Search found 12 matches

by kenosecon
Tue Oct 13, 2020 11:30 am
Forum: RetireJapan for Dummies
Topic: pension ideas for high income individual
Replies: 31
Views: 4828

Re: pension ideas for high income individual

thanks for the reply. Good idea to deduct from the stock earning as well.
by kenosecon
Tue Oct 13, 2020 2:36 am
Forum: RetireJapan for Dummies
Topic: pension ideas for high income individual
Replies: 31
Views: 4828

Re: pension ideas for high income individual

did you take 5 minutes of your time and check the link I pasted? It even has a step by step guide.

I can see tax consultants wanting to work less advising against this though.
by kenosecon
Mon Oct 12, 2020 3:40 am
Forum: RetireJapan for Dummies
Topic: pension ideas for high income individual
Replies: 31
Views: 4828

Re: pension ideas for high income individual

most money came from salary. And a little out of the business.

same as this explanation here:
https://web.archive.org/web/20150705180 ... intax.com/

btw Seb-san, kojin jigyou do not get audits unless they have super high income.

I think your friends had companies instead.

regards
by kenosecon
Mon Oct 12, 2020 3:36 am
Forum: RetireJapan for Dummies
Topic: pension ideas for high income individual
Replies: 31
Views: 4828

Re: pension ideas for high income individual

most money came from salary. And a little out of the business.

same as this explanation here:
https://web.archive.org/web/20150705180 ... intax.com/

btw Seb-san, kojin jigyou do not get audits unless they have super high income.

I think your friends had companies instead.

regards
by kenosecon
Thu Oct 08, 2020 1:22 am
Forum: RetireJapan for Dummies
Topic: pension ideas for high income individual
Replies: 31
Views: 4828

Re: pension ideas for high income individual

Yes, I checked with tax office. You can ask for an appointment. No problem. You need to save all your receipts but that is also changing. Dividends are not classified as capital gains I think. But the business is "consulting" I'm declaring the capital gain separately of course. You all see...
by kenosecon
Wed Oct 07, 2020 9:35 am
Forum: RetireJapan for Dummies
Topic: pension ideas for high income individual
Replies: 31
Views: 4828

Re: pension ideas for high income individual

Sure, tax office accepted it without problem.
by kenosecon
Wed Oct 07, 2020 9:33 am
Forum: Stock market investing
Topic: foreign stocks, US stocks, how to do the taxes
Replies: 6
Views: 849

Re: foreign stocks, US stocks, how to do the taxes

non-japanese platform to buy non-japanese stocks.

no worries I think I can handle a spreadsheet lol

thanks for the advice.
by kenosecon
Mon Oct 05, 2020 9:29 am
Forum: Stock market investing
Topic: foreign stocks, US stocks, how to do the taxes
Replies: 6
Views: 849

Re: foreign stocks, US stocks, how to do the taxes

sounds good. only 20.xxx%?

No other taxes, fees? :D
by kenosecon
Mon Oct 05, 2020 9:25 am
Forum: RetireJapan for Dummies
Topic: pension ideas for high income individual
Replies: 31
Views: 4828

Re: pension ideas for high income individual

No, of course it's not tax fraud since it's the truth. It's a proper business with continuity and perpetual/long term earning. I also consult for other friends. Same would be if you buy a property and rent it. If you use the white sheet you don't need to register anything. If you want to use the blu...
by kenosecon
Sat Oct 03, 2020 3:12 am
Forum: RetireJapan for Dummies
Topic: pension ideas for high income individual
Replies: 31
Views: 4828

Re: pension ideas for high income individual

thanks for all the replies. I maxed out Nisa, didn't do the ideco. I filled as an individual business reducing my tax break intensely. It's easy to do, I used the white form but if you use the blue one you get more deductions. You need to create a side business that gives you a recurrent income. I p...