How to donate items for a tax deduction in Korea
Why Donate?
- Be able to help someone in need.
- Get a tax reduction in the next year-end tax adjustment. The tax credit rate for donations up to 10 million KRW is 15m and 30% for excess.
How to Donate
- Step 1: Look for a Beautiful Store (아름다음가게) or Goodwill (굿윌스토어) store near your location
- Step 2: Visit the store and bring items you want to donate
- Step 3: Tell them that you want to donate
Useful Words and Phrases
기부 : Donation
기부하다 : To donate
기부영수증 : Donation Receipt
기부 하고 싶어요 : I want to donate
기부하러 왔는데요 : I came here to donate
기부하려고 했는데요 : I intend to donate - Step 3: The staff should give you a form to fill out, but if they don't, you can ask them for the form so you can use it for your tax deductions
기부영수증 발급해주시겠어요? : Can you pleas give me a donation receipt?
기부영수증 발급해주세요 : Please give me a donation receipt
기부영수증 발급 받고 싶어요 : I want to get a donation receipt - Step 4: Fill out the Donation Form
- Step 5: Once the paperwork is complete and processed, you should get a message about your donation. You should then get a message about the value for your donation.
- A percentage of the amount you have donated will be counted towards the deductions for your year-end tax adjustment. You can check this amount at you hometax account.
Where to Donate
- Beautiful Store 아름다운 가게
- Goodwill Store 굿윌스토어
What items can you donate?
Clothes
Make sure that the clothes are still usable, and are not damaged (no holes or huge stains)
Shoes
Shoes with holes or are damaged may not be accepted or may be tagged with lower value.
Books
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Working/Functioning Household Appliances
Make sure that the appliances come with the basic necessary parts and are still functional or in good working condition.
Kitchen Utensils
Make sure that the utensils are clean and still usable
Working/Functioning Small household electronics
Make sure the gadgets are still functional and come with the necessary parts or chargers.
Toys
Shoes with holes or are damaged may not be accepted or may be tagged with lower value.
If you are unsure whether or not an item is suitable to be donated, please contact the organization beforehand.
Broken or unwashed clothing will not be accepted
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