The National Tax Service said on the 2nd that 6.92 million business owners nationwide must file and pay value-added taxes by the 27th. The number of payers increased by 130,000 from a year earlier. Individual general taxpayers rose by 1 million to 5.56 million, and corporate businesses increased by 30,000 to 1.36 million.
All simplified taxpayers who issued tax invoices in the first half of this year must file and pay for their first-half performance. Among simplified taxpayers, 90,000 "pre-assessed payers" who did not issue tax invoices must pay the pre-assessed amount notified this time. If a pre-assessed payer files and the first-half sales or tax payable falls short of one-third compared with the previous tax period, the assessed amount will be canceled.
Returns can be prepared through Hometax without visiting a tax office. If there is no business performance, filing can be done via Sontax or ARS (1544-9944). Taxpayers may also use the generative artificial intelligence (AI) chatbot service introduced by the National Tax Service in January this year. The National Tax Service provides 130 types of tailored assistance materials that reflect each firm's characteristics by analyzing tax-base data and externally collected data.
Meanwhile, the National Tax Service said it will extend payment deadlines by two months until Sept. 28 without a separate application for a total of 1,026,000 taxpayers, including small and midsize enterprises suffering from a weak won, young entrepreneurs in the early stages of startups, and small business owners with sharp sales declines. In addition, if an export company applies for a refund within the filing deadline, payment will be made 5–12 days earlier than the statutory deadline.