190,000 people in one house who paid the final tax last year… 50% increase in one year

Input 2020.12.29 12:20 | Revision 2020.12.29 12:37

Average annual salary of an employee of 3,760,000 won… 850,000 people exceeding 100 million won

It was found that the number of single houses who paid the comprehensive real estate tax (deposit tax) last year was 19,2185, an increase of 50.9% from 2018 (12,7369). The ending tax they paid has more than doubled from 71.8 billion won in 2018 to 146 billion won last year. The number of multi-homed people (two houses or more) who paid the tax tax increased 22.2% from 265,874 in 2018 to 32,4935 last year, and the tax paid by them increased 117% from 3714 billion won to 806.3 billion won.

According to the 2020 National Tax Statistical Yearbook released by the National Tax Service on the 29th, a total of 592,000 people paid the comprehensive real estate tax last year, an increase of 27.7% from 2018. The amount of tax determined for the final tax was 3,72 trillion won, up 60.2% from 2018 (1,8773 trillion won).

A total of 517,120 people paid the tax on housing, an increase of 12,3877 people (31.5%) from the previous year (39,3243 people). The total determined tax amount was 952.4 billion won. By region, Seoul 57.1% and Gyeonggi 22.6% accounted for about 80% of the total taxpayers. The government has begun imposing tax on multi-homeowners through real estate measures announced on September 13, 2018.

The number of assets subject to vested capital gains tax in 2019 reported last year was 992,000, down 4.6% from the previous year (1039,000). By asset type, the number of reports on housing and real estate rights decreased by 18.3% and 20.5%, respectively. The land was reduced by 7.2% and other buildings by 12.5%. Only the number of reports on stocks increased by 91.7%.

The average transfer price of a house that reported a transfer tax due to the taxation of the transfer tax (below taxation, excluding tax for one-family, one-family house) was 348 million won, an increase of 2.3% from the previous year. The average transfer price by housing location was in the order of Seoul (78 million won), Gyeonggi (212 million won), and Daegu (299 million won).

A total of 19.1 million people reported year-end settlement of their earned income last year, an increase of 3.1% from the previous year (18.58 million people), and their average salary per person was 37,000 won. This is an increase of 2.7% from the previous year (36.47 million won).

The total salary exceeded 100 million won was 852,000, up 6.2% from the previous year (802,000), accounting for 4.4% of the total. This is the result of an increase of 0.1 percentage points over the previous year. Among those who filed for year-end settlement, 7.75 million people did not pay taxes due to low income, accounting for 36.8% of the total. It decreased by 2.1%p compared to the previous year (38.9%).

Last year, the number of comprehensive financial income taxable for filing a comprehensive income tax in excess of 20 million won was 159,000, an increase of 30,000 (23.6%) from the previous year. Their average income was 267 million won, a decrease of about 20 million won (7.1%) from the previous year. The number of people with financial income exceeding 500 million won was 4810, an increase of 5.6% from the previous year (4556), and the average per capita income was about 2.9 billion won, an increase of 4.4% from the previous year.

There were 7.46,000 daily wage earners, and their average gross income per capita was 8,07 million won, a slight decrease from the previous year (8.10 million won).