- Benefit
- Political fund donations: 100/110 for KRW 100,000 or less, 15% above KRW 100,000, 25% above KRW 30,000,000 (limit: earned income amount). Special donations (national defense contributions, disaster relief, etc.) have a limit of the full earned income amount; employee stock ownership association donations 30%; general donations 30% of earned income amount (10% for religious organizations). Special, employee stock ownership and general donations: 15% (30% for the portion above KRW 10,000,000).
- Who is eligible
- Donations paid by the employee and by dependents who are basic deduction persons
- When to apply
- Year-end tax settlement (January-February)
- How to apply
- Automatically looked up on Hometax simplified service; for missing items, submit donation receipts to your company
- Important notes
- Expenses for the year. If not on the simplified service, submit receipts separately
- Note
- Political fund, Hometown Love and employee stock ownership association donations cannot be carried forward and only amounts paid by the worker themselves are deductible. Amounts over the limit can be carried forward for 10 years only for general and special donations.
Based on official sources as of 2026년 10월. Amounts and requirements may change, so please confirm with the official guide before applying.