🌻 Forest Accounting Course Episode 166: 'Those Who Pay and Those Who Don't'

Are you subject to estimated tax payments? Learn the criteria for determining this in the forest.

'Do I have to pay, too?'

Gray asked, looking worried.

When people hear the term 'estimated tax payment,' many think the same thing: 'Does this apply to me?'

Who is subject and who is not

You are subject to estimated tax payments if your income tax amount from the previous year was 150,000 yen or more.

If it is less than 150,000 yen, there is no need for estimated tax payments.

How to check

Between the end of June and the beginning of July, you will receive a 'Notice of Estimated Tax Payment' from the tax office.
The amount is written on this notice.

If you receive the notice, it means you are subject to it.
If you don't receive one, you are not subject to it this year.

In Gray's case

'150,000 yen or more...'

Gray made a complicated face.

It was a mix of relief and the realization of how much he had earned.

Hito-chan said, 'Having taxes to pay means you earned that much. You should be proud.'

When the notice arrives, just check the amount.
That is all you need to do.🌿

#ForestAccountingCourse #EstimatedTaxPayment #Freelance #SoleProprietor #Taxes

🌸 For those meeting me for the first time, here is Tax Accountant Hito-chan's self-introduction.

📚 For those who want to continue reading, the 'Forest Accounting Course' is compiled here.