(yunhap news )
Next week, the Monetary Policy Committee of the Bank of Korea (hereinafter referred to as the Monetary Policy Committee), which decides whether to raise the base rate, is scheduled to be held and the comprehensive real estate tax (hereinafter referred to as the tax on property tax) is scheduled to be announced.
The Monetary Policy Committee of the BOK will hold a meeting on the direction of monetary policy on the 25th to discuss whether to raise the base rate, which is currently 0.75%. At a meeting of the MPC on August 26, the Monetary Policy Committee raised the key interest rate by 0.25 percentage points (p) for the first time in 15 months, which was at an all-time low (0.5%) along with the COVID-19 crisis.
As concerns about household debt are growing recently, attention is focused on whether the base rate will be raised further. The market is focusing on raising the benchmark interest rate this month.
On the 22nd, the Ministry of Strategy and Finance will brief on the details of the tax notice for the housing sale for 2021. We will inform you of the number of people subject to taxation and the amount of tax.
This year, the property tax is expected to increase significantly as the effects of raising the tax base in line with the overall housing price increase, raising the property tax rate, realizing the disclosure price, and raising the fair market price are realized.
However, it is expected that the taxation standard for one householder will be relatively less affected as the tax base has been raised from 900 million won to 1.1 billion won.
In addition, the National Statistical Office will announce the September population trend on the 24th. As of August, the number of births broke a record low for the same month.
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