Taxing times for expat earners
Along with a new year, January heralds a new nuisance – end-of-year tax settlements. The Korean tax year is the same as the calendar year, and for most employees, tax is deducted from monthly pay based on estimates, and the end-of-year settlement is used to make corrections to that estimate.
![[Translate to Coréen:]](http://aws-a.medias-ccifi.org/fileadmin/_processed_/4/1/csm_csm_IK1_4333_49d3696f42_6cac8402ff.jpg "[Translate to Coréen:]")
![[Translate to Coréen:]](http://aws-a.medias-ccifi.org/fileadmin/_processed_/0/7/csm_csm_Meta-Nature-Ai-Ddp-Seoul_credit-photo-nicolas-gaudelet__6__87fdd31871_e8848f7cf1.jpg "[Translate to Coréen:]")