Easily Submitting a Simplified Payment Statement by Yourself! (Detailed Hometax Guide)

Finding the submission of a simplified payment statement complicated and difficult? However, using the National Tax Service's Hometax system, anyone can easily submit it. This article will guide you step-by-step through the process of submitting a simplified payment statement, and even explain how to create an Excel file, helping you achieve a complete understanding.

Why should I submit a simplified payment statement?

A simplified payment statement is a document that records the fact that income has been paid. It must be submitted along with the withholding tax return, and failure to submit it may result in surcharges, so it must be submitted by the deadline.

What is the deadline for submitting a simplified payment statement?

It must be submitted by the end of the month following the month in which the income was paid. For example, if income was paid in August, it must be submitted by September 30.

What are the disadvantages of submitting a simplified payment statement late?

• Late Submission Surcharge: Imposed if submitted within 1 month
• Non-submission Surcharge: Imposed if submitted after more than 1 month
• Surcharge for Unclear or Inaccurate Submissions: Imposed if incorrect information is entered

How to submit a simplified payment statement through Hometax

🔗 How to Submit a Simplified Payment Statement

1. Log in to the National Tax Service Hometax: Access the website and log in with your ID and password.
2. Select the (Daily/Simplified/Service) Income Data Submission menu: Click on the relevant menu.
3. Select Simplified Payment Statement: Select the simplified payment statement that matches the type of income.
4. Fill in details: Enter the recipient's personal information, payment amount, etc.
5. Upload Excel file: If you need to enter information for many people, you can use an Excel file for convenient registration.
6. Submit: After entering all the information and reviewing it for errors, submit.

How to create an Excel file

Use the Excel format provided by the National Tax Service Hometax: You must use the format provided by Hometax.

Enter accurate information: You must accurately enter the resident registration number, payment amount, etc.

Enter without decimal points: The payment amount must be entered as an integer without decimal points.

Verify for errors: After uploading the Excel file, you must check for errors.

Frequently Asked Questions (FAQ)

Are simplified payment statements and withholding tax returns different?

Yes, a simplified payment statement records the fact that income has been paid, while a withholding tax return reports the tax on the income paid.

What should I do if creating an Excel file is difficult?

You can contact the National Tax Service Hometax customer center or ask a tax accountant for help.

Is there a way to get a reduction if I submit the simplified payment statement late?

Generally, surcharges are imposed if the payment deadline is missed, so it is difficult to get a reduction.

Conclusion

Submitting a simplified payment statement may seem complicated, but using Hometax and an Excel file, anyone can easily do it. Please refer to this article and submit your simplified payment statement accurately and quickly.