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4.57% Discount on Annual Prepayment of Automobile Tax

How to Save on Taxes Introduced by Mapo-gu
Pay in a Lump Sum in January and Get a 5% Discount on the Remaining 11 Months

4.57% Discount on Annual Prepayment of Automobile Tax

Mapo-gu (Mayor Park Gang-su) announced that if the 2025 annual automobile tax is paid in a lump sum by January 31, a 4.57% discount on the annual amount can be received.


According to the Local Tax Act, automobile tax is levied in two installments (June and December), but if the vehicle owner applies, the annual amount can be paid in a lump sum in January.


It is also possible to apply for annual prepayment in March, June, and September. However, if paid in January, a 5% discount on the remaining 11 months (February to December) until the end of the year is given, resulting in a total savings of 4.57% on the annual tax, making it the most beneficial time to pay. Even if you move to another city or district after prepaying, you do not have to pay additional automobile tax.


Taxpayers who prepaid their automobile tax last year will receive a prepayment payment slip without a separate application, and new applicants can apply through Seoul ETAX or STAX (mobile app). Alternatively, you can visit or call the Local Income Tax Division of Mapo-gu.


If you transfer ownership or scrap the vehicle after prepaying the automobile tax, you can receive a refund for the remaining period after the date of ownership transfer or scrapping. Refund applications can be made through Seoul ETAX or at the Local Income Tax Division of Mapo-gu.


There is no disadvantage if you receive the prepayment payment slip but do not pay, and if unpaid, the tax will be normally levied as a regular installment.


Park Gang-su, Mayor of Mapo-gu, said, “The automobile tax prepayment system is a good opportunity to save taxes,” and added, “We hope that residents will use the prepayment system to reduce their household burden even a little.”


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