Increased tax and transfer tax from next year… Free high school education

The comprehensive real estate tax rate for housing will increase from January 1st.

The general tax rate rises from 0.5 to 2.7% to 0.6 to 3.0%. The tax rate applied to three or more houses or two houses in the area subject to adjustment is greatly increased from 0.6 to 3.2% to 1.2 to 6.0%.

The capital gains tax rate for short-term transactions or multi-homed people in the areas subject to adjustment will also increase to June 1.

The transfer tax rate is 70% for buying and selling houses that have been held for a short period of less than one year, and 60% for those held for more than one year and less than two years.

In the case of multi-homed residents in the area subject to adjustment, 20% points are added to the basic tax rate for those with two houses and 30% points for those with three or more houses.

The securities transaction tax rate is lowered from 0.1% to 0.08% for the KOSPI, from 0.25% to 0.23% for the KOSDAQ, and the standard for applying the simplified VAT tax increases from 48 million won to 80 million won in sales, widening the target.

From March 25, the Financial Consumer Protection Act comes into effect.

The six sales principles, including the suitability and adequacy principle, and the duty to explain, are mandatory for all financial products. Mandating the principle means imposing strong sanctions on financial companies in case of violation.

From next year, high schools will be converted to free education.

The free education applied to the second and third grades is expanded to the first grade. Parents of high school students do not have to pay admission fees, tuition fees, school management support fees, and textbook fees. It is expected that the tuition burden of about 1.6 million won per person per year will be reduced.

The revised Criminal Procedure Act, which abolished the investigation and command of the prosecutors, and established equal and cooperative relations between the prosecutors and the police, will take effect on January 1. It defines the police as the primary and general subject of investigation, and contains the content to send the case to the prosecution only when a criminal charge is admitted. It gave the police the right to terminate the primary investigation.

The self-governing police system will also be introduced from January 1st for resident-oriented security services. The areas in charge of the autonomous police include life safety, women and youth, and traffic affairs.

Countermeasures against domestic violence are strengthened.

Sanctions have been strengthened so that police officers dispatched to the scene of domestic violence can be arrested as current offenders if they begin a criminal investigation, and if they violate temporary measures such as a ban on access, they can be punished by imprisonment instead of fines.

The obligation to ban penal measures against victims of sexual violence is also strengthened. The types of penalties for victims of sexual violence are specifically defined in performance evaluation, education and training, and overall work environment as well as unfair personnel measures, and violations of obligations may result in imprisonment of up to three years and fines of up to 30 million won.

The owners of blind dogs must purchase liability insurance. This is a measure to compensate for damage to the life, body, or property of others caused by blind dogs.

The criteria for obligated dependents are relaxed.

This is a method that does not apply the criteria for those who are obligated to support living benefits to the elderly and single-parent beneficiaries. This is a measure to eliminate the major obstacles that have created a poverty blind spot.

The basic salary for the disabled pension rises to 300,000 won per month. The target is also expanded to all recipients of basic benefits for the disabled pension.

The basic pension is reorganized in such a way that a maximum of 300,000 won per month is paid to the bottom 70% of the income.

Soldiers’ salaries are up 12.5% ​​from this year. It is 608,000 won per month based on the sergeant.

From February next year, the standards for active duty soldiers will also change. It is to restore the standard of judgment that was temporarily strengthened in a situation where active duty soldiers are not enlisted. For example, a person with a tattoo on his whole body will be judged active from next year. The division of educational background also disappears.

From June, outstanding pop culture artists will be added to the deferral awards. For example, the idol group BTS (BTS) can postpone the admission until the age of 30.

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2020/12/28 10:00 sent