Tax

Credit Card Sales Tax Credit (1.3% per Year, Limit KRW 10,000,000, 신용카드 등 매출세액공제): How to Apply, Amount & Eligibility (2026)

VAT credit of 1.3% of card and cash receipt sales for small individual business owners serving consumers (up to KRW 10,000,000 per year)

This page is a translation of the Korean original and is for reference only. The official Korean guidance is the authoritative source for amounts and conditions, so be sure to confirm on the official website before applying. View Korean original (한국어)

Benefit: Individual business owners with a previous year's supply value of KRW 1 billion or below (retail, restaurants and other consumer-facing industries) and some simplified taxpayers can deduct 1.3% of amounts paid by credit card or cash receipt from tax payable, with an annual limit of KRW 10,000,000. Applies until 2026.12.31, and from 2027 the rule is 1% and a KRW 5,000,000 limit.
Who is eligible: Individual business owners with a previous year's supply value of KRW 1 billion or below (consumer-facing industries), etc.
When to apply: Reflected when filing VAT (general taxpayers in January and July)
How to apply: Enter the credit card sales slip issuance tax credit when filing VAT on Hometax (홈택스) · National Tax Service 126
Important notes: Preferential rate for amounts issued or paid through 2026.12.31 (from 2027: 1% / KRW 5,000,000).
Note: Corporate businesses and individual business owners with a previous year's supply value above KRW 1 billion are excluded. Simplified taxpayers are calculated in a different way. Whether it is extended beyond 2027 depends on tax law amendments.

Go to the official guide →

Based on official sources as of 2026년 10월. Amounts and requirements may change, so please confirm with the official guide before applying.

Frequently asked questions

Credit Card Sales Tax Credit (1.3% per Year, Limit KRW 10,000,000, 신용카드 등 매출세액공제): who can receive it?

Individual business owners with a previous year's supply value of KRW 1 billion or below (consumer-facing industries), etc.

Credit Card Sales Tax Credit (1.3% per Year, Limit KRW 10,000,000, 신용카드 등 매출세액공제): how do I apply?

Enter the credit card sales slip issuance tax credit when filing VAT on Hometax (홈택스) · National Tax Service 126

Credit Card Sales Tax Credit (1.3% per Year, Limit KRW 10,000,000, 신용카드 등 매출세액공제): how much will I receive?

Individual business owners with a previous year's supply value of KRW 1 billion or below (retail, restaurants and other consumer-facing industries) and some simplified taxpayers can deduct 1.3% of amounts paid by credit card or cash receipt from tax payable, with an annual limit of KRW 10,000,000. Applies until 2026.12.31, and from 2027 the rule is 1% and a KRW 5,000,000 limit.

Credit Card Sales Tax Credit (1.3% per Year, Limit KRW 10,000,000, 신용카드 등 매출세액공제): when can I apply?

Reflected when filing VAT (general taxpayers in January and July)