Article is online
The Final Countdown for Tax Season! Credit Card Payments Rise, Taipei Fubon Bank Forecasts Double-Digit Growth This Year
With only a week left until the tax deadline, many taxpayers remain unprepared. Taipei Fubon Bank observes that as the convenience and maturity of credit card tax payments and installment plans increase, the number of customers choosing to pay taxes using credit cards continues to rise. In 2023, the amount of tax paid via credit cards at Taipei Fubon has increased by 30% compared to 2022, with a 21% growth in the number of tax-paying accounts. The bank anticipates maintaining double-digit growth this year.
An analysis of Taipei Fubon Bank's credit card customers in 2023 reveals that over 60% of those paying taxes have set up automatic deductions from their Taipei Fubon accounts, not only saving time but also avoiding the risk of forgetting to make payments. Moreover, the analysis indicates a higher proportion of high-asset customers opting for installment payments, with more than 50% of customers who owe taxes above one million choosing to pay in installments.
Taipei Fubon Bank offers attractive installment plans for those using their credit cards to pay comprehensive income tax. Setting up automatic deductions from an account allows customers to enjoy a zero interest rate installment payment on any tax amount for either 3 or 6 periods, with the option of 12 installments at a zero rate for taxes exceeding 300,000, helping to spread financial pressure and maintain flexibility in fund allocation.
Customers are encouraged to settle their taxes promptly and then apply for card installments through Taipei Fubon Bank’s official LINE account or by approaching online banking and mobile banking services starting June 8, making the tax filing process efficient and smooth. It's also advisable to check in advance if the credit limit meets the tax payment requirements, and if necessary, submit financial documentation to the bank to request a higher credit limit to meet both tax payment and daily expenditure needs.
Historically, many customers wait until the last moment before the tax deadline to pay by card, hoping to extend their payment period. However, regardless of when the tax is declared, the Ministry of Finance consolidates all dues from banks by June 11, recommending that citizens complete their tax returns early to avoid late fees.
To alleviate the financial burden of paying taxes, Taipei Fubon Bank also offers a tax loan special offer. The initial interest rate is only 0.01%, with an application fee waiver of 2,000, providing a fully online application process that can be handled without stepping outside, completed with an online signature and funds disbursed as swiftly as within ten minutes. Those in need of funds for tax payments can leverage this banking product to distribute their financial load effectively.
Furthermore, amid increasing scam activities, fraud groups impersonating the Revenue Service sending tax-related fraudulent messages have been observed. These scams often involve pretexting as returning tax funds or requesting additional tax payments, tricking citizens into wiring money through ATMs or divulging credit card details. Taipei Fubon Bank urges the public to remain vigilant and cautious. Both tax authorities and financial institutions will never inform by phone about tax refunds nor request credit card security codes or ATM transactions for tax refunds. In case of suspicions, it’s advised to contact the anti-fraud hotline at 165 or the local tax office to verify and avoid financial loss.
In conclusion, as the tax season draws to a close, Taipei Fubon Bank's robust systems and user-friendly services make the process easier, ensuring citizens not only comply with their fiscal duties but do so in a manner that mitigates undue stress and financial strain.
An analysis of Taipei Fubon Bank's credit card customers in 2023 reveals that over 60% of those paying taxes have set up automatic deductions from their Taipei Fubon accounts, not only saving time but also avoiding the risk of forgetting to make payments. Moreover, the analysis indicates a higher proportion of high-asset customers opting for installment payments, with more than 50% of customers who owe taxes above one million choosing to pay in installments.
Taipei Fubon Bank offers attractive installment plans for those using their credit cards to pay comprehensive income tax. Setting up automatic deductions from an account allows customers to enjoy a zero interest rate installment payment on any tax amount for either 3 or 6 periods, with the option of 12 installments at a zero rate for taxes exceeding 300,000, helping to spread financial pressure and maintain flexibility in fund allocation.
Customers are encouraged to settle their taxes promptly and then apply for card installments through Taipei Fubon Bank’s official LINE account or by approaching online banking and mobile banking services starting June 8, making the tax filing process efficient and smooth. It's also advisable to check in advance if the credit limit meets the tax payment requirements, and if necessary, submit financial documentation to the bank to request a higher credit limit to meet both tax payment and daily expenditure needs.
Historically, many customers wait until the last moment before the tax deadline to pay by card, hoping to extend their payment period. However, regardless of when the tax is declared, the Ministry of Finance consolidates all dues from banks by June 11, recommending that citizens complete their tax returns early to avoid late fees.
To alleviate the financial burden of paying taxes, Taipei Fubon Bank also offers a tax loan special offer. The initial interest rate is only 0.01%, with an application fee waiver of 2,000, providing a fully online application process that can be handled without stepping outside, completed with an online signature and funds disbursed as swiftly as within ten minutes. Those in need of funds for tax payments can leverage this banking product to distribute their financial load effectively.
Furthermore, amid increasing scam activities, fraud groups impersonating the Revenue Service sending tax-related fraudulent messages have been observed. These scams often involve pretexting as returning tax funds or requesting additional tax payments, tricking citizens into wiring money through ATMs or divulging credit card details. Taipei Fubon Bank urges the public to remain vigilant and cautious. Both tax authorities and financial institutions will never inform by phone about tax refunds nor request credit card security codes or ATM transactions for tax refunds. In case of suspicions, it’s advised to contact the anti-fraud hotline at 165 or the local tax office to verify and avoid financial loss.
In conclusion, as the tax season draws to a close, Taipei Fubon Bank's robust systems and user-friendly services make the process easier, ensuring citizens not only comply with their fiscal duties but do so in a manner that mitigates undue stress and financial strain.
Last edited at：2024/12/16