64% of Workers Got Refunds Thanks to Tax Services
A clear trend shows employees preferring private services for tax refunds. A recent survey reveals that two out of three employees have experience receiving tax refunds through private tax assistance services, demonstrating a distinct prefe...
Editorial context: This article is part of Startup Korea's original market analysis coverage. It is written to explain startup trends, business model risks, and technology adoption signals for general information, not as investment advice.
A clear trend shows employees preferring private services for tax refunds. A recent survey reveals that two out of three employees have experience receiving tax refunds through private tax assistance services, demonstrating a distinct preference for filing comprehensive income tax through external services rather than in-house year-end tax adjustments.
According to a "Year-end Tax Adjustment Awareness Survey" conducted by Jarbis & Villains' Samjeomsam targeting 816 employees, 64.3% of respondents reported having refund experience through tax assistance services like Samjeomsam.
The evaluation of year-end tax adjustment accuracy averaged only 3.44 out of 5 points, with the "sufficient explanation from the person in charge" item scoring particularly low at 3.21 points, suggesting that satisfaction with in-house workplace services falls short of expectations.
Notably, 62.2% of employees were aware that comprehensive income tax filing could replace year-end tax adjustment, and among them, 43.1% had already experienced this through actual external services or tax accountants.
The main reasons employees preferred external services varied, including ▲convenience (18.5%) ▲handling of supplementary income (13.8%) ▲distrust in workplace year-end tax adjustment (12.6%) ▲expectation of higher refund amounts (11.4%).
Indeed, according to Samjeomsam's own data, approximately 1.72 million people, accounting for 47.7% of the 3.61 million employees who filed comprehensive income tax or inquired about refunds last year, were eligible for refunds. This strongly suggests that a significant number of deduction items may be missed during the in-house workplace year-end tax adjustment process. These results underscore the increasing importance of the digitalization of tax services and personalized tax management.
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