by Aki Kojima | Aug 14, 2024 | Individual & Freelancers
Greetings to all our readers! Today, we’re exploring the intriguing concept of the “Bachelor Tax,” a tax system that places a higher burden on single individuals. While some might chuckle at the notion, it’s a topic with profound implications....
by Aki Kojima | Aug 13, 2024 | Individual & Freelancers
Hello to all our readers! Today, we’re diving deep into the intricacies of the Japanese tax system, focusing on an annual income of 5 million yen. This guide is tailored for non-Japanese individuals or businesses aiming to grasp the nuances of taxation in Japan....
by Aki Kojima | Aug 12, 2024 | Individual & Freelancers
Here, we’re diving deep into the world of “Home Expense Allocation.” This topic is especially relevant for those who have transformed a corner of their home into an office, mainly solo workers. Navigating home expense allocation can be a maze, a...
by Aki Kojima | Aug 10, 2024 | Individual & Freelancers, Corporations
When we open a bank account in Japan, there are tips to choose the best one. We’ll delve into the essential considerations for expats, tiny business owners, and sole proprietors when opening a bank account in Japan. Let’s dive in! 5 Tips for Opening a Bank...
by Aki Kojima | Aug 9, 2024 | Individual & Freelancers, Corporations
Here, we’ll delve into a challenge that many individual business owners and SMEs face in our country: What to do when you can’t collect your accounts receivable. It’s common in Japan for payments to be scheduled for the end of the following month....
by Aki Kojima | Aug 8, 2024 | Individual & Freelancers
Here, we’re diving into a topic that often raises eyebrows: Why doesn’t Japan have a year-end adjustment for resident tax, even though there’s one for income tax? Let’s unravel this mystery together. Understanding the Calculation of Income Tax...