mi.

[기자]

The difference between this year’s year-end settlement and other years is the deduction of income from credit cards, etc.

This is because the income deduction rate and limit were raised for card use in the first half of the year when the spread of Corona 19 began to stimulate consumption.

The amount used in March is applied up to twice the existing deduction rate, and 80% of the amount spent from April to July is deducted collectively, so that the amount of tax returned can increase from the previous year.

The pension account payment limit for workers 50 years of age or older who needs to be prepared for retirement has been raised from 4 million won to 6 million won for three years from this year. You can get a deduction.

Homeless workers with an earned income of 70 million won or less can receive an income deduction of 40% of their subscription savings payment this year, and profits obtained by small and medium-sized employees from purchasing a house or borrowing money from a company at low or no interest are excluded from earned income.

The salary for maternity leave paid by her husband is not taxed, and the reasons and periods for recognition of women with career breaks who receive income tax reduction have also been extended.

From this year onwards, the public certificate will be abolished, so you can access Hometax with various personal certificates developed by the private sector as well as existing public certificates that have not yet expired for year-end settlement.

In addition, from this year, the receipts for eyeglass purchases and data on medical insurance payments received by workers themselves are provided through a simplified system, so there is no need to take care of them separately.

This is Yonhap News TV.

Yonhap News TV article inquiries and reports: katok/line jebo23

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