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Teacher's tax liabilities

 
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oldfatfarang



Joined: 19 May 2005
Location: On the road to somewhere.

PostPosted: Tue May 24, 2005 6:46 pm    Post subject: Teacher's tax liabilities Reply with quote

More 'same old questions'.
My contract states I should pay 4.5 % income tax (monthly).
My Hagwon owner is deducting 5% from my monthly salary. (He's not deducting any pension contributions - discussed under another thread).

1) Can anyone advise what tax a New Zealander should pay while working in Korea (4.5 % or 5 %)??

2) Do teachers have to pay any other taxes??
Cheers
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Grotto



Joined: 21 Mar 2004

PostPosted: Tue May 24, 2005 7:03 pm    Post subject: Reply with quote

your boss is ripping you off.

http://nts.go.kr/front/service/refer_cal/gani/refer_gani_eng.asp

go here to find out how much tax he should be withholding!
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