How will the year-end tax settlement that must be prepared every year change in 2024?Check it out through this app[2024 year-end tax settlement changes]1) Simplification of basic deduction limit section2) Deduction limits are given to traditional markets/public transportation/books, performances, etc. → Changed to combined3) Movie admission fees are added to the cost of books, performances, etc.4) Expansion of 40% → 80% for traditional markets/public transportation in the second half of 2022 (temporary increase, deduction limit of 1 million won)However, workers whose total salary exceeds 70 million won cannot receive a deduction for cultural expenses. This will take effect from 2024.Check various income deductions, tax reductions, and QNA within the app.[Disclaimer]- This app is not an official app representing any government or political organization. This app was created by an individual to provide quality information, and we assume no responsibility.[Information Source]- Source: Korea Policy Briefing website (https://www.korea.kr)