JAPAN
HIGHLIGHTS
OCTOBER 2021
- Reiwa 3rd year regional minimum wage revision
SEPTEMBER 2021
- Declaration Form for Insurance Deduction for Reiwa 3
- Basic Tax Exemption declaration for salaried employee, spouse exemption declaration for salaried employees and income tax adjustment deduction declaration-2021.
- Dependent Declaration Form for Year 2022 (Japan Year Reiwa 4)
- Withholding Tax Book for Salary Income and Retirement Income Reiwa 4
AUGUST 2021
- Calculation method of the amount of retirement income related to short-term retirement allowance from 1st January 2022 onwards.
JULY 2021
- No Statutory Updates
JUNE 2021
- No Statutory Updates.
MAY 2021
- Expansion of Coverage for Social Insurance for Short-time Worker.
APRIL 2021
- No Statutory Updates
MARCH 2021
- Changes in Labour Insurance – WACI Rate from April 2021
FEBRUARY 2021
- Changes in Health Insurance Rate & Nursing Care Insurance Rate for 2021 (Tokyo Shokengyo)
- Japan Tax Plans for 2021-22
JANUARY 2021
- No Statutory Updates
DECEMBER 2020
- WTC Salary Payment Report for YEA 2020
- Final Version of eLTAX & e-Tax Format for YEA 2020
- Obligation to submit legal records by e-Tax or optical disc when the number of submissions is 100 or more
- Japan Official Public Holiday 2021( Reiwa 3) – Revised
NOVEMBER 2020
- Basic Deduction for Reiwa 2(Revised)
- Creation of income tax adjustment deduction (Revised)
- Preliminary Version of eLTAX & e-Tax Format for YEA 2020
OCTOBER 2020
- eLTAX & e-Tax Format for YEA 2020
- Dependent Declaration Form for Year 2021 (Japan Year Reiwa 3)
- Declaration Form for Insurance Deduction for Reiwa 2
SEPTEMBER 2020
- Amount of salary after deduction of salary income – Updated
- Withholding Tax Tables for Year 2021 (Japan Year Reiwa 3)
- Updated Calculating Income Tax Amount Table for the Year-end Adjustment in 2020
- Withholding Tax Book for Salary Income and Retirement Income Reiwa 3
- Dependent Declaration Form for Year 2021 (Japan Year Reiwa 3)
- Declaration Form for Insurance Deduction for Reiwa 2
- Japan Official Public Holiday 2021 (Reiwa 3)
AUGUST 2020
- Guideline to fill up withholding tax for salary income in Reiwa 2
- Digitizing Year – End Adjustment Procedure for Japan (Revised)
- Digitizing Year – End Adjustment Procedure for Japan (Revised)
JULY 2020
- Revision of the upper limit of the standard monthly remuneration for employees’ pension insurance
JUNE 2020
- No Statutory Updates
MAY 2020
- Creation of income tax adjustment deduction
- Basic Tax Exemption declaration for salaried employee, spouse exemption declaration for salaried employees and income tax adjustment deduction declaration
APRIL 2020
- Finalized Changes in Child Welfare Fund Rate from April 2020
- Table of Basic exemption, Exemption for spouses and Special exemption for spouses
MARCH 2020
- Support for parents to take leave due to temporary closure of elementary schools due to Covid-19
- Nursing care leave can be taken on an hourly basis 1st January 2021
- Basic Deduction for Reiwa 2
- Changes in Health Insurance Rate & Nursing Care Insurance Rate for 2020 (Yokogawa Electric Health Insurance Society)
- Digitizing Year – End Adjustment Procedure for Reiwa 2 onwards
FEBRUARY 2020
- Employment insurance coverage for people over 64
- Revision of total income amount requirements of dependent relatives
- Revision of Annual Income Deduction Table for YEA 2020
JANUARY 2020
- Calculation method of the number of dependent relatives pertaining to spouse and dependent other than spouse