The deduction is gradually reduced for income above ¥1.23 million (or ¥1.88 million if income is only from salary).
Explainer: 1.03 Million Yen Income Threshold Updates and What to Check Before Year-End Tax Filing
|NEWS
The deduction is gradually reduced for income above ¥1.23 million (or ¥1.88 million if income is only from salary).