Search found 4380 matches

by RetireJapan
Sat Apr 27, 2024 5:27 am
Forum: Taxes
Topic: Social insurance potentially being added to financial income
Replies: 6
Views: 67

Re: Social insurance potentially being added to financial income

Just checked for Miyagi and this will not make all that much difference after all. Phew.
by RetireJapan
Sat Apr 27, 2024 4:40 am
Forum: Taxes
Topic: Social insurance potentially being added to financial income
Replies: 6
Views: 67

Re: Social insurance potentially being added to financial income

Eeeek. This would... mess up my plans somewhat :?
by RetireJapan
Sat Apr 27, 2024 1:42 am
Forum: Real Estate
Topic: Selling a flat in the UK
Replies: 5
Views: 168

Re: Selling a flat in the UK

Don't sell it, the Japanese tax office will really go after you especially if you have been reporting it in your yearly tax return with depreciation. Although you probably will be able to subtract the capital gains tax you paid in the UK from anything owed in capital gains in Japan. I'm not plannin...
by RetireJapan
Fri Apr 26, 2024 5:38 am
Forum: Pension
Topic: Voluntary UK pension contribution
Replies: 17
Views: 1033

Re: Voluntary UK pension contribution

Looks like UK state pension is not taxed in the UK for non-residents.

So Japanese income taxes. I'm guessing it would qualify for the nenkin deduction.
by RetireJapan
Thu Apr 25, 2024 2:12 am
Forum: Insurance
Topic: Liability insurance
Replies: 12
Views: 339

Re: Liability insurance

Thanks to both of you for taking the time to reply in detail. I'm really in two minds about it, and my wife - who is usually more risk-averse than me - doesn't think we need it. It might be better to spend that 20,000 yen on accident prevention, such as better lighting in the carpark, or replacing ...
by RetireJapan
Thu Apr 25, 2024 2:06 am
Forum: Banking
Topic: Payment from Singapore to Japan question
Replies: 6
Views: 476

Re: Payment from Singapore to Japan question

After a delay I am now receiving payments from Singapore to my SHINSEI BANK account. Many thanks for the advice here on this Forum. I then tried to transfer some funds from my SHINSEI BANK account to my WISE account. However, during the online process the WISE bank is not an option even though I se...
by RetireJapan
Wed Apr 24, 2024 2:26 pm
Forum: Banking
Topic: Using WISE to repatriate USD from Firstrade to Japan?
Replies: 11
Views: 391

Re: Using WISE to repatriate USD from Firstrade to Japan?

Unfortunately, when I tried to link the "Wise(US) Checking Account" to my Firstrade account so that it would allow ACH transfers to and from Wise's virtual account, the Firstrade site just would not allow the link, returning a "Profile setup for this bank is not supported" error...
by RetireJapan
Wed Apr 24, 2024 8:08 am
Forum: Insurance
Topic: Liability insurance
Replies: 12
Views: 339

Re: Liability insurance

I wonder if Ben or anyone else can remember what they claimed for in the past. Something on this list or something I haven't thought about? We have about 100 students and I'm still wondering if the cost (20,000 yen?) justifies the risk. Also, student numbers vary and it would be a nightmare if we w...
by RetireJapan
Wed Apr 24, 2024 6:20 am
Forum: iDeCo
Topic: iDeCo Robo Advisor Portfolio at MONEX...yay or nay?
Replies: 17
Views: 446

Re: iDeCo Robo Advisor Portfolio at MONEX...yay or nay?

I think I'll take Ben's advice and look at this ideco as simply one bucket into which I'll put something which has more upside potential (but with mitigated risk) like the eMAXIS Slim 8 asset equally weighted fund. I know everyone here hates it for its huge skew to EM and REITS as well as Japanese ...
by RetireJapan
Wed Apr 24, 2024 6:10 am
Forum: Inheritance/Estates
Topic: what is spousal credit?
Replies: 7
Views: 242

Re: what is spousal credit?

The spouse credit is the greater of 160M or the Statutory Spouse Share of the Tax on the Estate, So if for example, there are Statutory Heirs for the Tax Calculation of Spouse and 2 children, the Statutory Shares are 50% for the Spouse Statutory Share and 25% each for the Children's Statutory Share...