Year-End Settlement calculators34
Deductions and credits an employee gets back.
This is where employees get back the tax they overpaid during the year. It has the most calculators of any group, but for most people **you only need the ones that apply to you.** There is no need to look at all of them.
Year-End Settlement calculators
34Tap a card to open the calculator.
Social Insurance Calculator
The four insurances taken out of your pay, split with your employer.
Open calculatorJeonse Loan Interest Deduction
Deduction on principal and interest for a rental deposit loan.
Open calculatorMonthly Rent Tax Credit
Credit for rent paid, if you meet the income and home-size limits.
Open calculatorPension Account Tax Credit
Credit for paying into a pension savings account or IRP.
Open calculatorCard Spending Deduction
The deduction for card and cash-receipt spending above the threshold.
Open calculatorChild Tax Credit Calculator
How much your children reduce your tax bill.
Open calculatorMedical, Education and Insurance Credits
Credits for medical bills, tuition and protection-type insurance.
Open calculatorHometown and Political Donations
The unusually generous credit on hometown-love and political donations.
Open calculatorDonation Tax Credit
Credit for donations, including religious organisations.
Open calculatorIndustrial Accident Benefit
Temporary disability benefit while you are off work after a workplace injury, and why visa status is not a condition.
Open calculatorHealth Insurance Status Checker
Whether you are a workplace subscriber, regional subscriber or dependent, and why arrears stop your benefits.
Open calculatorDeparture Insurance & Workplace Change
For employment-permit workers: the severance shortfall to claim before you leave, and how many workplace changes remain.
Open calculatorUnpaid Wages & Late-Payment Interest
The 20% statutory interest that runs on wages unpaid after you leave, and how long you have left to claim.
Open calculatorOvertime, Night & Holiday Pay, Annual Leave
The premium pay the law adds on top, the leave you have earned, and what is owed if you are dismissed without notice.
Open calculatorStudent Part-Time Job Tax
Tax and social insurance on a student part-time job, and the work permit you need before any of it matters.
Open calculatorMinimum Wage & Weekly Holiday Pay
Whether your hourly rate is legal, and what you are owed once weekly holiday pay is counted in.
Open calculatorResident or Non-Resident
Which one you are under Korean tax law, and whether your income from back home has to be reported here.
Open calculatorForeign Worker Take-Home Pay
Pay after tax and social insurance, plus whether you get your pension back when you leave.
Open calculatorForeign Worker Flat Tax (19%)
The 19% flat rate against normal progressive tax, and where it stops being worth it.
Open calculatorSME Young Worker Tax Relief
Income tax relief for young employees at small and medium firms.
Open calculatorYear-End Tax Settlement
Your refund or extra bill in February, estimated before it arrives.
Open calculatorEarned Income Tax Credit
The refundable credit for low-income households.
Open calculatorSeverance Pay Tax Calculator
Tax on a lump-sum severance payment, softened by years of service.
Open calculatorHousing Savings Deduction
Deduction on deposits into a housing subscription savings account.
Open calculatorSpouse's Birth and Fertility Treatment Leave
What employment insurance pays for spouse's birth leave and fertility treatment leave, and what the employer must pay.
Open calculatorSpouse's Miscarriage and Stillbirth Leave
Three paid days out of five when a spouse has a miscarriage or stillbirth, and the 20-day window to claim it. In force from 18 September 2026.
Open calculatorHourly Rate From Monthly Pay
Work the hourly rate backwards from what you are paid a month, and see whether it meets the minimum wage.
Open calculatorMonthly Take-Home Pay
What reaches your account after the four social insurances and withheld income tax, using the official simplified withholding table.
Open calculatorGross Salary from Take-Home Pay
The gross monthly salary you need to end up with a target take-home amount, adding back the four social insurances and withheld income tax.
Open calculatorReduced Working Hours Benefit
What employment insurance makes up when you cut hours for childcare, split between the first 10 hours and beyond.
Open calculatorMaternity Leave Benefit
What employment insurance covers over maternity leave and what the employer has to make up.
Open calculatorParental Leave Benefit
What parental leave pays month by month, and what the both-parents and single-parent schemes add.
Open calculatorUnemployment Benefit
The daily job-seeking benefit and the number of days payable after leaving a job, and whether you land on the floor or the ceiling.
Open calculatorMortgage Interest Deduction
Deduction on long-term mortgage interest, by loan term and rate type.
