1.Kosei Nenkin (Employees’ Pension Insurance) Kosei Nenkin (厚生年金, こうせいねんきん) covers people who are employed by companies. Pension refund (Lump-sum Withdrawal Payments) of Kosei Nenkin is calculated as Pension Refund = Average Standard Remuneration * Multiplier (*)Average Standard Remuneration is calculated from the average of your salaries and bonuses you receive throughout the period in that… Read More »
List: Japanese tax years whose refunds you can claim (in year 2026) You can claim income tax refunds for salaries you had received in Japan for past 5 years. This is the list of years whose tax refunds Japanese tax office accepts: Year Tax refunds are accepted Gengonen (元号年) 2026 from 2021 to 2025 令和3年,… Read More »
Pension Reform Laws were approved On June 13 of 2025, pension reform laws were approved at Japanese Diets. Japanese pension systems are basically revised every 5 years. Japanese government is now being in the process of their official proclamation. Within 4 years after official proclamation, the following reform is to be implemented. When official proclamation… Read More »
Ministry of HL&W published the pension reform bills The pension reform laws were approved on June 13. Details will be shown as soon as we confirm them. Ministry of Health, Labor and Welfare published the pension reform bills on their website.
Latest developments of tax reduction bill This article is the follow-up of the report of the last December. In March 2025 Japanese Lower Diets (国会) approved the bill to revise Japanese income tax. 1. Non-temporary tax reduction Basic exemption will be raised by 100,000yen for every person whose annual income is under 23.5 million yen.… Read More »
You need SWIFT (BIC) to receive Japanese pension refund SWIFT, also known as BIC (Bank Identifier Code), is the 11-digit code that is used worldwide as interbank transfers, especially for the purpose of transfers between different countries. In 2025 Japan Pension Service issued a new claim form for pension refunds (Lump-sum Withdrawal Payments), in that… Read More »
Japanese employers submit employees’ tax returns on their behalf (but there are exceptions) All residents in Japan who get incomes here are required to submit their tax returns to their local tax office year by year. In Japan tax returns are called “Kakutei Shinkoku [確定申告]” As you know, you report your annual incomes and exemptions… Read More »
“The wall of 1.03 million yen” relates to a proposal to reduce income (and resident) tax As of December politicians on the national stage have proposed to break “the wall of 1.03 million yen” (103万円の壁). But what does it mean? Under the present Japanese income tax code, the borderline between non-taxed income and taxed income… Read More »
YouAT LLC gives you services for Japanese pension and tax refunds We YouAT LLC has more than 10 year’s history to support non-Japanese employees’ “Lump-sum Withdrawal Payments”, “Old Age Pension”, and income tax refunds.We have staff of Labor and Social Security Attorney, Administrative Scrivener, and Tax Accountant. Please feel free to contact us for Japanese… Read More »
Kokumin Nenkin vs Kosei Nenkin Japanese pension system consists of, mainly, the two categories: (1) Kokumin Nenkin (National Pension), whose contribution amount is a constant no matter how much to get incomes, and (2) Kosei Nenkin (Employees’ Pension Insurance), whose contribution amount increases according to incomes contributors earn(*). (*)There is another category in Japanese pension… Read More »