Government support and policy

Auto Select · publishedHomeplus-Affected Small Businesses: Repayment Deferral Application Procedures Differ for Direct and Bank-Intermediated Loans

Homeplus-Affected Small Businesses: Repayment Deferral Application Procedures Differ for Direct and Bank-Intermediated Loans

Small business owners affected by Homeplus must first check whether their existing policy loan is a direct loan or a bank-intermediated loan when applying for repayment deferral. Direct loan borrowers apply through the Small Business Policy Funds website and then execute a revised loan agreement, while bank-intermediated loan borrowers must obtain a confirmation certificate and complete additional procedures with their financial institution or other relevant organization. In particular, borrowers with guarantee-backed bank-intermediated loans may need to extend the guarantee period through the guarantee institution before visiting their bank.

Government support and policyAutomatic analysisInternal SEO 88Views 192026-10-06 17:00:52

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#Homeplus#Affected Businesses#Small Business Owners#Repayment Deferral#Direct Loans

Auto Select · publishedHomeplus-Affected Small Businesses: Which In-Store Tenants and Suppliers Qualify for the 12-Month Policy Loan Repayment Deferral?

Homeplus-Affected Small Businesses: Which In-Store Tenants and Suppliers Qualify for the 12-Month Policy Loan Repayment Deferral?

As of 2026-10-06, small businesses affected by Homeplus, including in-store tenants and suppliers, are eligible for support if they hold small business policy loans and are currently repaying principal or have loans maturing within 2026. Eligible borrowers can extend their loan maturity by 12 months. During the deferral period, principal payments are suspended, but interest must continue to be paid as usual. Therefore, eligibility is not limited to businesses operating inside Homeplus stores.

Government support and policyLatest IssuesInternal SEO 94Views 202026-10-06 11:02:02

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#Homeplus#Affected Businesses#Small Businesses#Policy Loans#In-Store Tenants

Auto Select · publishedDo Those Born in 2009 Have to Pay National Pension Contributions Every Month After Receiving Support for Their First Payment? No Further Payments Are Required After 1 Month

Do Those Born in 2009 Have to Pay National Pension Contributions Every Month After Receiving Support for Their First Payment? No Further Payments Are Required After 1 Month

People born in 2009 who receive the 'First Lifetime Pension Contribution Support for Young People' do not have to continue paying National Pension contributions from the following month. The National Pension Service explains that they are treated as having been enrolled for only the first 1 month, so no further payments are required. What matters more than the initial monthly contribution of around KRW 41,000 is establishing a first contribution record at age 18. Afterward,

Government support and policyAutomatic analysisInternal SEO 91Views 232026-10-06 09:01:07

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#Born in 2009#National Pension#Insurance Contributions#Financial Support#Monthly

Auto Select · published2026 Earned Income Tax Credit: When Will You Receive Payment If You Apply After the Deadline? Payment Within 4 Months of Applying

2026 Earned Income Tax Credit: When Will You Receive Payment If You Apply After the Deadline? Payment Within 4 Months of Applying

If you applied for the 2026 Earned Income Tax Credit after the regular application deadline, the general rule is that payment will be made within 4 months of your application date, rather than on a single fixed date for all applicants. Therefore, applying in October does not necessarily mean you will receive payment in December. You need to consider both your application date and the progress of the National Tax Service's review. This is an important distinction for people who missed the regular application period and learned that they can still apply until December 1.

Government support and policyAutomatic analysisInternal SEO 90Views 202026-10-05 07:00:36

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#Earned Income Tax Credit#Deadline#Applying#When#Payment Arrival

Auto Select · publishedMissed the 2026 Regular Earned Income Tax Credit Application? You Can Still Apply Until December 1, but Late Applications Are Reduced by 5%

Missed the 2026 Regular Earned Income Tax Credit Application? You Can Still Apply Until December 1, but Late Applications Are Reduced by 5%

Missing the May 2026 regular application period does not mean you have lost your chance. For the earned income tax credit attributable to 2025, late applications can be submitted until 2026-12-01, and applicants receive 95% of the credit calculated after review. This means a 5% reduction compared with a regular application. As of 2026-10-05, the important deadline is December 1, not November 30.

