15 Million People Receive Tax Refunds... What Is the Average Refund Amount?

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A year-end tax settlement of 850,000 won.

Many of you office workers have probably wondered how much employees get back on average from their year-end tax settlements.

The average refund amount is said to be around 850,000 won.

According to National Tax Service data, about 14.85 million workers received tax refunds in the 2024 year-end tax settlement.

And their average refund was tallied at 847,000 won.

While those who received 1 million won or less accounted for the largest share at 74.6%, there were also 195 workers who received refunds exceeding 100 million won.

Their average refund per person reportedly amounted to 307.3 million won.
※ Please note: This article was translated by AI and may contain errors.