Flat tax deduction for 2024 (Indivicual income tax)
The flat tax reduction is effective from the first payroll in June.
Those who are eligible for this treatment are residents whose total income for the income tax year 2024 is 18.05 million yen or less (or 20 million yen or less for those who earned salary income only ).
The total amount of deduction is as follows.
1 The individual (limited to residents) 30,000 yen
2 Spouse or dependents of the same household (both of them must be residents) 30,000 yen per person
Deduction from resident tax is 10,000 yen.