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Created date | 2024-04-25
2024
Work and child incentives
summary
🔎 Find out about work incentives and child incentives
Earned incentives of up to 3.3 million won per year are paid.
Child incentive: Up to 1 million won per year per dependent child
[Employment incentives]
Work incentives are for households with workers, business owners (excluding professionals) who work but have difficulty making a living due to low income.
Work incentives calculated based on household composition and earned income, business income, or religious income are paid in the form of a refund.
It is a work-related income support system to encourage low-income people to work and support real income.
[Child incentives]
Child incentives are paid in the form of tax refunds to low-income households based on their income and number of dependent children.
It is an income support system that encourages work and childbirth.
Would you like to find out about the 2024 regular application for this kind of work/child incentive?
Work and child incentives
Application subject, method, period, etc.
[Application qualifications]
As a resident with earned income, business income, or religious income in 2023
Those who meet the income and property requirements
Income Requirements
Less than 22 million won to 38 million won depending on furniture type
▪ Single-family household less than 22 million won
▪ Single income household less than 32 million won
▪ Two-income households less than 38 million won
property requirements
Total household assets are less than 240 million won
[How to apply]
① If you have received an application notice
– ARS (1544-9944), Hometax mobile web and internet, incentive counseling center (1566-3636)
③ If you have not received the application notice
– Hometax mobile web and internet, tax office inquiries
inquiry
– Counseling center dedicated to incentives
1544-9944
– National Tax Service employment incentive tax system
126
[Application period and payment period]
📆Application Period📆
2024. 5.1 ~ 5. 31. (Fri)
💰Payment time
Scheduled to be paid at the end of August 2024
So far, we have introduced the 2024 work and child incentives.
If you meet the conditions, please apply within the period to receive the subsidy!
Written on 2024-04-25
Written on 2024-04-26
