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