by Aki Kojima | Sep 12, 2024 | Individual & Freelancers
Non-Permanent Residents: Income Earned in Japan or Remitted from Abroad One of the most common misconceptions among foreigners living in Japan is that they are only taxed on income earned within Japan. However, for non-permanent residents, Japan’s tax system can apply...
by Aki Kojima | Sep 3, 2024 | Individual & Freelancers
Watch the related video on YouTube. Overview of the Blue Return System Definition and Importance The Blue Return System, or Aoiro Shinkoku(青色申告) in Japanese, is a crucial tool for self-employed individuals and freelancers in Japan. It helps manage taxes wisely and...
by Aki Kojima | Aug 6, 2024 | Individual & Freelancers
Question: Refund Resident Tax I received an income tax refund on my tax return, but when will I receive a refund for resident tax, prefectural resident tax, and forest environment tax? Answer In principle, there are no refunds for resident tax, prefectural resident...
by Aki Kojima | Jul 23, 2024 | Individual & Freelancers
Are Tax Rates in Japan Higher Compared to Other Countries? People say that tax rates in Japan are high, but are they? Below is a chart by the Ministry of Finance comparing Japan’s tax rates with those of the U.S., the U.K., Germany, and France. I am not saying...
by Aki Kojima | Jul 19, 2024 | Individual & Freelancers
Here is a summary of tax-saving measures for self-employed individuals from the viewpoints of the tax accountant for self-employed. Please review these measures to confirm your potential tax savings. Apply the Special Deduction for Blue Returns | The tax accountant...
by Aki Kojima | Jul 12, 2024 | Individual & Freelancers
Flat-amount Tax Cut Explained | flat amount cut This video explains the flat-amount tax cut (Teigaku Genzei[定額減税]) introduced in Japan starting June 2024. The flat-amount cut offers a reduction of 40,000 yen, with 30,000 yen deducted from personal income tax and...
