HomeTax (NTS): Who Qualifies and What You Get
Learn how business owners and freelancers use the HomeTax platform for VAT filing and income tax reporting in South Korea.
HomeTax is an online digital platform provided by the National Tax Service to help individuals manage their tax-related responsibilities through the internet.
Who it's for
This service is intended for anyone operating as a business owner or working as a freelancer. Whether you are managing a physical shop or working as a self-employed professional, this platform is the designated tool for handling your legal tax requirements.
What you get
The platform provides a centralized online space for managing various tax obligations. Specifically, you can use it to complete your VAT filing and to handle your income tax reporting. By using this digital service, you can submit the necessary documentation required by the National Tax Service to ensure you remain compliant with local tax laws.
What it costs you
There is no fee to use the HomeTax service; it is free of charge. However, there is a requirement regarding your digital identity. To log in and access these tax services, you must have a digital certificate, known as a Gongin-injeungseo. This certificate is necessary to verify your identity and secure your sensitive financial information while using the portal.
The catch to know
Users should be aware that the website can be notoriously difficult to navigate. The platform often requires specific browser plugins to function correctly, and you may find that the site works most reliably when using Internet Explorer. This can make the process of filing your taxes more complicated than a standard website if your computer is not set up with the correct technical requirements.
How to apply
- Prepare your digital certificate (Gongin-injeungseo) for identity verification.
- Ensure your web browser is set up with the necessary plugins or is using a compatible browser like Internet Explorer.
- Access the official website to begin your filing process.