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 »
List: Japanese tax years whose refunds you can claim (in year 2023) 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) 2023 from 2018 to 2022 平成30年,… Read More »
Use “Self-pay Limit “system If you get a surgery and/or long hospitalization that costs expensive medical payments, you can apply for “Self-pay Limit” system (高額医療費制度). “Self-pay Limit” system will pay back a considerable part of your payments afterwards. For details of the system please see the following link: Self-pay Limit (Japan Health Insurance Association, External… Read More »
You need to submit a designation form of tax agent to the tax office where you reside last After you leave Japan you need to designate a Tax Agent (Nozei Kanrinin, 納税管理人 in Japanese) in order to claim your tax refund in Japan. Your tax agent will claim your tax refund on behalf of yourself.… Read More »
How to claim your tax refund while continuing to reside in Japan: 3 points to note After you leave Japan you need to submit a form to designate a Tax Agent (Nozei Kanrinin, 納税管理人 in Japanese) in order to claim your tax refund in Japan. Your tax agent will claim your tax refund on behalf… Read More »