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tsm174
Joined: 21 Jan 2009
Location: Dongtan, South Korea
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 Posted: Sun Oct 25, 2009 9:01 pm Post subject: Can anyone help get my taxes back?? |
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Does anyone 'round here know how a private school teacher goes about getting back their taxes?
We've been paying income and residential taxes all year, and a friend of ours (also a private school teacher) got all of her taxes back before she left. She has no idea how because her hagwan took care of everything, and she's no longer in contact with her school.
We have about a month left before we leave... any help would be greatly appreciated  |
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OculisOrbis
Joined: 17 Jul 2006
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| Posted: Sun Oct 25, 2009 11:20 pm Post subject: |
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First, call 02-397-1440 and see if your employer was submitting your taxes or pocketing them.
Second, if they were submitting them, you should ask your employer why they didnt give you your tax settlement statement, along with the refund you were likely supposed to receive back in february or march. If you have the two-year tax-free status you will need to submit some form from your home country and different paperwork to get ALL your taxes back. The following is mainly about getting your income tax refund.
When they pretend they dont know what youre talking about, it's time to go to the local tax office with a korean to translate for you. Bring your financials such as bankbook, monthly salary statements and contract stating your wage.
While there, find out about how you can do your own tax settlement in january because your employer screwed you the last time you trusted them.
When youre finished at the tax office, you might as well repeat what is basically the same process at the pension office - if your country has a pension agreement , then you stand to get a refund totaling 9% of your income and thats significantly more than your taxes would get you.
http://www.nts.go.kr/eng/
http://www.npc.or.kr/jsppage/english/main.jsp
http://forums.eslcafe.com/korea/viewtopic.php?t=106539 |
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ontheway
Joined: 24 Aug 2005
Location: Somewhere under the rainbow...
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| Posted: Mon Oct 26, 2009 7:43 am Post subject: |
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| OculisOrbis wrote: |
First, call 02-397-1440 and see if your employer was submitting your taxes or pocketing them.
Second, if they were submitting them, you should ask your employer why they didnt give you your tax settlement statement, along with the refund you were likely supposed to receive back in february or march. If you have the two-year tax-free status you will need to submit some form from your home country and different paperwork to get ALL your taxes back. The following is mainly about getting your income tax refund.
When they pretend they dont know what youre talking about, it's time to go to the local tax office with a korean to translate for you. Bring your financials such as bankbook, monthly salary statements and contract stating your wage.
While there, find out about how you can do your own tax settlement in january because your employer screwed you the last time you trusted them.
When youre finished at the tax office, you might as well repeat what is basically the same process at the pension office - if your country has a pension agreement , then you stand to get a refund totaling 9% of your income and thats significantly more than your taxes would get you.
http://www.nts.go.kr/eng/
http://www.npc.or.kr/jsppage/english/main.jsp
http://forums.eslcafe.com/korea/viewtopic.php?t=106539 |
You should be aware that many employers are required to submit withholding taxes (income taxes) only twice or even once per year. They are NOT allowed to pay more often. It you work for a small school, it is likely they only pay your income tax once per year, so they might have legally paid nothing for you so far, depending on when you started there.
Your pension and health insurance are required to be paid monthly, however, by almost all employers. |
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OculisOrbis
Joined: 17 Jul 2006
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| Posted: Mon Oct 26, 2009 3:15 pm Post subject: |
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| pension is also submitted quarterly in many cases |
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