The Small Business Association expressed its support on October 15 for the appointment of Lim Kwang-hyun, former head of the National Tax Service, as the new Chief of Staff to President Lee Jae-myung.
In a statement, the association described Lim as "a proven talent in government and the National Assembly," adding that he is well-suited to support President Lee's second year in office and accelerate recovery efforts for struggling households.
The association praised Lim for his previous engagement with small businesses during his tenure as head of the National Tax Service, where he actively listened to their concerns and worked to resolve tax-related issues. Lim visited the Small Business Association in August 2025 and April 2026 to lead discussions on tax support.
He accepted recommendations from the association, including lowering credit card payment fees for national taxes and raising the threshold for credit information on delinquent taxpayers. He also responded directly to on-site requests for revising criteria for simplified taxation, streamlining tax reporting for small businesses, and increasing the income deduction rate for credit card use.
The association expressed hope that the Lee Jae-myung administration would focus its policy efforts on the recovery of the economy, which is directly linked to the survival of small businesses, during this critical time.
Meanwhile, Lim began his term at midnight on the same day.
The association added that it will actively cooperate with the government's efforts to revive the economy and strive to protect the rights of small businesses while enhancing the capabilities of "irreplaceable small businesses."
* This article has been translated by AI.
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