Author: sampomich

Insurance Premium Deduction Form (for Year-End Adjustment)

Year-End Tax Adjustment Documents: Maximizing Deductions on the Insurance Premium Deduction Form (Reiwa 8 Edition)

Early or delayed retirement

By adjusting the start date of your old-age pension (Basic Pension and Employees' Pension), we calculate the age at which the total cumulative pension received reverses compared to the total received starting at age 65—the so-called break-even point.

Time Tracking (Monthly)

It simply tallies the hours for each month and calculates the cumulative total.

Consecutive Childcare Leave

If you are currently on parental leave and are planning to have another child, we’ll check whether you can take consecutive periods of parental leave.

Average Wage (Labor Standards Act)

Calculate the "average wage" as defined by the Labor Standards Act based on the "wages," "calendar days," and "working days" for each of the past three months.

Maternity Leave Benefits

We estimate the amount of the maternity allowance (sickness allowance) based on the average annual Employees' Pension Insurance premiums.

Social Insurance (Annual Determination)

Social Insurance: We will determine the grade and insurance premiums based on the regular assessment for the April, May, and June paychecks.

Childcare Shortened Work Hours Allowance (Pilot Program)

Calculation of the Childcare Shortened Work Hours Employment Allowance for Workers with Children Under 2 Years of Age (Draft)

Continuation of Employment for Older Workers Benefit (calculated at 15% prior to the amendment)

This is the calculation for the Continued Employment Benefit for Older Workers regarding wage reductions after age 60.

Employment Separation Certificate (Calculation of Daily Wage)

Calculate the daily wage based on the figures listed on the Employment Insurance Separation Certificate.

Old-Age Employees' Pension While Employed (Calculation of Suspension Amount)

The amount by which the in-service old-age welfare pension is suspended while you are employed is calculated based on your salary and annual bonus.

Payroll Calculation Simulation

We calculate the take-home pay by deducting social insurance premiums from the total gross pay (monthly salary) and calculating the withholding income tax.

Calculation of Fixed Overtime Pay (Excluded from Total Hours)

When introducing a fixed (deemed) overtime pay system, we will calculate how much of a supplement will be added under the “separate allowance” model.

Mid-period conversion of remaining vacation hours

When employees are permitted to use various types of leave in units of time (minutes), if they switch to reduced working hours or similar arrangements (or, conversely, return to regular working hours) during the fiscal year, the remaining balance of hours (minutes) will be converted to a balance adjusted to the new scheduled working hours.

Calculating Remaining Childcare Leave Days

Based on the number of days of child care leave and family care leave granted and the number of days taken through the middle (or end) of the fiscal year, the remaining balance (days, hours, minutes) is calculated.

Annual Salary System

Based on the annual salary and the number of bonus months, calculate the monthly salary and bonus amounts.

Bonus Calculation Simulation

This simulation calculates social insurance premiums and withholding income tax based on the total bonus amount for Reiwa 8, and determines the net pay.

Labor Insurance Final Tax Return (for Ongoing Businesses)

For the annual tax return for labor insurance (workers' compensation insurance and unemployment insurance), which is filed between June and July each year, this program calculates and outputs the figures to be entered on the tax return form based on the annual wages and insurance premium rates.

Looking Back Four Years (Unemployment Insurance)

For the monthly wage certification required for the “Childcare Leave Benefits” under Employment Insurance, you must have worked for at least 11 days in 12 months over the past two years.

Social Insurance (Ad Hoc Adjustments)

We perform the calculations and determinations required for interim adjustments to social insurance.

Upper Limit on Overtime and Holiday Work Hours

This calculates the monthly maximum number of hours for overtime and holiday work (Labor Standards Act, Article 36, Paragraph 6, Items 2 and 3).

Total Statutory Working Hours

Calculate the statutory total working hours based on the number of calendar days (period) for the variable work hour system’s variable period and the flex-time system’s settlement period.

Estimate total pay based on desired take-home pay

We’ll calculate the total gross pay required to achieve your desired take-home pay under a monthly salary system.