Hi everyone, I've been working out of Japan for a long time now, but will start a full time uni job in April.
I wanted to know how I can reduce my tax (I was in the gulf for a long time, so haven't paid for ages).
I am married with a child, wife isn't working. Do I have to formally tell the university pay roll? so they don't deduct too much as I have dependants?
How do I make sure I don't get taxed like I used to in Japan when I was a full time uni prof, but single?
Full time uni job tax
Re: Full time uni job tax
Your work should definitely know you have a dependent wife and child. Ideco and life insurance will reduce your tax bill, along with whatever employee benefits plan you are probably automatically enrolled in.jonnyd wrote: ↑Tue Mar 29, 2022 11:51 am Hi everyone, I've been working out of Japan for a long time now, but will start a full time uni job in April.
I wanted to know how I can reduce my tax (I was in the gulf for a long time, so haven't paid for ages).
I am married with a child, wife isn't working. Do I have to formally tell the university pay roll? so they don't deduct too much as I have dependants?
How do I make sure I don't get taxed like I used to in Japan when I was a full time uni prof, but single?
Talk to your admin staff.
Re: Full time uni job tax
Furusato nozei is also something to think about. You still pay the tax, but get goodies for free.
Re: Full time uni job tax
If you tell your Uni that you have dependents then they should make allowances for them in the calculation of your Withholding Tax every month.
Whether they do or don't, when they do your Year-End Adjustment Nenmatsu Chousei, they will do the true-up taking you dependents into consideration, so you may get a refund in December Payroll, especially as it's only a partial year.
If you are registered at an address on the 1 Jan 2023 you will be liable for Residents' Taxes on 2022 Income, but it will be a partial year, and the payment will be from Payroll payable from June 2023 to May 2024.
Whether they do or don't, when they do your Year-End Adjustment Nenmatsu Chousei, they will do the true-up taking you dependents into consideration, so you may get a refund in December Payroll, especially as it's only a partial year.
If you are registered at an address on the 1 Jan 2023 you will be liable for Residents' Taxes on 2022 Income, but it will be a partial year, and the payment will be from Payroll payable from June 2023 to May 2024.
:
:
This Guide to Japanese Taxes, English and Japanese Tai-Yaku 対訳, is now a little dated:
https://zaik.jp/books/472-4
The Publisher is not planning to publish an update for '23 Tax Season.
:
This Guide to Japanese Taxes, English and Japanese Tai-Yaku 対訳, is now a little dated:
https://zaik.jp/books/472-4
The Publisher is not planning to publish an update for '23 Tax Season.
Re: Full time uni job tax
I will be registered in shigaku kyosai, if that makes any difference?