Part 1 (Seigou Masaki)
It is often said that individual owner-managers get preferential treatment over company employees when it comes to taxes. People probably think individual business owners can hide their income and use their expenses as they please. But is this really true? The answer is a resounding “no”. Those who have experienced both being a company employee and self-employed will likely know that, in fact, the tax burden on the latter is greater. However, there is no need to bemoan a potentially large tax burden. Unlike company employees, individual business owners do have scope for tax reduction. Being smart about employing tax reductions can significantly reduce the tax burden. Perhaps then it is more correct to say, “individual owner-managers who employ smart tax-reduction strategies get preferential treatment when it comes to taxes.”
Topics to be covered include:
- Basic knowledge for tax-reduction
- Blue Form tax return
- Tax-reduction strategies (sales, stock, sundry expenses, income exemptions and deductions)
- Incorporation
Part 2 (Fumiko Iguchi)
Drawing on her eight years of personal experience, Fumiko Iguchi will discuss important points to remember when submitting the Blue Form, paying particular attention to unique issues that translators and interpreters face. The presentation, conducted in an open dialogue format, will also incorporate advice along the way from the first speaker, tax accountant Seigou Masaki. Allowing plenty of time for questions to both speakers, the goal is to find a way to remove the doubts and anxieties freelance translators and interpreters may face on a daily basis.
Based on the belief that asset building and management are essential for improved stability in the otherwise insecure world of freelancing, Ms. Iguchi will introduce simple tax reduction methods through the national taxation system, as well as asset management practices that take into account both age and risk tolerance variations.
Seigou Masaki
Graduated from Keio University Faculty of Business and Commerce and entered the East Japan Railway Company in 1993. Joined es Networks Co., Ltd. in 2002 and became engaged in the accounting and finance field from this time onwards. Currently works at AERTS Tax Accountants’ Office in Roppongi, Tokyo. Licensed as a tax accountant and a social insurance consultant.
He is a frequent speaker at seminars held by tax accountants’ associations and chambers of commerce and industry. Specializes in matters concerning accounting, taxation business, insurance (public and private), business succession, inheritance, dealings with banks, and asset management, making him an “all-rounder.”
Fumiko Iguchi
Business translator in German, English and Japanese. Graduated from Rikkyo University College of Arts. Studied at the Humboldt University of Berlin from 1992-1994. After interpreting freelance, she worked at a translation company for ten years. Became a freelance translator in 2005. Her field of expertise includes automobiles, machinery, medical devices, dentistry, chemistry, biotechnology and patent specifications. She is one of the founding members of the translators study group “Ju-nin to-iro.” She is also the co-organizer of gatherings for the women members of a group of small but steady investors and is on the organizing committee for IJET 25.
Date: Saturday, November 9, 2013
Time: 14:00-17:00
Doors open: 13:30
Place: Forum 8, Shibuya
Address: Dogenzaka 2-10-17, Shibuya, Tokyo
Phone: 03-3780-0008
Cost: JAT members free, Non-members 1,000 yen (advance registration NOT necessary)
Koryukai: from 17:15 (advance registration is NOT necessary, register and pay at seminar reception)
Venue: The Aldgate
Cost: 2,000 yen (Food only/cash bar)
Inquiries: Tokyo Activities Committee