“I need to know my taxes so I can protect my salary and retirement!”

From calculating annual salary to tax-saving investments, for beginners who don't want to lose money.
Tax classes at eye level from a practicing young tax accountant

"I want to manage my money, but I can't even imagine learning about taxes!" Anyone from Generation Z who's just starting to understand finance can relate.
Year-end tax settlements are always a bit confusing, and even when the news is buzzing about inheritance tax or gift tax, I just pretend not to know anything and move on. The moment I encounter English terms like ISAs or ETFs, all I get is a dizzying headache.
Is there really no such thing as a friendly content that covers everything from salary calculations to tax-saving investments for complete beginners?

For beginners who are curious about financial management but feel insignificant when faced with taxes, the author, a young tax accountant who provides tax consultations all day, has rolled up his sleeves.
If you feel anxious because you feel like 'all your friends are doing well, but somehow you're falling behind,' open this book right now.
From tax terminology no one tells you about to valuable pension management tips, to tips you should know before starting your N-job, to explanations of tax issues that have become common knowledge, you'll find yourself with a sharpened perspective on economics and finance as you carefully flip through the pages.

This book is like a first lesson for those who don't even know the basics of taxes.
I wrote this in a friendly manner, hoping that those who are confused about how the calculations are done every year when filing their year-end tax settlement, and those who just vaguely understand and pass over words like "gold investment tax" or "gift tax" as if they were listening to someone else's story, will feel a little less unfamiliar with taxes.

--- p.6

Tax savings are an area that business owners and building owners are very keen on.
To you, this may feel like a story that is 'far from me'.
But just as taxes are ubiquitous in our lives, valuable tax-saving tips are also hidden alongside them.
Let's not just sit back and watch someone else's tax audit, thinking, 'They're taking this much money...'
From tax-saving accounts for ordinary citizens to the year-end tax refund law that has been so confusing, let's take a look!

--- p.47

If you're planning a salary negotiation, it's a good idea to calculate how much money your company will (or will) spend on you.
Because the power to judge whether the salary I am asking for is appropriate is directly related to the power of negotiation.
The amount that the company actually considers during negotiations is not the 'pre-tax salary', but the amount that includes the four major insurances and retirement pay.

--- p.60

The young adults I met who were just starting out in society all had similar reactions whenever I brought up the topic of year-end tax settlement.
“I do whatever the company tells me to do, but I have no idea what they’re talking about,” and “I just submit things without even knowing if they’re right or not.”
Don't you feel the same way? During the year-end tax settlement season, you're probably constantly looking at your coworkers and gleaning information. Instead of quenching your curiosity, you're probably just filled with more questions each day.
The manager next to me seems to be getting a huge refund, but why is it that I only get 100,000 won? What are the deductions and the final tax amount? So what do they want me to do?

--- p.63

The pension stone pagoda, which prepares for old age, has a total of three floors.
The first floor is the national pension prepared in cooperation with the government, the second floor is the retirement pension prepared in cooperation with the company, and the third floor is the personal pension prepared by the individual.
If you build up this 'three-tier pension pagoda' during your youth when you have a strong income, your burden in retirement will be greatly reduced.

--- pp.84~85

Even if you go through a platform, if you consistently generate income that is considered business, you will be caught on the National Tax Service's radar.
When considering a side job, if you only think about income tax withholding rates like '3.3% or 8.8%', you could be hit with an unexpected value-added tax bomb of 10%.
If you want to start a full-fledged side business, you need to consider whether you will be seen as a businessperson.

--- pp.119~120

In fact, questions from N-jobbers with fixed jobs will eventually be directed here.
Do companies even know about the side jobs we do? Could it be that they know everything but are pretending not to?
--- p.120

But doesn't that suddenly make you wonder? I've heard that it's impossible to access overseas products with an ISA account.
Now, this is where the concept of 'following' comes into play.
To follow means to follow.
In other words, saying that a domestically listed overseas ETF 'tracks the US Dividend Dow Jones Index' is the same as saying that 'it follows the basket that SUD invests in domestically.'
It's an indirect overseas investment.

--- p.181

We've talked a lot about money, but it's natural for young people in their 20s and 30s to not have a lot of money.
There are many cases where it has not even been 10 years since they entered the field of society.
It's hard to even save up for a house and apply for a subscription, let alone buy one.
So, when buying a house, people often rely on their parents' help.
You can acquire it by receiving or borrowing money directly from your parents, or by receiving a house from your parents as a gift.
But isn't there something illegal about this? It's just something that happens between family members anyway, and I'm a fresh graduate...
I wonder if the National Tax Service doesn't know either?
--- p.218

What about this scenario? What if Mr. Seongsil received 10 million won from his parents each month?
You spent about 1 million won on living expenses, but what if you also used it to put money in a savings account or installment savings account, buy stocks, or save diligently to buy real estate? In these cases, you'll be subject to gift tax.
Even if it is the same allowance, whether it can be gifted or not depends on whether it is spent directly on living expenses or whether there is money left over after living expenses to be saved and used for various financial activities.

--- p.244