RetireJapan

Has anybody experienced paying into セフティ共済 as a small business owner? I am fully pensioned up with Ideco and 小規模企業. The year after next I am expecting for my Japanese income tax liability to increase quite considerably.

I am looking primarily for three reasons.

To reduce my income tax and health insurance 国民健康保険料、my question related to this is are payments for　セフティ共済 counted as a business expense 経費or are they similar to pension contributions and health insurance as a deduction?

Once you have retired or you have sold your business, what is the tax status of the money that has been saved and how can you take payments from it?

What is the interest rate on offer from セフティ共済 ?

Anybody with experience with this would be appreciated.

We haven't felt the need to use it yet as iDeCo and the Small-Medium business retirement saving scheme are enough.

I believe it is treated as 経費 and you can borrow against the funds. Not sure if they also grow or how distributions are treated.