Social

Can insurance adjust after a Chuseok bonus? Each of the four major social insurance programs can reflect the payment at a different time, so the payment-month statement may not tell the whole story. The article shows how to prepare the pay statement, bonus period, and dependent information. It also covers separating taxable earned income from recognized non-taxable amounts, checking income and local income tax, and comparing the results with later insurance adjustments and year-end tax settlement details. This applies when the bonus qualifies as wages. #Chuseok #Taxes #HealthInsurance #NationalPension #YearEndTaxSettlement

Hourly workers need a Chuseok pay check. Start with the employment contract and schedule to confirm actual hours worked from September 24 to 26. Then use the regularly employed worker count for the prior month to test whether the workplace has at least 5 employees. The article walks through pay type, ordinary hourly wage, and three time buckets: up to 8 hours, over 8 hours, and work after 10 p.m. That sequence makes the payday amount easier to verify. This applies to pay reviews for work actually performed during the 2026 holiday. #Chuseok #HolidayPay #WorkingHours #EverydayFinance

With a typhoon alert in place, a newly purchased policy still cannot cover damage that occurred before it took effect or resulted from a disaster already underway. The article explains how 55–100% government and local subsidies can reduce premiums, why the exact rate varies, and how the insured amount, deductible, compensation method, and exclusions determine payouts. It also outlines the disasters and property damage the program covers. Eligibility includes homes and movable property inside them, agricultural and forestry greenhouses, and shops and factories operated by small business owners. #Typhoon #DisasterPreparedness #NaturalDisasterInsurance #FloodInsurance

Are your combined income tax and VAT arrears at or below KRW 80 million—and do your closure, revenue, and restart records meet the requirements? This guide shows how to calculate the total in Hometax, identify each responsible tax office, and prepare proof of closure and restart. It also explains where to apply and how separate filings work when two or more tax offices have jurisdiction, helping you organize the process before submitting. This applies to small-scale sole proprietors who meet the closure, average-revenue, and restart requirements. From April 1, 2026, qualifying workers in special forms of employment with at least 3 months of labor provision may meet the restart requirement. #SoleProprietor #Hometax #TaxFiling #SelfEmployment

If your registered business location is in Cheongdo County, confirm your 2025 sales before applying for card fee support. The revised announcement expands the sales threshold from at most KRW 200 million to at most KRW 300 million. The guide explains which identity, business registration, and deposit account documents to prepare. It also covers online applications through Haengbok Card, designated in-person locations, and how to retain your application number or completion screen. Businesses previously rejected under the former sales cap can also learn what to verify before asking whether reapplication is possible. This applies to qualifying small businesses in Cheongdo County, and the program may close early if the budget is exhausted. #SelfEmployment #EverydayFinance #SoleProprietor #CardFeeSupport

When your 2026 fire insurance statement includes a savings premium, that portion does not count toward this support. The guide explains how to estimate support at 80% of the eligible coverage premium, up to KRW 240,000 per year, so you can understand the potential amount before applying. It also walks through the Small Business 24 and local office routes, required forms and evidence, and what to retain after submission. This applies to small businesses operating in Cheonan, Gongju, Asan, Seosan, Dangjin, Geumsan, Cheongyang, or Yesan and maintaining fire insurance in 2026. #SmallBusiness #EverydayFinance #DisasterPreparedness #FireInsurance