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Open Kitchen Tax Credit at Renovation: Decrease Income Tax for Child Care Assistance

Open Kitchen Tax Credit at Renovation: Decrease Income Tax for Child Care Assistance

by Aki Kojima | May 15, 2024 | Individual & Freelancers

Today, I want to discuss the “Open Kitchen Tax Credit,” a tax credit program to support childcare. This program offers the advantage of reducing your income tax if you install an open kitchen or other equipment when renovation. If you are considering...
New Rules for Determining the 10,000 yen Entertainment Expense: A Tax Accountant’s Secrets for Using Meeting Expenses

New Rules for Determining the 10,000 yen Entertainment Expense: A Tax Accountant’s Secrets for Using Meeting Expenses

by Aki Kojima | May 11, 2024 | Individual & Freelancers, Corporations

The rules for including entertainment expenses in deductible expenses will be updated effective April 2024 in Japan. Many business owners are concerned about this provision. As a tax accountant, I am examining where the system should be used and its impact. I want to...
J-League Additional Tax: Understanding Taxation in Japan for Non-Resident

J-League Additional Tax: Understanding Taxation in Japan for Non-Resident

by Aki Kojima | May 8, 2024 | Individual & Freelancers

Welcome to this detailed exploration of the intricacies of taxation in Japan, especially relevant to non-residents such as foreign J-League players. The focus here is on the critical differences in tax treatment between residents and non-residents, which can...
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