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Furusato nouzei, is it too late for 2018?

Posted: Wed Dec 05, 2018 2:21 pm
by N00bster
So, we are already in December and I have not yet done anything about Furusato nouzei! :? I am still thinking about doing it, but maybe it is too late to deduce the taxes for 2019? Do any forum member know whether this is actually the case? I have never done it so far and am a bit confused about the procedure...

Thanks for any insight!

Re: Furusato nouzei, is it too late for 2018?

Posted: Wed Dec 05, 2018 4:50 pm
by RetireJapan
The are two deadlines: an earlier one if you want them to do your taxes for you, and a later one if you do them yourself.

Re: Furusato nouzei, is it too late for 2018?

Posted: Thu Dec 06, 2018 12:43 am
by N00bster
Do "doing yourself", do you mean submit a 確定申告? If so I need to submit one anyway so I should probably go ahead and order some stuff... :D

Re: Furusato nouzei, is it too late for 2018?

Posted: Thu Dec 06, 2018 1:39 am
by RetireJapan
Seems like it's the end of December. There is still plenty of time!

https://money-lifehack.com/tax/6651

Re: Furusato nouzei, is it too late for 2018?

Posted: Thu Dec 06, 2018 2:59 am
by N00bster
Thanks for the link! I also took a refresher of the related topics on the blog and forum. It seems like I cannot benefit from the automatic reporting since I will have to submit a 確定申告 anyway. I have one remaining question though:

Can you purcha...donate through different sites? For instance, I'd love to get myself a few Amazon gift cards (https://26p.jp/products/14452) but there are also a few items I'd like to get from Rakuten and benefit from the points.

Also, are there any particularly good deal that you know? The amazon card I linked above is 40% gift value (+3% if you read the fine read print due to a December campaign), so pretty good value. I'm not too interested in perishable items, more in gift cards.

Re: Furusato nouzei, is it too late for 2018?

Posted: Thu Dec 06, 2018 10:25 am
by kizuki
Yes, you can purchase through different sites and also donate to different prefectures from same site. You will get a donation certificate for each donation which can be added up when you do your taxes.

Amazon themselves seem to be running some promotions related to Furusato,
https://www.amazon.co.jp/b/ref=s9_acss_ ... i=57239051

Re: Furusato nouzei, is it too late for 2018?

Posted: Wed Jan 09, 2019 2:00 pm
by N00bster
And today I received my Amazon gift cards! Since the site mentioned that they could take up to 2 months to arrive I was expecting them by the end of February, so this is a nice surprise. Very smooth experience overall using 26p.jp. Now I just need to wait for the extra 3% given by the December campaign!

Long live ふるさと納税, long live retirejapan.com! :D

Re: Furusato nouzei, is it too late for 2018?

Posted: Wed Jan 09, 2019 11:24 pm
by greedisgood
Is there any net tax savings when you contribute to furusato nouzei?

Re: Furusato nouzei, is it too late for 2018?

Posted: Wed Jan 09, 2019 11:26 pm
by RetireJapan
greedisgood wrote: Wed Jan 09, 2019 11:24 pm Is there any net tax savings when you contribute to furusato nouzei?
No, you pay a 2000 yen fee and get to choose a 'gift'. Depending on the gift you end up getting it can be a good value.

Wrote about it here: https://www.retirejapan.com/blog/furusato-nozei/
and here: https://www.retirejapan.com/blog/furusa ... swag-2017/

Re: Furusato nouzei, is it too late for 2018?

Posted: Mon Jan 14, 2019 11:59 am
by N00bster
Looks like we won't be getting Amazon gift cards anymore:

https://www.sankei.com/politics/news/19 ... 14-n1.html

Oyama-cho got a little bit more success than they expected... :lol:

Ben, if you are looking for ideas that could make a great article for the site. ;)