Monthly rent tax credit: rate by total salary
The one item that reduces the cost side of renting, and it is routinely left out of buy-versus-rent arithmetic entirely — which biases the comparison toward buying before any assumption about prices is made. Both the rate and the income bands are set by tax law and revised, so it needs a timeline rather than a number in a paragraph.
- Applies to
- Employees meeting the conditions, including a total salary of ₩80,000,000 or less, paying monthly rent on qualifying housing
- Review cadence
- Checked once a year
What we have recorded
- 2026-10-1117% ≤₩55M salary · 15% to ₩80M
A tax credit, deducted from tax payable, rather than a deduction from income — so the benefit does not scale with the marginal rate. Conditions attach beyond the salary test, including the housing itself and the identity of the payer. Deduct the credit from the annual rent figure before comparing it with the cost of owning, or the rental side is overstated every year of the model.
National Tax Service — monthly rent tax credit for employees
One reading so far. This becomes a history the first time the figure moves while we are watching — which is the part that cannot be reconstructed later.
Guides that depend on this figure
When this figure moves, every guide above needs the same edit. That is why it is tracked here rather than copied into each one.