On November 29, the second half of Gyeonggi-do’s delinquent vehicle crackdown day, cities, counties and local governments across 31 cities and counties. Together with the police station and the Korea Expressway Corporation, we conducted a crackdown on vehicles delinquent on automobile tax. Those subject to license plate retention are vehicles that have paid more than three or more vehicle-related fines or have paid vehicle-related fines of 300,000 won or more. This crackdown will involve mobilizing approximately 370 provincial and city/county officials and 180 license plate retention enforcement devices to target vehicle-dense areas such as residential areas, crowded areas, and public parking lots. It was centered around As of the end of October this year, there were 518,285 delinquent vehicles in Gyeonggi-do, with the delinquent amount amounting to 128.3 billion won. Among them, there are 50,576 vehicles with five or more habitual delinquencies, and the delinquent amount is KRW 49.7 billion, accounting for 38.7% of the total delinquent amount.
2024 automobile tax annual payment discount
Annual automobile tax payment period
1. What is automobile tax?
It is a tax on the person/corporation that owns a car, and because it is a tax on ownership, it is calculated and levied the same even if you do not actually drive it. Automobile tax is a local tax paid to local governments rather than a national tax paid to the government. It is paid to basic local governments (autonomous districts, general cities, counties) rather than metropolitan governments (special cities, metropolitan cities, provinces), and is basically the principle of later distribution and ownership. Tax is calculated on a prorated basis for each day. There is a discount for automobile tax depending on the vehicle, with a 4.6% discount starting from the 3rd year of registration and up to 50% in the 12th year, with no reduction beyond that.
2024 automobile tax annual payment discount
2. Car tax payment
1) Tax rate
go. Passenger car: Differential taxation based on engine displacement (cc)
2024 automobile tax annual payment discount
me. Other passenger vehicles (electric vehicles, etc.)
2024 automobile tax annual payment discount
In the case of electric vehicles, a fixed tax of 100,000 won is currently levied even if the vehicle price is over 100 million or 200 million won.
As a result, public complaints have arisen, and voices are being raised about not calculating taxes based on the vehicle value. Currently, the amount of automobile tax is set per CC as above, but with the advent of eco-friendly vehicles such as electric vehicles and hydrogen cars, concerns have been raised that taxation based on engine displacement is against taxation fairness, so eco-friendly vehicles whose displacement cannot be measured are raised. We are looking forward to a reasonable reform plan as it has been pointed out that a new tax standard must be established.
2) Car tax payment period
2024 automobile tax annual payment discount
The payment period is twice a year. For the first quarter, the tax period is from January to June, and payment must be made from June 16 to 30 of the same year. For the second quarter, the tax period is from July to December and must be paid on December 16. Payment must be made from the 31st to the 31st. If you pay within the period, no additional tax will be incurred, but if you pay in advance by applying for annual automobile tax payment, you can receive a discount.
3. Discount on annual automobile tax payment
The annual payment system is a system that provides discounts by paying taxes for June and December all at once.
If you pay taxes in January, a discount of up to 7% is provided, a discount rate of 4.6% in 2024, 3% in 2025, and last year, a maximum of 9.15% was applied. For reference, annual payment applications can be applied for and paid in January, March, June, and September. If you apply late and pay in a lump sum, the discount rate will be reduced by the number of days. Therefore, in order to receive the maximum discount rate based on the maximum automobile tax advance payment, It is best to use it in January.
2024 automobile tax annual payment discount
You can apply through Witax.
4. Car tax inquiry
2024 automobile tax annual payment discount
Click on the local tax shortcut at the bottom right of the Witax homepage as shown above.
2024 automobile tax annual payment discount
You can click on the mileage on the screen to view the taxpayer’s personal information, tax information, and tax amount information and then report it.
2024 automobile tax annual payment discount
In addition, you can check your car tax payment as above by setting the inquiry period through My Wi-Tax and setting the search item to car tax and then searching. Please note that you can check your payment details not only through WiTax, but also through the issuance of tax certificates for each local tax item and through Government 24.
Please note that once you apply for annual payment, you will be notified by bill or message every year. If you change your address, you must reapply for annual payment in that region to use it. Although the prepayment discount rate is decreasing every year, a 4.6% discount rate is still provided this year, so please check the application period through Witax every year in January, March, June, and September to receive the benefit.