Tama Tax Tokyo Official Blog

Certified Tax Accountant Advice available in English for foreign residents in Japan

Heisei era = Consumption Tax era

Next new era name " ??" is going to be announced at 11:30 AM today.

 

Consumption Tax 3% was enforced in Japan on April 1 in 1989.
Just 30 years ago from now, and it was the first year of Heisei era.

 

It means that the beginning of Heisei era was equal to the first year of Consumption Tax.

 

At that time, I was a high school student.
I don't remember much about it actually, and I had not imagined becoming a tax accountant in the future...

 

Next era name "?? " will be the first year of Consumption Tax 10% and 8% & 10% multiple tax rates after Consumption Tax hike, which are going to be started from October 1st.

f:id:tamabar:20190327095929j:plain