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@flypentop Apologies if I am too intrusive, but could you give me some scope of expectations of what accountancy fee's are like in Japan for a KJ business operation? Also would said accountancy fees be tax deductible as an expense from the business?

@kristhuy When calculating business tax, residence tax and NHI contributions, are the 3-5%, 10% and approx 10% respective rates based on taxable income minus both the personal exemptions (¥480,000 / ¥430,000 for residence tax) and income tax bracket exemptions (e.g ¥427,500 in the 3.3-6.95m...

@kristhuy Say I have a registered KJ for Cryptocurrency trading that has a taxable income of 6 million yen. I also have a registered KJ for a blog/website/social media presence that operates at a minimal profit / loss but each expense has a clear intention for income generating activities...

@reflectionsbythewater Thanks for highlighting this. I've followed up with looking at the blue form returns and the limit to expenses that can be deducted without them becoming assets. Out of curiosity however, what exactly stops expenses from being deducted and then being sold later on outside...

Is there a limit to the number of Koshi Jigyo's that can be established by a single person? Am I correct in understanding that business expenses from one break-even/in-losses KJ can be deducted from the taxable income another KJ? If goods were purchased, e.g. hardware, prior to establishing a KJ...