Information on the claim for compensation for income tax reduction or exemption for employees of small and medium businesses ◀

1. Summary of Income Tax Reduction for Employed in SMEs
○ When young people, etc. are employed in small and medium-sized enterprises that meet certain requirements,
a certain rate of income tax is reduced or exempted on income earned from the date of employment until the end of the month in which the three (5 years) date falls.
※ Attachment: Summary of income tax reduction for employed by SMEs
2. Procedure for requesting correction of income tax reduction or exemption for employees of small and medium enterprises
▶ (Incumbent workers) ① Apply for reduction or exemption to the company → ② The company submits a statement of exemption targets to the tax office
→③ Verification and completion of the reduction or exemption requirements at the tax office → ④ The company collects withholding and applies the reduction or exemption at the year-end settlement
⇒ Refunds will not be made unless there is a copy of the application for reduction in ① and the statement of persons subject to reduction in ② issued by the company .
※ In principle, a request for correction is made by the company to the tax office .
▶ (Retirees) ① If you have an application for reduction or exemption (attach proof), you can apply for a refund directly to the tax office (request for correction).


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