Maximum and Minimum Base value, each employeeโs Base values are changed.
Effective from July 1, 2024
Changed BV are effective from July payroll report.
Rate : 4.5% each for Employee and Employer
Maximum BV : 6,170,000
Minimum BV : 390,000
Please feel free to contact us if you have any questions.
Best regards,
i-Admin Korea Inc.
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