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holydiver
Joined: 08 Feb 2010
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Posted: Wed Mar 14, 2012 10:38 pm Post subject: paying tax on renewal bonus?? |
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this is my 3rd year at the same school (EPIK) so i've renewed twice (4,000,000 won). my administrative office randomly told me today that i owe tax on that money (118,800 won). not a huge amount of money but just wondering if this sounds right? |
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ttompatz

Joined: 05 Sep 2005 Location: Kwangju, South Korea
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Posted: Wed Mar 14, 2012 10:41 pm Post subject: Re: paying tax on renewal bonus?? |
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holydiver wrote: |
this is my 3rd year at the same school (EPIK) so i've renewed twice (4,000,000 won). my administrative office randomly told me today that i owe tax on that money (118,800 won). not a huge amount of money but just wondering if this sounds right? |
Sounds high by about 40k won unless you are earning at the top of the pay scales in EPIK.
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