Tax Saving for Expats in Japan
This is a general tax saving method in Japan but most Japanese employees could not use this method. This is the difference between expats in Japan and employees in Japanese companies. Japanese employees called Salary-man in Japanese are forbidden to work additionally even in their private time. Taxable incomes for individuals are classified into 10 taxable incomes. Here we talk about 2 of them, business income and Employment income. Business income is an income derived from your business like independent enterprises of commerce, industry, fisheries, agriculture, independent personal services, etc. You have to record your all transaction relating to your business on your accounting book. At the end of a[…]