Year-end Tax Adjustment 'Bulk Provision of Simplified Data' Service, Apply by the 30th

[Asia Economy Sejong=Reporter Kim Hyewon] Companies wishing to use the year-end tax settlement 'Simplified Data Batch Provision Service' must apply for the service by the 30th, the National Tax Service announced on the 17th.

Applications can be made by registering the list of year-end tax settlement eligible employees (name and resident registration number) on Hometax within the deadline.

In cases where it is unavoidable to add or delete names or if the application is not submitted within the deadline, corrections or late applications can be made until January 14 of next year.

To protect taxpayer personal information, companies that participated in the pilot operation last year must also apply to use the batch provision service this year.

The National Tax Service advised, "Care should be taken to ensure that employees not subject to year-end tax settlement, such as retirees and daily workers, are not included in the registered list."