If you’ve taken out a home loan, you could be eligible to claim a deduction with your income tax return.
One of the major requirements in order to be eligible is to have started living in that home within 6 months after purchase or after the home was built.
The maximum amount of the deduction is usually 1% of the end balance of your loan.
Unlike other countries, Japanese tax law allows us to deduct life insurance premiums, earthquake insurance premiums and some other insurance premiums from our taxable income.
According to Japanese Company Law, there are 4 types of company in Japan.1. Stock Company – 株式会社2. Limited Liability Company – 合同会社3. General Partnership Company
Company establishment and accounting can be complicated in Japan.
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Established in 1984,
Seventh Sense Group offers full-service accounting services including tax compliance, bookkeeping, payroll, and company establishment.