- The National Tax Service has exempted value-added tax (VAT) on postpartum helper vouchers.
- Previously, only the government-subsidized portion was tax-exempt; now, the entire voucher amount is exempt.
- The change follows a meeting with maternal and newborn care associations and a review by the tax authority.
- The exemption also applies to other social welfare voucher users, such as older adults and people with disabilities.
- The National Tax Service aims to continue reducing tax burdens to support public welfare and address low birthrates.
Source: biz.chosun.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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