Open calculator
Where to start
Year-End Tax Settlement
See the whole picture first. It shows which deductions move the result most.
Card Spending Deduction · Monthly Rent Tax Credit
There are many deduction calculators and you do not need them all. Look only at the ones you have. Card spending, rent, subscription savings, medical costs, donations and pension savings tend to be largest, in roughly that order.
Monthly Take-Home Pay
Once you know the refund, check what next year's take-home pay will be.
Treat income deductions and tax credits as the same and you misjudge their size
An income deduction reduces the income that is taxed; a tax credit reduces the tax itself. For the same ₩1M, the tax credit is usually worth more. Without knowing which is which, you cannot decide what to claim first.
Not in this group
- Global income tax for business owners and freelancers
- That is Business. Year-end settlement settles employment income the employer withheld.
- Tax on shares and deposits
- That is Investments. Financial income goes to the May global income tax return, not the year-end settlement.
The law this group rests on
The provisions reflected across these 34 calculators. Statute names stay in Korean so you can look them up; when one changes, every calculator listed here moves with it.
- 국민연금법 제88조
- 국민건강보험법 시행령 제44조
- 노인장기요양보험법 시행령 제4조
- 고용산재보험료징수법 시행령 제12조
- 소득세법 제52조제4항
- 조세특례제한법 제95조의2
- 소득세법 제59조의3
- 조세특례제한법 제126조의2
- 소득세법 제59조의2
- 소득세법 제59조의4
- 조세특례제한법 제58조
- 제76조
- 소득세법 제59조의4제4항
- 산업재해보상보험법 제6조
- 산업재해보상보험법 제40조
- 산업재해보상보험법 제52조
- 산업재해보상보험법 제112조
- 국민건강보험법 제109조
- 국민건강보험법 제6조
- 외국인근로자의 고용 등에 관한 법률 제13조
- 외국인근로자의 고용 등에 관한 법률 제18조
- 외국인근로자의 고용 등에 관한 법률 제25조
- 근로자퇴직급여 보장법 제8조
- 근로기준법 제36조
- 근로기준법 제37조
- 근로기준법 시행령 제17조
- 근로기준법 제49조
- 근로기준법 제109조
- 근로기준법 제11조
- 근로기준법 제56조
- 근로기준법 제60조
- 근로기준법 제26조
- 소득세법 시행령 제20조
- 소득세법 제47조
- 국민연금법 시행령 제2조
- 고용보험법 제10조
- 출입국관리법 제20조
- 출입국관리법 제94조
- 최저임금법 제3조
- 최저임금법 제5조
- 최저임금법 제6조
- 최저임금법 시행령 제3조
- 근로기준법 제55조
- 근로기준법 제6조
- 소득세법 제1조의2
- 소득세법 제3조
- 소득세법 시행령 제2조
- 소득세법 시행령 제4조
- 국민연금법 제126조
- 국민연금법 제77조
- 고용보험법 제10조의2
- 조세특례제한법 제18조의2
- 조세특례제한법 제30조제1항
- 소득세법 제47조제1항
- 제50조제1항
- 제55조제1항
- 제59조
- 조세특례제한법 제100조의5
- 제100조의3
- 제100조의29
- 소득세법 제48조
- 소득세법 제55조제2항
- 조세특례제한법 제87조제2항
- 남녀고용평등법 제18조의2
- 남녀고용평등법 제18조의3
- 고용보험법 제76조
- 남녀고용평등법 제18조의4
- 고용보험법 제75조
- 최저임금법 시행령 제5조
- 소득세법 제134조
- 소득세법 시행령 제189조
- 소득세법 시행령 별표 2
- 소득세법 제134조제1항
- 소득세법 시행령 제189조제1항
- 지방세법 제103조의13제1항
- 고용보험법 제73조의2
- 고용보험법 시행령 제104조의2
- 근로기준법 제74조
- 고용보험법 시행령 제101조
- 고용보험법 제70조
- 고용보험법 시행령 제95조
- 고용보험법 시행령 제95조의3
- 고용보험법 제40조
- 고용보험법 제45조
- 고용보험법 제46조
- 고용보험법 시행령 제68조
- 고용보험법 별표 1
- 소득세법 제52조제5항
- 제52조제6항
Effective dates and amendment history are in Basis, and what is about to change is in Upcoming.

































