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Overture1928
Joined: 12 Jan 2014
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 Posted: Mon Jul 07, 2014 1:59 am Post subject: Adding a second job, 3.3% IC is the only way? |
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| Let's say you are to add a second job and you already are enrolled in the NHIC with your first job, can you enroll again with your second job or can you only be an Independent contractor and be charged 3.3%? If you are an IC are you then supposed to register yourself with NHIC? What are the options? |
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nicwr2002
Joined: 17 Aug 2011
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| Posted: Mon Jul 07, 2014 3:52 am Post subject: |
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| If you are adding another job, why would you sign up for insurance again? Tax is based off your income, so if you are making more now, just put some back for the tax season. |
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Overture1928
Joined: 12 Jan 2014
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| Posted: Mon Jul 07, 2014 4:53 am Post subject: |
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| nicwr2002 wrote: |
| If you are adding another job, why would you sign up for insurance again? Tax is based off your income, so if you are making more now, just put some back for the tax season. |
I just want to know what I am legally supposed to do? |
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nicwr2002
Joined: 17 Aug 2011
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| Posted: Mon Jul 07, 2014 6:43 am Post subject: |
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| If you already have insurance with your main job, then there is no need to sign up again. Is this second job paying your taxes for you? If not then you will have to do that on your own. It won't affect your tax rate unless you go over the threshold for the tax bracket that you are in now. Check the Korean tax website. |
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