Rent refund, tax deduction vs income deduction
The 2023 year-end tax settlement is coming back
The interest of the tenants is hot because the monthly rent refund of Zaritok can be refunded for the monthly rent paid in the meantime. 월세 환급금 조회
Most of the time, when I say refund, I know that I get back the tax I paid.
The government guides you to save taxes through monthly rent tax credits or income deductions. 좋은뉴스
We are supporting the legal way to get your monthly rent refunded.
Among them, you can conveniently get a monthly rent refund by using Zaritok, so let’s take a look.
In general, there are two ways to get a monthly rent refund: tax credit and income deduction.
A tax credit is a reduction in the total amount of tax that the lessee has to pay.
Income deduction is the deduction of one’s income for expenses before taxes are levied.
It is a system that lowers the tax base so that less tax comes out as much as the deducted income (tax base)
(It would be advantageous to lower the tax base for high-income earners)
Both are similar in terms of reducing taxes, but there are differences in the method and amount.
Those who want to apply for Zaritok monthly rent refund
I think you should compare the two and apply.
You can also upload a picture of the contract and get a confirmed date issued by using ZariTalk.
You can get a deduction of up to 12% or 15% of your monthly rent.
Zaritok monthly rent refund tax credit
To qualify for a tax credit, four conditions must be met:
When both the head of household and household members are homeless
Employees whose gross wages are less than 70 million won, conscientious businessmen whose global income including earned income is less than 60 million won
Report on moving into the residence to receive tax credit (contract address and resident registration address are the same)
A house with a national housing size of 85 square meters or less or a standard market price of less than 300 million won
(Including apartments, detached houses, multi-household houses, multi-household houses, and residential officetels)
(Excluding business officetels, gosiwons, and dormitories)
In case of application for tax credit, at the time of year-end settlement
Copy of resident registration, copy of lease agreement, proof of monthly rent payment (cash receipt, deposit without bankbook, account transfer receipt, etc.)
You can prepare it and submit it to the company you are working for, or you can apply directly at the Home Tax Office of the National Tax Service.
Even if you miss the year-end settlement period or the contract ends
Reimbursement is possible if requested within 5 years.
Zaritok Monthly Rent Refund Income Deduction
Income deduction is different from tax credit in that it deducts the portion of monthly rent from income.
This means that part of the income generated is deducted from the tax payment.
Like tax credits, 4 requirements must be met
(No home, worker earning less than 70 million won, move-in report, housing less than national housing size or less than 300 million won)
Income deduction rate
15% of the amount exceeding 25% of the gross salary
30% applies to cash receipts
In the case of income deduction, you can apply only when you receive a cash receipt from the landlord.
If the landlord does not do so, the lessee can apply directly through the National Tax Service Home Tax.
Application must be made within 3 years
Zaritok monthly rent refund
Zaritalk is a rental management system used by tenants, landlords, and brokers.
In the past, Zaritalk is a popular rental management service because it is easy for landlords to manage monthly rent payments.
I feel a bit cumbersome and difficult to apply for a monthly rent refund through Hometax.
If you use Zaritok, you are automatically registered.
Now, interest from tenants has increased as a service that provides monthly rent refund.
If you want to proceed with a monthly rent refund at Zaritok
Enter the information first on the homepage or on the wall to inform the expected refund amount
City of residence and room, tenant, contract date, end date
Enter the landlord’s cell phone number
When using the Zaritok monthly rent refund service
Please note that you can contact the landlord to confirm that the tenant is actually living there.