The South Korean government has introduced a series of policies in 2024 aimed at reinforcing the social safety net for all citizens, with a particular focus on vulnerable groups. These measures are designed to address economic hardship, improve access to essential services, and promote digital inclusion. The new initiatives include a tax debt relief program for small business owners, increased monthly limits for long-term care services, and the expansion of AI and digital literacy education centers. By integrating these policies, the government seeks to provide more comprehensive protection and support for those most in need.
The tax debt relief program specifically targets small business owners who have closed their businesses and are unable to pay outstanding taxes due to economic difficulties. Eligible individuals can apply to have up to 50 million KRW of their tax obligations extinguished if they meet certain criteria, such as having an average annual business income below 1.5 billion KRW over the past three years and no recent tax-related criminal penalties. Additionally, the expansion of long-term care services benefits seniors and people with disabilities, while the nationwide rollout of AI digital literacy centers makes advanced education accessible to the general public, including those with limited digital skills.
Implementation of these policies is already underway. The tax debt relief program accepts applications through local tax offices or the Hometax online platform until December 31, 2028. The Ministry of Health and Welfare has increased the monthly cap for long-term care services and expanded the number of home-based medical centers to 344 across 195 cities, counties, and districts. AI digital literacy education is now available at 69 centers in all 17 provinces, and customer service for major value-added telecom operators has been upgraded to include AI, chatbot, email, and phone channels, with mandatory response times.
Frequently asked questions include: Who qualifies for the tax debt relief program? Applicants must have closed their business before the assessment, have less than 50 million KRW in eligible tax debt, and meet income and legal criteria. What improvements have been made to long-term care services? The monthly benefit limits have increased, and more home-based medical centers are available nationwide, allowing seniors to receive care at home. How can citizens access AI education? Free AI and digital literacy courses are offered at expanded centers across the country, ensuring broad accessibility.
The South Korean government’s 2024 initiatives represent a coordinated effort to address economic, healthcare, and digital divides. By offering targeted tax debt relief, expanding long-term care services, and making AI education widely accessible, the policies are grounded in practical support for those most affected by recent challenges. The integration of these measures, with clear eligibility and application processes, is likely to strengthen the social safety net and promote inclusive growth. The government’s focus on both immediate relief and long-term capacity building is a notable strength of this policy package.