Hi, everyone!
I arrived in Japan in May 2022 on a spousal visa, and from then on until the end of 2022, I did have no worldwide income whatsoever (I didn’t work and did not have any cap gains).
That lead me to believe that I don’t have to file a tax return for 2022, and I didn’t. However, I later learned that I have to pay taxes for ‘FX gains’, since I lived off my foreign savings and spent foreign currency in Japan (credit card and direct transfers to my Japanese bank account), and the Yen has depreceated quite a lot as of late. These gains have to be filed under ‘miscellaneous‘. So last month I filed a late tax return for 2022 (with the help of a tax accountant). He said because of the amount in question there would be no penalty involved for late filing. I paid the income tax via pay slip on the same day of the filing and I’m still waiting for the payslips for the residence tax.
I have two questions:
1. Could there be a problem later on when I might apply for PR since they check if you have paid taxes on time? I mean, technically I haven’t paid the tax late, I just filed late. Since I started to work in 2023 I will soon file the return for 2023 on time, of course.
2. How does this affect health insurance and pension contribution? I read that health insurance payments change with the taxes paid; does that mean that I will retrospectively have to pay more for 2022 (since neither my wife nor I worked in 2022, we were in the lowest bracket I think). And if so, how will that play out (will they send me an invoice for the amount due?) And what about pension (I always paid the basic contribution of around 16k yen/month). Does this always rise once you pay income tax or can that stay at the basic rate?
Would be great if I could clarify that. Thanks so much in advance!
by Southern-Try4547