Have you calculated the difference if you were not to do it ?
My “Furusato-nouzei” Jalapeños arrived from Akita prefecture! There should be about 30. I’ll pickle half of them and freeze most of the rest until I need them. Worked like a charm last year!
ふるさと納税の秋田県鹿角市のハラペーニョが届いた！半分をピクルスに使って、残りは冷凍して使いたい時出す感じ！
去年もこれ買って大ヒットだった！でも頼めるのはこの時期だけだ！楽天で売ってるよ！まじ最高でおすすめです！
I’m Japan we have to pay inhabitant (municipal and prefectural) taxes, but the government has created this program called “hometown-tax” where you can opt to pay those taxes to specific regions and receive a thank you gift from that region.
So over the year, I will go onto Rakuten.co.jp and order lots of great “furusatonouzei” rural produce at a premium, but all those expenses can be claimed back in the tax return. Such that your inhabitants tax is reduced for the next year. Basically you’re paying money you’d have to anyway, but getting nice goods for free.
#tax #税金 #japan #日本 #furusatonouzei #ふるさと納税 #foodstr #protip
https://nostrcheck.me/media/public/nostrcheck.me_5769976869664948641688873778.webp
Discussion
Yeah. Actually after doing it last year I thought it made little difference until I did the calcs. It only felt that way because I’d had an income increase and my inhabitant tax therefore increase significantly. And when you divide the Furusato nozei deduction over 12 months it doesn’t look as effectual. So yeah when I read and deciphered my inhabitant tax slip last month it finally all added up in my head and I became a big fan again. This year I’m going to go all in (up to close to my limit)
But basically you get back nearly all of what you spend. There are some handling fees but that’s only a few thousand yen.
After you do your tax return, assuming you paid ¥F for furusatonozei purchases in 2022, and your income tax rate is T%, it looks like they’ll pay you back T% x F after the tax return (due Q1 2023). The remaining (100%-T%)xF will then start taking effect as an inhabitant tax deduction, distributed over 12 months starting June 2023.
(This example ignores the like 2000yen admin fees I mentioned)