Search found 81 matches

by Yossarian
Tue Apr 23, 2024 4:38 am
Forum: Small Business/Self-employment
Topic: Insurance for freelancers
Replies: 6
Views: 372

Re: Insurance for freelancers

Yes. I always thought insurance for freelancers was about covering health related issues. I'm not even sure how income protection would work in my case because income varies so much month by month.
by Yossarian
Mon Apr 22, 2024 1:04 pm
Forum: Small Business/Self-employment
Topic: Insurance for freelancers
Replies: 6
Views: 372

Re: Insurance for freelancers

What would you need to insure as a freelancer that any health/life insurance doesn't cover? I'm a freelance writer so have no assets. My health insurance covers me in case of hospitalization/serious injury or sickness. They way I'm thinking at the moment is having as big of an emergency fund as poss...
by Yossarian
Mon Apr 22, 2024 12:20 am
Forum: Taxes
Topic: Children's Accounts - Deposits and Gift Tax
Replies: 54
Views: 1182

Re: Children's Accounts - Deposits and Gift Tax

There's quite a bit of NTA paranoia on that subreddit. Seems everyone thinks NTA is checking everything everyone does.
by Yossarian
Mon Apr 15, 2024 12:39 am
Forum: Small Business/Self-employment
Topic: Bank recommendations for small business (GK)
Replies: 21
Views: 1401

Re: Bank recommendations for small business (GK)

I set up a Rakuten business account. It's free. But I'm a freelancer so not sure if it'd be the same for a GK. Tbh, I don't use that account anymore cos transfers aren't free. Also, as a freelancer isn't any need for a business account. So I set up a second account with SMBC instead — get free trans...
by Yossarian
Wed Apr 10, 2024 4:33 am
Forum: General
Topic: SBI etc. equivalents in Australia?
Replies: 2
Views: 374

Re: SBI etc. equivalents in Australia?

Vanguard is popular in Australia.
by Yossarian
Sun Apr 07, 2024 11:04 am
Forum: General
Topic: Resigning from seishain position, going freelance
Replies: 16
Views: 610

Re: Resigning from seishain position, going freelance

international clients, I will not have to bother with either of those? I was under the impression that I at least would have to charge them sales tax. Yes, generally speaking you don't charge sales tax to overseas companies even if you have revenue over 10mil in a year. There are exceptions but whe...
by Yossarian
Sat Apr 06, 2024 11:25 am
Forum: General
Topic: Resigning from seishain position, going freelance
Replies: 16
Views: 610

Re: Resigning from seishain position, going freelance

Are your clients based in Japan or overseas? That affects whether you might need to charge sales tax and whether you need to bother with インボイス制度
by Yossarian
Mon Mar 11, 2024 12:03 pm
Forum: RetireJapan for Dummies
Topic: Rethinking emergency funds
Replies: 24
Views: 1203

Re: Rethinking emergency funds

banders wrote: Mon Mar 11, 2024 9:52 am
That's how I'm thinking. I have my own business so it's not like I can lose my job.
[/quote]

But if something went wrong you could lose customers, right?
by Yossarian
Fri Mar 08, 2024 4:24 am
Forum: Taxes
Topic: Gift Tax question
Replies: 19
Views: 1433

Re: Gift Tax question

ClearAsMud wrote: Sun Nov 20, 2022 7:03 am
1) I'd say yes, if you're not planning to use the money to buy a house or land for one.
How does cash for buying a house or land affect gift tax? Is it untaxable? Different rate?
by Yossarian
Mon Mar 04, 2024 10:58 am
Forum: Small Business/Self-employment
Topic: Bank recommendations for small business (GK)
Replies: 21
Views: 1401

Re: Bank recommendations for small business (GK)

I just want the payment process to be as worry-free for my clients as I can possibly make it for them. Wise for transfers into a USD virtual account and Stripe for CC payments is smooth and worry-free. I only do Wise at the moment but if a client was determined to pay by CC, I'd use CC. I don't min...