Annual wage survey conducted in 2019 by Ministry of Health, Labor and Welfare (MHLW) has covered salaries of world talents in Japan for the first time in history. The statistics out of the survey have been published in March 2020. Average salary of world talents in Japan is as follows: (1) Full-time Worker – JPY […]
METI Subsidy to Sustain Small Businesses through COVID-19 Hardship: Up to JPY 2 M for Sales Decline by 50%+ against Last Year
This is subsidy administered by Japan’s Ministry of Economy, Trade and Industry (METI) to help businesses sustain through the downturn due to COVID-19. A Small-Medium Enterprise (SME) or an one-person business owner can apply in case it has any single month in 2020 when sales is declined by 50% or more against the same month last year. Subsidy amount […]
Tokyo Infection Expansion Prevention Cooperation Fund: For SME closing shops between April 11th (16th) and May 6th. JPY 500k or 1m once-off subsidy.
Tokyo Metropolitan Government in Japan subsidizes JPY 500 k or 1 m to a small-medium enterprise (SME) or an one-person business owner who has followed the request of Tokyo Governor on April 10th 2020 and closed their facility in Tokyo for all day long or at nights during the period between April 11th (or 16th […]
Time has come in October for year-end tax adjustment. You can lower your income tax by submitting documents of tax deductible expenses, e.g. for medicines, housing loans and insurance premium. Exemption for dependents is one of the largest tax deductions from income tax in amount. Amount to be exempted depends on a type of dependent […]
Many non-Japanese residents in Japan live in rental housing. Number of those, who can afford to buy a house and live there, is however increasing these days. Housing loan tax credit (formally aka Special Tax Credit for Housing Loans) is applicable to any residents regardless of nationality: a non-Japanese resident meeting its qualification can apply. […]