July and September each year are property tax payment periods. In July, you pay 1 installment, and in September, you pay 2 installments for the house and land.
Let’s learn about the property tax payment period, inquiry, payment method, and benefits of paying property tax with a credit card.
재산세 조회
september property taxes
What is property tax?
It is a tax levied on certain property. Property tax is a district, city, and county tax among local taxes and is an ordinary tax. Property tax is taxable on land, buildings, houses, and ships, and the place of tax payment is based on the location of the land, the location of the building, the location of the house, and the shipping port of the vessel. This is a tax that must be paid annually if you own property such as a house, land, buildings, or ships.
Property tax inquiry and payment method
September property tax inquiries can be viewed at the location indicated by the red arrow on the Witax website.
You can view September property taxes by clicking the red button below.
Go to September property tax inquiry and payment
Witax Capture
You can view September property taxes by clicking the red button below.
Go to September property tax inquiry and payment
September property taxes can be viewed and paid on both PC and mobile WiTax.
You can click on property tax (house 2, mood, land) to view and pay.
Property tax payment period
● The 1st installment payment period is from July 16th to July 31st every year.
● 2 The payment period is from September 16th to September 30th every year.
The payment period for the second quarter of 2023 is September 16 – October 4.
● The building payment period is from July 16th to July 31st, which is the same as the 1st period payment period.
● The land payment period is September 16th to September 30th.
● The payment period for aircraft and ships is July 16 to July 31.
If property tax is not paid, an additional tax will be assessed.
If payment is not made by the due date, a 3% penalty will be imposed, and there is a 45% penalty for up to 60 months, so we recommend that you make sure to pay within the payment period.
Property tax installment payment
If you find it difficult to pay your property tax all at once, please note that payment in installments is also possible.
You can apply for property tax installment payment at the location marked in red in the photo below.
You can apply for September property tax installment payment by clicking the red button below.
Click here to pay property tax in installments
Witax Capture
If the total amount of property tax (main tax) notified by local government exceeds 2.5 million won, this is a service that allows you to split a portion of the tax amount and apply for payment within 2 months from the day after the due date. (Change to 2.5 million won from 2020, previously 5 million won)
* Example: When applying for installment payment on July 16, the first payment due date (July 31), the second payment due date (September 30)
1. Installment payment application instructions
① Only Witax members (individuals/corporations) are eligible to apply. Non-members and proxy applications are not permitted.
② Property tax notice application is available 24 hours a day from the 16th to the 25th of the month (July/September). (If you miss the application deadline, please contact the local government in charge.)
③ You can apply nationwide at Witax without regional restrictions.
2. Information on tax amount for application for installment payment
① You can apply if the total property tax amount (main tax) for each local government exceeds 2.5 million won, but you cannot apply if it is less than that.
-> Total property tax (main tax) is 5 million won or less: The first payment amount is at least 2.5 million won
(Example: In the case of 5 property taxes in Jongno-gu, Seoul, 3 million won, 1st: 2.5 million won, 2nd: 500,000 won)
-> Total property tax (principal tax) exceeds 5 million won: The amount less than 50/100 is paid in two installments.
(Example: In the case of 5 property taxes in Gangnam-gu, Seoul, 5 million won, 1st: 2.5 million won, 2nd: 2.5 million won)
※ The first payment amount can be adjusted, but only upward adjustment is possible. (The second amount cannot be greater than the first amount.)
② Applications for automatic payment are included in the first installment, and applications for installments are required when changing general payment. (However, the city of Seoul cannot change the general payment through Witax, so please change it through the local government having jurisdiction.)
3. Precautions when applying for installment payment
① Administrative districts (district offices in areas other than special/metropolitan cities) can apply by adding up the property tax at the city level, but in the case of autonomous districts excluding administrative districts, you can apply by adding up the property tax at the district level.
-> Autonomous districts: Special/metropolitan cities, Sejong City, Jeju Island
(Example: Jongno-gu, Seoul or Gangnam-gu, Seoul -> apply for each category)
-> Administrative district: Rest of the area excluding autonomous districts
(Example: Deokyang-gu, Goyang-si or Ilsandong-gu, Goyang-si -> Combined application for Goyang-si, Gyeonggi-do)
② A trust company can only apply for division of its own assets. (Online application for trust property is not possible)
③ Property tax deducted by applying for electronic delivery of the bill cannot be applied for installment payment, so please request reconsideration with the amount before tax deduction from the person in charge of the local government in charge and then apply for installment payment.
Interest-free property tax credit card payment benefits
If you pay your property tax with a credit card, you can receive an interest-free installment service and receive points, coupons, and cashback benefits, so please keep this in mind if you have the card.
● BC Card
● Woori Card
● Nonghyup Card
● Hyundai Card