If you are an office worker paying monthly rent, did you know that you can receive a refund of up to 4.5 million won per year by paying your monthly rent with a credit card? You can apply for ‘Jaritalk monthly rent refund’, which allows up to 17% tax deduction at year-end tax settlement.
Total salary Comprehensive income amount Monthly rent refund Tax deduction rate
Exceeding 55 million won
~
Less than 70 million won Less than 60 million won 15%
Less than 55 million won Less than 45 million won 17%
Jaritalk monthly rent refund is a system to reduce the tax burden of tenants (renters) living in a house. You can apply for a Jari Talk monthly rent refund through the Jari Talk website or dedicated app. JariTalk is a convenient platform that allows you to report the confirmed date without visiting a community center or obtaining a public certificate, and even automatically issues bills to prevent rent arrears. In particular, if you use Jari Talk, you can pay your monthly rent with a card. You can solve the burden of paying rent when you don’t have cash.
Today, we will look at reviews, conditions, and how to apply for the Jarari Talk monthly rent refund, which allows you to conveniently pay the monthly rent, which is always a burden, by card, and even receive a refund through deduction later. The refund application period is up to 5 years, so make sure you have all your records from previous years and apply as soon as possible! For those of you who are in a hurry, I will leave a link to apply for a monthly rent refund in Jaritak, so please download it right away.
Go to JariTalk official website
Download JariTalk app for iPhone
Download JariTalk app for Android
Jaritalk monthly rent refund review
Let’s take a look at the review of Jaritalk’s monthly rent refund.
Reviews of ZariTalk monthly rent refund can be found on the ZariTalk dedicated app. Currently, there are approximately 1,147 reviews registered for iPhone alone and approximately 6,400 reviews for Android (as of August 6, 2023).
1) iPhone app user reviews
– This is a good app as it immediately informs you of the criteria for obtaining compensation once you install the app and obtain room information.
– I was able to take a breather by being able to pay my rent with a credit card.
– It is very convenient because monthly rent can be paid by credit card. The process is easy and there is no need to notify the landlord, which is the best.
– There are times when you can’t do it because you don’t know about the monthly rent tax deduction or because the landlord doesn’t do it. However, if you pay the monthly rent with a card (via the Jari Talk app), you can receive the monthly rent tax deduction by keeping the proof.
2) Android app user reviews
– The interface is clean and processing is quick and easy. The monthly rent was a burden, but thanks to this, it is being relieved.
– I really like that they notify me via KakaoTalk in advance of the monthly rent payment date and even allow credit card payments and installments.
– I’m so happy that I found out about the Zari Talk app that allows monthly rent payment by credit card, which makes tax management easier and frees up cash.
– Monthly rent payment records are kept in detail, so it is easy to report taxes later.
condition
Let’s take a look at the terms and conditions of Jaritalk monthly rent refund.
The conditions for receiving a monthly rent refund are through tax deduction and income deduction. Among the two, tax credits are generally more advantageous for monthly rent refunds. This is because the monthly rent refund amount is larger if you meet the tax credit conditions. We recommend that you try the tax deduction conditions first, and if they do not apply, try the income deduction conditions as the next best option.
1) Conditions for monthly rent refund and tax deduction
Workers who meet the conditions below and whose annual gross salary is between KRW 55 million and KRW 70 million can receive a 15% tax credit up to a maximum of KRW 7.5 million per year. Those whose total salary is KRW 50 million or less can receive a tax credit of up to 17%, up to a maximum of KRW 7.5 million per year.
– Those who have completed the residence move-in report (the address on the rental agreement and the address on the move-in report must match)
– Workers whose annual gross salary is 70 million won or less (comprehensive income amount is 60 million won or less per year)
– Residents of houses with a national housing size of 85 square meters or a residential area of 25.7 pyeong or less and a standard market value of KRW 300 million (KRW 400 million after January 1, 2023)
– If the head of the household and all household members are homeless and have not received housing-related deduction benefits
2) Conditions for monthly rent refund and income deduction
If you do not meet the above tax deduction conditions, you must apply for income deduction by issuing a cash receipt for monthly rent. The conditions for income deduction are not as strict as those for tax deductions. You can apply for an income deduction regardless of whether you have reported moving in or not. You can apply for an income deduction regardless of the size or standard market price of the house you live in, and regardless of whether you own the house or not.
How to apply
We will explain how to apply for a monthly rent refund.
There are two ways to receive a monthly rent refund: applying for a tax credit or applying for an income deduction.
1) Apply for monthly rent refund tax credit
1. Access the JariTalk website or download the app
Go to JariTalk official website
Download JariTalk app for iPhone
Download JariTalk app for Android
2. Select ‘Tenant (Tenant)’
3. Select ‘Start renting with KakaoTalk’
4. Select ‘Refund of 4.5 million won in monthly rent’
5. Enter rental type and rental cost
6. Select ‘Check amount’
7. Select contract start date and end date
8. Enter the name of the building you live in, room number, and the tenant’s name.
9. Enter the landlord’s contact information (if you do not have one, enter the room information and select ‘This is a public rental housing’)
10. Ask the landlord to confirm the tenant
11. Confirm calculated refund amount and complete application
2) Apply for monthly rent refund income deduction
Those who do not meet the conditions for applying for a monthly rent refund tax credit must apply for a monthly rent refund as an income deduction at Hometax.
Income deduction for monthly rent can be applied for through year-end tax settlement and correction request. At this time, inconveniences such as communication with the landlord (lessor) may arise. Most landlords do not want to issue monthly rent cash receipts because income tax will be incurred when reporting monthly rent income. When income taxes are incurred, landlords will increase their monthly rent costs. In order to solve this problem, you can solve the inconvenient problem by applying for monthly rent income deduction through ‘correction request’. A request for correction refers to a request for correction of information that has been reported within the year-end tax settlement period but has been reported with a small amount due to missing portions. In other words, you can receive a refund of monthly rent if you apply for correction after the end of the rental period. More detailed information can be found below.