Simplified taxpayer payment-exemption line
₩48,000,000KRW, supply value for the period
Below this, no VAT is payable — but the return must still be filed. Filing is what establishes the exemption, and missing the deadline is penalised on its own.
- Applies to
- Simplified VAT taxpayers
- Review cadence
- Checked once a year
What we have recorded
- 2026-08-31₩48,000,000
Exempt from paying, not from filing.
National Tax Service
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.