Learn more about how to apply for a work permit. The timing and application method, payment date and amount, income and qualifications are currently attracting great attention among people with two 2023 work subsidies and child subsidies.
What is the work subsidy?
Labor linkages that encourage work and support real income by providing labor incentives calculated according to the composition of household members and total wages, etc. It is an income support system.
The work subsidy is calculated and paid based on the composition and number of household members and the total wages of the married couple.
Employment incentive application and qualifications
Employment incentive support is for households with earned income, business income, and religious income in the previous year, and who meet all requirements for the employment incentive payment and child incentive payment, if they apply to the local tax office in May every year, the employment incentive and dependent children calculated according to the total salary, etc. The child subsidy calculated according to the number of children is paid.
We will also look at the eligibility requirements to receive subsidy for work. It is said that the target has increased this year, but in order to receive support, you must meet 1) household type requirements 2) total income requirements 3) property requirements.
Gross Income Requirements
Depending on the composition of the household members, the total income amount when summing up the couple’s salaries in 2022 must be less than the standard amount in the table above, and the subsidy is determined by the total salary amount, etc. Gross income is the sum of the applicant’s and spouse’s income.
1) Detached household: Less than KRW 22 million
2) Single-income households: Less than 32 million won
3) Dual-income households: Less than 38 million won
Depending on the household, the amount must be less than the corresponding amount to be recognized as a target for employment incentive application.
property requirements
As of June 1, 2022, the total amount of property owned by family members must be less than 240 million won, and property includes land / house / building, private car, deposit money, financial assets / securities, and the right to acquire real estate are considered as the sum of debts and debts are not deducted.
Even if you meet all the requirements mentioned above, please note that 1) non-Korean nationals 2) dependent children of other residents in 2022, or 3) residents including spouses are running professional businesses.
Labor incentive application period and method
The 2022 regular portion runs for one month from May 1 to May 31, and even if you have not applied within this period, you can apply for the 2022 portion until November 30, 2023. However, since the first half of 2023 will be held again in September this year, it is recommended to apply within the period to avoid overlapping.
How to apply for work incentives
There are two ways to apply for work incentives.
1) If you receive a mobile notice
If you read the notice attached to KakaoTalk or the problem message and click Apply, you can apply on the Hometax mobile app.
2) If you receive a written notice
You can apply by QR code, internet home tax, mobile application, or ARS phone.
Even if you do not receive information on mobile or in writing, you do not have to worry as you can apply on the Home Tax website as shown in the picture above or proceed through the mobile Home Tax.
You can calculate how much you can receive on the Home Tax site, and if you want to check it yourself, you can check it by selecting Home Tax > Tax simulation calculation > Calculate the labor incentive.
Today, we learned about the employment incentive application and the eligibility requirements. This year, the automatic a
pplication system has also been introduced, and if you agree to the automatic application once, it will be automatically applied if it is included in the application guide within the next two years.
Please note that the current application standards (property requirements) have been relaxed, and the property standard for the work incentive has been raised from 200 million won to 240 million won (including all household income), and the maximum payment amount has also been raised by 10%.
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