What's new

  • Announcement of the 2020 Budget on Supporting Low Income Vulnerable Groups
  • twitter
  • Sep.3, 2019(Tue.)

    Announcement of the 2020 Budget on Supporting Low Income Vulnerable Groups

      - Setting Earned Income Tax Credit (EITC) which saw a sharp increase in 2019 as a base, income support for the low income bracket will continue in the next year

      - For stable employment of low income workers and burden sharing with small businesses, employment stability grants and social insurance support will continue

      - Employment and social safety net reinforcement, job creation for the vulnerable groups and enhancing employment capabilities through vocational training

      - Earned income deduction expansion for recipients of livelihood benefits and boosting income for the low income bracket with tax support and enlargement of living expense deduction

     

Return to list

HOMEPC ver.

© Ministry of employment and Labor
708, 422 Hannuri-daero, Sejong-si, 339-012, Republic of Korea