Hello everyone !
Did you receive the big envelope like this ?
↓ ↓ ↓
If you pay salary for employees (including board members), you need to fill out the documents and submit them to Tax Office and City Hall.
And, when company pay some fee for “freelance“, you need to do as well.
You don’t worry about it when Tax Accountant do it instead, but,
today I’ll let you know what kind of document is made.
a) Report of salary (for EACH employee)
The report of salary will be sent to each City Hall where the employees live.
b) Report of salary (for SOME employee)
If salary is big amount, the report of salary will be sent to Tax Office.
The standard of “big amount” is these (below;
< year-end tax adjustment is done >
a) for board members
… over 1,500,000yen (annual)
b) for employees
… over 5,000,000yen(annual)
< year-end tax adjustment is NOT done >
a) for board members
… over 500,000yen(annual)
b) for employees who resigned job
… over 2,500,000yen(annual)
c) for employees who didn’t submit their boss “Declaration form of exemption for dependents and others.(扶養控除申告書)”
… over 500,000yen(annual)
c) Report of fee (for SOME freelance)
If fee is big amount, the report of fee (for freelance) will be sent to Tax Office.
In most case, “big fee” means over 50,000yen per year.
d) Certification letter for annual income (for employees and freelances)
By the end of January, Certification letter called “Gensen-Choshu Hyo（源泉徴収票）” will be sent to employees.
If the “year-end adjustment” procedure has done correctly, the employee don’t need to do tax filing, except when the person WANT to do.
And, at the same timing, Certification letter called “Shiharai-Chosho（支払調書）” will be sent to freelance.
In that case, nothing has done about their Local Inhabitant Tax so that tax filing should be done by March 15th.
I can’t explain all about, in detail, but I hope you’ll know outline.
Have a nice weekend !
