The text

About retirement income

Update day: April 1, 2016Print this page

About residence tax for retirement income

 When residence tax for retirement income pays separation pay, giver calculates the amount of a tax and collects the amount of a tax extra from payment amounts of money such as separation pay, and it is decided to deliver report.
1.Delivery
  As of January 1 in year when day (day when we usually retired) when you should receive payment of the separation pay of person receiving separation pay belongs
It is the municipality of address to be able to put in this.

2.Delivery method
  We list necessary matter in predetermined municipal tax citizen of the prefecture tax delivery report (the back side of delivered letter of advice of paper same as delivery book) and collect extra
Please put by delivery book by 10th in the next month of the moon which you did.

3.Person whom residence tax is not levied on for separation pay
  ◎Person who does not have address in the country as of January 1 of age to belong on day when you should receive payment of separation pay
  ◎We receive livelihood assistance by National Assistance Act as of January 1 of age to belong on day when you should receive payment of separation pay
Person from ru
  ◎Separation pay that is paid by the death (inheritance tax become taxable)
  
4.Report of person receiving payment
  When person receiving payment of separation pay receives payment, it is just, via giver by "retirement income report", is city
 We are to submit to heads of towns and villages.
  (but considered that this report was submitted to mayors, town managers, and village headmen when givers such as separation pay accepted giver
 To keep at hand.)

 

 

 

About calculation method of residence tax for retirement income

 Tax credit of 10% of residence tax to affect retirement income from January 1, 2013 is abolished. Calculation method is as follows.

[we apply from January 1, 2013]

1.Calculation method of residence tax for retirement income
(1) Calculation of retirement income deduction

 ◎In the case of length of service <= 20 years
  400,000 yen X length of service (when it does not reach 800,000 yen 800,000 yen) = retirement income deduction
 ◎Length of service>In the case of 20 years
  700,000 yen X (length of service -20 year) +800 ten thousand Japanese yen = retirement income deduction

*We round off fractions within one year of length of service and above to the next whole number.
*When we retire by having corresponded to person with a disability during holding the post, we add 1 million yen to retirement income deduction.

(2) Calculation of the amount of retirement income

(amount of retirement bonus payment - retirement income deduction) the amount of X 1/2 = retirement income
                  (fraction less than 1,000 yen cuts off)

*About corporation officers less than length of service five years, measures to multiply 1/2 by were abolished.

(3) Calculation of the special collection amount of a tax

 *6% of amount of retirement income = citizens amount of a tax (fraction less than 100 yen cuts off)
 *4% of amount of retirement income = citizens of the prefecture amount of a tax (fraction less than 100 yen cuts off)
 The amount of a tax civic + citizen of the prefecture amount of a tax = special collection amount of a tax

2. Calculation example
 The special collection amount of a tax when we retired in length of service 28 years four months and received the retirement bonus of 18,223,632 yen?

 1.Retirement income deduction
   As for the length of service, round off fractions within one year and above to the next whole number; and 29 years
   700,000 yen X (from 29 years to 20 years) +800 ten thousand Japanese yen = 14,300,000 yen
 2.The amount of retirement income
   (18,223,632 yen - 14,300,000 yen) X 1/2
   =3,923,632 yen X 1/2
   =1,961,816 yen ⇒ 1,961,000 yen (fraction less than 1,000 yen cuts off)
 3.The special collection amount of a tax
   <municipal tax>
   1,961,000 yen *6% = 117,660 yen ⇒ 117,600 yen (fraction less than 100 yen cuts off) 
   <citizen of the prefecture tax>
   1,961,000 yen *4% = 78,440 yen ⇒ 78,400 yen (fraction less than 100 yen cuts off)  
 
       117,600 yen +78,400 yen = 196,000 yen   

[we apply from January 1, 2007 to December 31, 2012]

1.Calculation method of residence tax for retirement income
(1) Calculation of retirement income deduction

 ◎In the case of length of service <= 20 years
  400,000 yen X length of service (when it does not reach 800,000 yen 800,000 yen) = retirement income deduction
 ◎Length of service>In the case of 20 years
  700,000 yen X (length of service -20 year) +800 ten thousand Japanese yen = retirement income deduction

*We round off fractions within one year of length of service and above to the next whole number.
*When we retire by having corresponded to person with a disability during holding the post, we add 1 million yen to retirement income deduction.

(2) Calculation of the amount of retirement income

(amount of retirement bonus payment - retirement income deduction) the amount of X 1/2 = retirement income
                  (fraction less than 1,000 yen cuts off)

(3) Calculation of the special collection amount of a tax

 *6% of amount of retirement income *90% = citizen amount of a tax (fraction less than 100 yen cuts off)
 *4% of amount of retirement income *90% = citizen of the prefecture amount of a tax (fraction less than 100 yen cuts off)
 The amount of a tax civic + citizen of the prefecture amount of a tax = special collection amount of a tax

*The amount of a tax total that we multiply the amount of retirement income by tax rate of municipal tax (6%), citizen of the prefecture tax (4%) and subtracted by 10% each is the special collection amount of a tax
  It becomes in this.
 

Inquiry about this page

[ Residence tax charge ]
〒935-8686 1060, Kurakawa, Himi-shi, Toyama Tel: 0766 (74) 8043 Fax: 0766(74)4004 Contact

Did this information help?

Please let know your opinion to make better homepage.

Was information of this page useful?
   
Was it easy to find this page?
   
How did you arrive at this page?