Card Sales VAT Credit Calculator
See how much the credit shrinks for your business.
The preferential credit rate falls from 1.3% to 1.2%, and the KRW 10 million annual preferential cap is abolished in favor of the KRW 5 million base cap. Businesses with high card sales are hit hardest.
🧾 Annual sales
Enter the supply value excluding VAT.
💳 Card/cash-receipt share
Includes delivery app payments.
🏷️ Taxpayer type
The credit rate and annual cap are identical for general and simplified taxpayers (VAT Act art. 46(1) covers both), so switching the type does not change the amounts below. The real difference is that a credit exceeding the payable tax is not refunded, and this tool does not compute the payable tax.
📉 Comparison
Issued amounts above 416,666,667원 reach the post-reform cap of KRW 5 million.
Basis
- Scheme — a share of card/cash-receipt sales is credited against VAT payable
- Rate — 1.3% before, 1.2% after
- Annual cap — KRW 10M preferential cap abolished; KRW 5M base cap applies
- Basis — issued amount is the VAT-inclusive supply price
- Simplified taxpayers — different payable structure; verify separately
※ Pre-passage bill basis. Actual credit varies by industry, taxpayer type, and filing.
Last updated 2026-09-05