Korean Job Discussion Forums

Thedudeabides · Joined: 15 Jun 2008

Hello all, I'm at work right now and my director is pressuring me to sign a form to receive a tax refund. She says it is due tomorrow morning. The form includes fields for me to enter bank name and acct number, which is info they currently do not know. Without giving any more details I will say that the timing of this paperwork is very "cunning."

Do I have anything to worry about if I give them the info?

Cheers!

lifeinkorea · Joined: 24 Jan 2009 Location: somewhere in China

They want 240,000? Do you have less than that in your bank account? Do you make less than that per month?

They can take it out of your salary if it is really needed. They don't need to go snooping into your bank account.

polonius · Joined: 05 Jun 2004

This is a gas tax rebate. Many people received it last November. However, some people couldn't get it as they hadn't worked long enough of the year 2007. So, this rebate is for the year 2008. It is legit. I had to enter my account name and number, and received the 240,000 rebate.

Are you paid in cash every month? There is nothing they can do to take money out of your account without pin numbers, bank books or ATM cards.

ChinaBoy · Joined: 17 Feb 2007

I guess the OP gets paid in cash, but apparently believes that anyone with your bank account number can clean you out. Not the case.

lifeinkorea · Joined: 24 Jan 2009 Location: somewhere in China

polonius · Joined: 05 Jun 2004

lifeinkorea,

The paper he was asked to sign was from NTS, with NTS logos all over it. Yes, cell phone companies as well as Cable and Internet companies can directly withdraw money from you account, provided that a receipt is issued. I highly doubt that a bank would allow a hagwon owner to withdraw money from a foreigner's account. I say this because once I had been overpaid. The hagwon by accident paid me twice in a month. They realized their mistake minutes later, but they had to come to me and get me to withdraw the money and give it to them.

Also, I had a teacher pull a runner. (long story, no loss on our part, he was on his way out.) but he left over 1,700,000 won in apartment, cable, internet, telephone fees. There was no way that we could access his account, even though we had proper documentation, filed a police and immigration report.

Bottom line is, there are certain companies that have credibility, such as SK, LG or C & M (a cable company) these are the ones that banks will allow such transactions to occur. Your run of the mill hagwon wouldn't stand a chance, especially if, as the OP stated, they don't already have his bank account number, and are therefore paying him cash.

lifeinkorea · Joined: 24 Jan 2009 Location: somewhere in China

polonius,

polonius · Joined: 05 Jun 2004

lifeinkorea,

I respect your opinion, and certainly believe that people should take the precautions that they see fit. I don't believe banks would do such a thing. Remember, we often hear of shady academies asking teachers to open a bank account and give the company the bank book and pin numbers. This is a means for them to cheat taxes.

If people feel more comfortable opening a secondary account, by all means, go for it. But, if as the OP stated, that he was under a time constraint to get 240,000 won, I would tell him not to worry, and if he feels the necessity afterwards to open a secondary account to ensure that his academy doesn't have his info, go for it.

I guess the main difference here is that I completely trust my employers. I have worked for them for 7 years.

lifeinkorea · Joined: 24 Jan 2009 Location: somewhere in China

cubanlord · Joined: 08 Jul 2005 Location: In Japan!

wait, so there is ANOTHER rebate? My wife and I received one back in January 2009. There is another 240,000 gas rebate?

~
www.ralphsesljunction.com

timetotravel · Joined: 02 Sep 2007 Location: korea

is it too late to apply for the gas rebate now?

ChinaBoy · Joined: 17 Feb 2007

Actually, on the bank thing, I also have 2 accounts, one for the school & to pay bills, one for my savings and personal expenses.

Yes, I have been cheated out of money, but that was from my former hagwon. They demanded I give them cash to pay the bills, then kept the cash and the companies took the money out of my account (well, what little was left in there). On payday, I would move most of the funds out of there.

I'm not sure what the government has to do with this. You think they can't find your bank account info?

polonius · Joined: 05 Jun 2004

Tommy · Joined: 24 Aug 2005

Does anyone have the link to this year's form? Here's last year's form (I think):
Page 1
Page 2

I thought I was eligible last year but I wasn't so wanted to apply this time around.