As the monthly rent tax deduction rate has recently been raised to 17%, interest in the monthly rent refund system is increasing. In this article, we will introduce the monthly rent refund system, which is one of the year-end tax settlement items, and take a look at the Zaritok application that can be used to conveniently inquire monthly rent refunds.
Monthly rent refund system
rent refund
monthly rent refund system
The monthly rent refund system refers to a system in which the amount of monthly rent and anti-annual tax paid to the landlord while living in a studio or officetel can be refunded after reporting the tax. Not everyone can use the monthly rent refund system, and you must meet the conditions of a non-homeowner or household member with a total annual salary of 70 million won or less. In addition, deduction is possible only if you live in a house that corresponds to the national housing scale or whose standard market value is less than 300 million won. 월세 환급금 조회
Conditions for the monthly rent refund system
Both the head of household and household members are homeless. 좋은뉴스
Workers whose total wages are less than 70 million won
The address must be reported for moving in.
The size of the house must be less than 85 squares or the standard market price must be 300 million won.
If you have checked the requirements for the monthly rent refund system and have met the qualifications, you can access the Hometax of the National Tax Service, submit the certificate of deduction to the withholding agent when reporting year-end tax settlement, and apply the monthly rent tax credit to get your refund back.
Home tax monthly rent refund
Monthly rent refund tax credit
Monthly rent refund is not supported indefinitely, and there is a deduction limit. It is possible only within 7.5 million won per year, and it is equivalent to deducting about 625,000 won per month in monthly rent. 10% deduction for an annual salary of 70 million won or less and a comprehensive income of 60 million won or less, and 12% for an annual income of 55 million won or less and a comprehensive income of 40 million won or less.
In order to apply for the monthly rent refund tax credit, documents proving that the monthly rent has been paid to the housing lessor are required, such as a copy of the employee’s resident registration card, a copy of the rental contract certificate, a receipt for bank transfer, and a receipt without a bankbook.
Monthly rent refund Income deduction
If the monthly rent tax deduction requirements described above are not met, you may be able to deduct it through the income tax deduction method. The range of this method is wider than the former, because there are no conditions such as homelessness, market value, or exclusive area.
Monthly rent income deduction can be applied directly at Hometax without the consent of the landlord, and a copy of the rental agreement and cash receipt are required as documents. For reference, tax deduction and income deduction are not mutually exclusive, so be sure to remember that and select one to benefit from the system.
Zaritok Monthly Rent Refund inquiry
For those who have looked at the monthly rent tax deduction and income deduction method above, but feel that it is a cumbersome and complicated process, there is a company that acts as an agent. To put it simply, it is an application that represents rental management, and if you enter the contents of the contract you are currently using, you can check various things from payment details to bills with one application.
Main features of the Zari Talk app for tenants
Receive a confirmed date easily without having to visit the community center
Refund of up to 4.5 million won per month
Overdue monthly rent bill
Zaritok-monthly rent-refund
Zaritalk is known as an essential rental management app, and you can easily check your monthly rent refund by using the Zaritalk app, which provides useful features to landlords, tenants, and brokers.
Download the Zari Talk App
After running the application, enter your rental type and rental cost
Enter residence building, room, and tenant name
Zaritok Monthly Rent Refund inquiry
Download the Zari Talk App
In the case of ZariTalk, you can conveniently use cumbersome procedures because it has the advantage of providing tax deduction services and handling fixed dates instead. However, it would be wise to explain to the landlord in advance so that there is no misunderstanding, as the fact that the use of Zaritalk is known to the landlord.
So far, we have introduced the general contents of the monthly rent refund system and how to inquire the monthly rent refund using the Zaritok application. If the monthly rent refund is large, it is similar to one month’s rent, so don’t miss it and make sure to get it back.