Government support and policyLatest IssuesInternal SEO 92Views 312026-10-05 01:02:23

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#Earned Income Tax Credit#Regular Application#Missed the Application#Deadline#Application

Auto Select · publishedIf You Already Have a Youth Leap Account, Is It Better to Switch to the Youth Future Savings Plan in 2 Round?

If You Already Have a Youth Leap Account, Is It Better to Switch to the Youth Future Savings Plan in 2 Round?

As of 2026-10-04, Youth Leap Account holders can switch to the Youth Future Savings Plan through its 2 recruitment round. However, switching is not necessarily the best choice for everyone. You need to consider whether you qualify for the preferential Youth Future Savings Plan, how much time remains until your Youth Leap Account matures, and how much you can realistically contribute each month under the KRW 500,000 and KRW 700,000 limits. In particular, this switch

Government support and policyLatest IssuesInternal SEO 94Views 302026-10-04 07:02:19

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#Youth Leap Account#Enrollment#If Already Enrolled#Youth Future Savings Plan#Second Round

Auto Select · publishedIs 3 Times the Limit for 2026 Small Business Policy Loans? Special Management Stabilization Funds Don't Count

Is 3 Times the Limit for 2026 Small Business Policy Loans? Special Management Stabilization Funds Don't Count

In 2026, additional small business policy loans are generally restricted for businesses that have received support 3 or more times within the past 5 years. However, not every policy loan received in the past counts toward the 3-time limit. Special Management Stabilization Funds are excluded from the support count, and exceptions allow 1 additional round of support for facility financing or borrowers who have faithfully repaid direct loans and meet certain requirements. 20

Government support and policyAutomatic analysisInternal SEO 92Views 452026-10-04 01:01:11

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#Small Business Owners#Policy Funding#3 Times#Having Received Funding#Is That the Limit?

Auto Select · published2026 Small Business Policy Funds 5th Revision: Will the New Terms Automatically Apply to Existing Applicants?

2026 Small Business Policy Funds 5th Revision: Will the New Terms Automatically Apply to Existing Applicants?

The 5th revision to the 2026 small business policy funding program is not an announcement that uniformly changes the terms for all applicants. The key confirmed change as of October 1 is preferential disaster relief loan terms for small businesses affected by disasters in Geoje and Tongyeong. The published amendments do not indicate that the new terms will be applied retroactively to all existing applications. Therefore, if you have already applied, what matters is not simply whether you are an existing applicant, but

Government support and policyLatest IssuesInternal SEO 94Views 272026-10-03 23:02:35

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#Small Businesses#Policy Funding#5th Revision#Changes#Applicants

Auto Select · publishedDo You Have to Pay the October VAT Advance Assessment Again in January? How the Deduction Works When Filing Your Final Return

Do You Have to Pay the October VAT Advance Assessment Again in January? How the Deduction Works When Filing Your Final Return

If you paid the VAT advance assessment in October, you do not have to pay the same tax again when filing your final return in January 2027. The advance assessment amount already paid is deducted as tax previously paid, and you pay only the remaining balance after subtracting that amount from the VAT calculated on your total business activity for 7–December. In other words, the payment in October is not an additional tax but an advance payment that is settled through the next final VAT return.

Government support and policyAutomatic analysisInternal SEO 90Views 292026-10-03 11:00:57

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#VAT#Advance Assessment#Do You Have to Pay#Final VAT Return#Deduction

Auto Select · published2026 Energy Voucher Happiness Card Payment Declined? Check Your Balance, Participating Merchants, and Kerosene Code First

2026 Energy Voucher Happiness Card Payment Declined? Check Your Balance, Participating Merchants, and Kerosene Code First

The National Happiness Card for the 2026 winter Energy Voucher program can be used starting October 3, but payments may still be declined even if you have the card. First, check your voucher balance, whether the merchant is registered to accept Energy Vouchers, the eligible purchase items and payment method, and your voucher's usage status. Unlike ordinary credit or debit card payments, Energy Vouchers are subject to restrictions on eligible energy sources and participating merchants.

Government support and policyAutomatic analysisInternal SEO 94Views 262026-10-03 07:00:52

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#Energy Voucher#National Happiness Card#Payment#Balance#Participating Merchants