I'm about to start a side job, I plan to register as a sole-proprietor. Now, while my employer doesn't forbid side job, they don't exactly support it either (which I don't blame them to be honest). Because of that, I prefer to not let them know if possible.
Some info about me: non-US taxpayer, PR holder, seishain, wife and kids on my health insurance/pension, don't qualify for YETA and have to do 確定申告 on my own anyway. Below are the steps I plan to take, do them sound right?
- From next year, ask the tax office to send residence tax bill direct to me, instead of paying through my employer.
- Deduct income tax on my salary every month as normal. Report my side-gig income and expense, then pay the remaining tax during 確定申告. This likely means I'll have to pay 予約納税 from next year, but whatever.
- My insurance/pension is already at the highest bracket, so I guess nothing change? Or do I have to pay more out of pocket for my side-gig income? Either way I guess this doesn't affect how much my employer has to pay/deduct?
- Anything else I'm missing?
by xevaj