List: Japanese tax years whose refunds you can claim (in year 2025) 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) 2025 from 2020 to 2024 令和2年,… 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 »
Overview of 2024 tax deduction and points to note (again) The special tax deduction is applied to the income tax and resident tax of the year 2024 （令和6年）. We’d like to overview it again and pick up points to note in brief. Japanese residents registered as of June 1st 2024 can receive a tax reduction… Read More »
Overview of 2024 tax deduction and points to note The special tax deduction is applied to the income tax and resident tax of the year 2024 （令和6年）. We’d like to overview it and pick up points to note. Japanese residents registered as of June 1st 2024 can receive a tax reduction for their incomes in… Read More »
2024 tax reduction law passed In the end of March 2024, Japanese Diets passed the law to reduce year 2024’s income and resident tax. A review for the tax reduction of this year: Japanese residents registered as of June 1st 2024 will receive a tax reduction for their incomes in 2024. It will be 30,000JPY… 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 »
List: Japanese tax years whose refunds you can claim (in year 2024) 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) 2024 from 2019 to 2023 平成31年=令和元年,… Read More »
About Kyuyo Shotoku Kojo Kyuyo Shotoku Kojo (給与所得控除) is a tax exemption set for Japanese employees’ salary and bonus, that is permitted in both national and residence tax. According to the amount of salary and bonus that an employee earns through one year, a certain percentage of the annual income is exempted. The income after… Read More »
Persons residing in Japan – Tax withheld (Gensen Choshu) and need submitting tax returns for over 4 million yen’s pension income Japanese tax code regards pensions as incomes, so you need to pay an income tax from them. Persons who reside inside Japan are withheld their pension’s income taxes before receiving (Gensen Choshu). If your… Read More »
Gensen Choshu-hyo is not required submitting to Japanese tax office By year 2018 applicants of Japanese tax returns needed to submit Gensen Choshu-hyo (源泉徴収票) to a tax office. To claim tax refunds you were also required to submit Gensen Choshu-hyo of claiming years. For details of Japanese tax returns (tax refunds) and Gensen Choshu-hyo, please… Read More »