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14 min read
February 07, 2026 11:13 NEW

2025 Tax Year End Changes Guide to the Expanded Child Tax Credit and Marriage Tax Credit for Multiple Children

Every year, the South Korean government revises its tax laws to overcome changing economic indicators and demographic crises, striving to protect the real income of working people and realize social value. The 2025 imputation year-end settlement focuses more than ever on two core values: responding to the declining birthrate and aging population, and restoring the people's economy. In particular, it is characterized by a significant increase in direct cash tax benefits for multi-child households and lower deduction thresholds for expenses that are closely related to daily life, such as housing and sports activities. This report provides an in-depth analysis of these changes and shows how workers can...

#결혼세액공제 #2025 연말정산 #다자녀 세액공제 확대
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13 min read
January 29, 2026 15:37

Passport fees will increase from March 2026, complete guide to costs and online application

Starting March 2026, the fee for issuing a South Korean passport will increase by KRW 2,000. The increase will apply to all passport types, from 10-year multiple passports to single passports to emergency passports, in order to cover the rising manufacturing costs and administrative services associated with the introduction of next-generation e-passports. This report details the total cost of each passport type, the structure of the international exchange contribution, the online application process through Government24, and the photo regulations that the general public should know. Why and when passport fees will increase Effective March 1, 2026, the Ministry of Foreign Affairs of the Republic of Korea will...

#여권 발급 수수료 인상 #2026년 여권 발급 비용 #전자여권 발급 수수료
36 0 0 P 10.0
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10 min read
January 20, 2026 12:40

Token Securities Act Implementation A complete guide to STOs from what they are to how to invest in them

Starting next January, South Korea's financial markets will enter a new phase: tokenized securities (STOs). The amendments to the Capital Markets Act and the Electronic Securities Act, which passed the plenary session of the National Assembly, lay the legal foundation for expanding the existing centralized securities management system to blockchain-based distributed ledger technology. This is considered a huge turning point that goes beyond the emergence of new products and fundamentally changes the way assets are securitized and the structure of capital raising. This report analyzes the background of the implementation of the Token Securities Act, key legal issues, and market changes that investors should be aware of. 1. Definition of token securities and their status under the Capital Market Act...

#토큰증권 #STO #토큰증권법 시행
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13 min read
January 18, 2026 13:27

National Insurance contribution rate increase of 9.5% confirmed for 2026 - summary of salary changes and benefits

The largest pillar of South Korea's social security system, the National Pension System, is undergoing a massive wave of change in the 27 years since 1998. The reforms are seen as more than just a tweak to the numbers, but as a strategic decision by a country facing a turbulent demographic transition to achieve the twin goals of retirement income security and fiscal sustainability. It's important to look closely at the background and details of the reforms, especially the contribution rate hike that will take effect in January 2026, as it will have an immediate impact on the disposable income of all members. Table of Contents The background to National Insurance reform...

#국민연금 #보험료율인상 #국민연금개혁
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11 min read
January 18, 2026 09:04

Real Estate Penalty Tax: A Tax Bomb You Didn't Know You Had? 22% Withholding Returns in a Nutshell

In the real estate transaction process, the termination of the contract and its aftermath are just as important as the conclusion of the contract. In particular, when a buyer or seller changes his or her mind or terminates the contract due to unavoidable circumstances, the penalty is considered more than just a consolation prize and is considered other income under tax law. This report provides an in-depth analysis of the legal basis, taxation mechanism, tax obligations of the parties, and administrative procedures related to the real estate penalty tax to provide guidance to minimize the risks in property management. 1. Understanding the legal nature and taxation mechanism of real estate penalty tax The real estate purchase and sale contract is based on the trust between the parties...

#부동산 위약금 세금 #부동산 계약 해지 세금 #위약금 기타소득
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10 min read
January 16, 2026 17:12

Gold Price Prediction 2026 All-Time High and 3 Reasons Why It's Going Up

We take a deep dive into the outlook for gold prices in 2026. We discuss how President Trump's threat to the Fed's independence, pressure to cut interest rates, and central bank gold buying will affect the international gold price and suggest the optimal gold investment strategy. The steep upward curve of the international gold price, which began in earnest in the second half of 2024 and continued through 2025 and into 2026, remains a central discourse in financial markets. In particular, during 2025, the price of gold rose by a phenomenal 65%, reaffirming its status as a traditional safe haven asset. This trend is not stopping at the beginning of 2026...

#금값 전망 #금 투자 전략 #금값 상승 이유
77 0 0 P 13.0
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12 min read
January 15, 2026 15:00

Wrongful Dismissal Standards and Just Cause: A Guide to Labor Laws

This report provides an in-depth analysis of the criteria for unfair dismissal and justifiable reasons for dismissal, based on Articles 23 and 24 of the Labor Standards Act. It details key legal information that both workers and employers should be familiar with, from the differences between ordinary dismissal, disciplinary dismissal, and redundancy, to how to calculate notice pay, the process for applying for relief from the Labor Commission, and the period when dismissal is absolutely prohibited. Legal definition and social implications of dismissal under the Labor Standards Act In the Korean labor law system, dismissal is a unilateral termination of employment by an employer, regardless of the employee's will. It is an exercise of management rights guaranteed by the Constitution...

#해고사유 #부당해고 #징계해고
67 0 0 P 14.0
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10 min read
January 14, 2026 16:22

Mackerel price rises to over $10,000 Real reason why Norwegian imported mackerel is so expensive

1. Statistical indicators and market status of mackerel price increase Mackerel, traditionally the most familiar protein source on the Korean table, has been experiencing a steep price increase in recent years. The rising mackerel prices observed since late December 2025 suggest a structural crisis that goes beyond mere seasonal factors. In statistical terms, the average retail price of a large handful of imported salted mackerel hit 10,363 won, surpassing the 10,000 won mark for the first time ever. Compared to 8,048 won in December 2024, just one year ago, this represents a surge of about 28.8%...

#고등어 가격 상승 #수입 고등어 가격 #노르웨이 고등어
51 0 0 P 14.0
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8 min read
January 13, 2026 15:30

Get your claim documents up to date or be denied reimbursement in 2026

1. The evolution of the social role and compensation system of accidental death and dismemberment insurance Accidental medical insurance, also known as national insurance because more than 70 percent of South Koreans are enrolled, is a system that compensates individuals for actual medical expenses incurred due to illness or injury. As of 2026, the system is moving beyond simple cost compensation to a data-driven compensation system combined with digital healthcare. In the past, subscribers had to visit hospitals to remove paper documents and fax or app them back to the insurer, but the computerization of claims has completely changed the paradigm of claims. The...

#실손보험 청구 서류 #실손보험 청구 방법 #실비보험 청구 서류
39 0 0 P 17.0
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9 min read
January 12, 2026 15:11

2026 ISA reforms in a nutshell: How to get the tax-free £1,000,000 allowance

1. What is an ISA: What it is and how it works ISA stands for Individual Savings Account, which is an account that allows you to hold and manage a variety of financial products in one account, including deposits, savings, funds, stocks, and ETFs, while enjoying tax benefits. Since its inception, it has been referred to as an all-purpose passbook and is the flagship tax-saving financial product designed by the government to help South Koreans build wealth. Basically, any resident over the age of 19 can sign up, and residents between the ages of 15 and 19 can also sign up if they have income. However, at the time of signing up...

#재테크 #ISA #개인종합자산관리계좌
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