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xCustomx
Joined: 06 Jan 2006
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 Posted: Thu Apr 24, 2008 8:26 pm Post subject: Should I be paying income and resident tax at a PS? |
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Last year I was paying for 소득세 (income tax) and 주민세 (resident/inhabitant tax) at my public school, but nothing has been deducted from my last two paychecks. I know Americans don't have to pay income tax for their first two years as long as they are working at a public school, but why would I pay the tax last year and not this? This is my fourth year in Korea so I don't think the income tax exclusion thing applies to me.
Should I notify the school administration or is this normal? |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Thu Apr 24, 2008 9:01 pm Post subject: Re: Should I be paying income and resident tax at a PS? |
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| xCustomx wrote: |
Last year I was paying for 소득세 (income tax) and 주민세 (resident/inhabitant tax) at my public school, but nothing has been deducted from my last two paychecks. I know Americans don't have to pay income tax for their first two years as long as they are working at a public school, but why would I pay the tax last year and not this? This is my fourth year in Korea so I don't think the income tax exclusion thing applies to me.
Should I notify the school administration or is this normal? |
They may not be aware that you no longer qualify for the exemption and it may very well come back to bite you in the azz later. |
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xCustomx
Joined: 06 Jan 2006
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| Posted: Thu Apr 24, 2008 10:41 pm Post subject: Re: Should I be paying income and resident tax at a PS? |
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| ttompatz wrote: |
| xCustomx wrote: |
Last year I was paying for 소득세 (income tax) and 주민세 (resident/inhabitant tax) at my public school, but nothing has been deducted from my last two paychecks. I know Americans don't have to pay income tax for their first two years as long as they are working at a public school, but why would I pay the tax last year and not this? This is my fourth year in Korea so I don't think the income tax exclusion thing applies to me.
Should I notify the school administration or is this normal? |
They may not be aware that you no longer qualify for the exemption and it may very well come back to bite you in the azz later. |
But I paid income tax last year, so I don't know why they aren't including it this year. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Fri Apr 25, 2008 2:23 am Post subject: Re: Should I be paying income and resident tax at a PS? |
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| xCustomx wrote: |
| ttompatz wrote: |
| xCustomx wrote: |
Last year I was paying for 소득세 (income tax) and 주민세 (resident/inhabitant tax) at my public school, but nothing has been deducted from my last two paychecks. I know Americans don't have to pay income tax for their first two years as long as they are working at a public school, but why would I pay the tax last year and not this? This is my fourth year in Korea so I don't think the income tax exclusion thing applies to me.
Should I notify the school administration or is this normal? |
They may not be aware that you no longer qualify for the exemption and it may very well come back to bite you in the azz later. |
But I paid income tax last year, so I don't know why they aren't including it this year. |
Change in book keeper, someone misread the manual for "care and feeding of the foreign teacher", lots of possible reasons....
But you are past your 2 year exemption period.... there has NOT been a change in the law so we know that if/when they figure it out they will come looking for it - probably at a time that is least opportune for you (Murphy's law).
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