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Career Venue => Contract, and Job Related Issues => Topic started by: macsa923 on May 07, 2020, 07:33:41 am

Title: Private Student Wants a Receipt
Post by: macsa923 on May 07, 2020, 07:33:41 am
Has anyone provided a private student with a receipt. His workplace is paying for the lessons so requires it. Will this involve me having to register as a business, or get a tutors license. Any advice welcome.
Title: Re: Private Student Wants a Receipt
Post by: get_me_dog on May 08, 2020, 06:27:03 am
It will require both.

If you are an "F" VISA holder or a Korean National no worries.

You go to your local NTS office and register you self as a sole proprietorship and "Tutor" you will be issued a Tax Number (a plastic card).
Then you will have to file Taxes, pay Health Care etc, just like any other Korean business but you will get number of tax breaks (i.e. cost of transportation is tax deductible).

It use to be that Tutors did not have to charge their clients VAT, but that may have changed and you should get your accountant to verify if you need to charge VAT.

You will need to do quarterly filings to keep up to date with NTS for VAT purposes.

Cheers
Title: Re: Private Student Wants a Receipt
Post by: fruitloops on May 11, 2020, 10:38:16 am
I don't know why but I found this title to be funny.

The whole point of "privates" is so that it's private LOL.
Now they want a receipt LOL.

Please do let us know if you quit with that private or decided to go public :)

Title: Re: Private Student Wants a Receipt
Post by: oglop on May 11, 2020, 12:24:16 pm
I don't know why but I found this title to be funny.

The whole point of "privates" is so that it's private LOL.
Now they want a receipt LOL.

Please do let us know if you quit with that private or decided to go public :)


i take "private" to mean a 1:1 class (a private class compared to group class)