Hello! This time, I have an article about “Check the payment date and how to apply for the work incentive.” The work incentive is a very helpful system for low-income workers. For those of you who don’t know the exact application date and payment date, 근로장려금지급일
I would like to check the work incentive payment date and explain how to apply and the payment date in detail. This article will reflect the latest 2024 information and organize it so that you can find out at a glance!
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What are the work incentives?
Labor incentives are paid by the government to support low-income workers and the self-employed. In particular, the system is designed to boost workers’ motivation to work and help them stabilize their lives. Anyone can apply if they meet income and property standards, but the payment varies slightly depending on the household composition.
How to apply for work incentives
There are several ways to apply for work incentives, including Hometax, ARS phone calls, and visitation applications, and I will briefly tell you each method.
✅1. How to apply for Hometax
Date of payment of work incentives
As shown in the image above, if you visit the Hometax site, you can enter the necessary information and apply simply by clicking the “Apply for a work incentive” button in the “Incentive” section, but it’s not difficult, so you’ll be able to do it easily.
Shortcut applying for Hometax!
✅2. Mobile Hometax
This is the method of applying using the mobile Hometax application. It is the same as the first application method, so please install the Hometax app on the App Store or Google Play Store and apply for a work incentive after simple authentication.
Google Play Hometax Down
App Store Hometax Down
✅3. ARS Phone Application
You can call [1544-9944], you need to enter your social security number and individual authentication number, and you can apply sequentially according to the instructions.
Alternatively, you can visit your nearest tax office and apply. Please make sure to bring your ID and necessary documents and apply for the visit.
Date of payment of work incentives
Confirmation of the date of payment of work incentives
Below is the date of payment of work incentives as of 2024. Please note that the date of payment of work incentives varies depending on the time of application.
Regular application: If you apply from May 1st to May 31st, it will be paid at the end of August.
Half-term application: Income for the first half of the year will be applied from September 1st to September 15th and paid at the end of December, and income for the second half will be applied from March 1st to March 15th and paid at the end of June.
Reasons for exclusion of work incentives
If you are not eligible for work incentives when applying, you will be notified during the application as shown below.
Date of payment of work incentives
Conditions for reduction of work incentives
There are conditions for a reduction in work incentives! If certain conditions are not met, the amount of payment can be reduced. For example, if the total amount of property is more than 170 million won, 50% of the incentives will be reduced, and 10% will be reduced if you apply after the deadline.
When changing the information on the payment of work incentives
If you want to change the account you will receive on the day of the work incentive payment, you can apply for the change at Hometax or the Civil Service Office at the tax office.
Finish
So far, I have briefly summarized the latest information on “Checking the date of payment of work incentives and how to apply!” In particular, work incentives are a great help for low-income workers, so if you meet the conditions, please apply.
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