Main Changes in the Municipal Resident Tax and Tokyo Metropolitan Resident Tax for Fiscal Year 2021

Changes to the Basic Deduction Amount

• Increased the basic deduction amount by 100,000 yen, changing it from 330,000 yen to 430,000 yen
• If the total income amount exceeds 24 million yen, it will be reduced in three stages, and if it exceeds 25 million yen, it will be excluded from application.
• Reduction in salary income deduction and public Pension deduction due to the increase in the basic deduction amount

Establishment of Single-Parent Deduction and Revision of Widow Deduction

• The single-parent deduction applies to single individuals (limited to a total income of 5 million yen or less) who have children living with them (excluding those whose total income is 480,000 yen or less and are considered dependents of other taxpayers), regardless of marital history or gender, with a deduction amount of 300,000 yen.
• The widow's deduction applies to those who have lost their husband due to death or divorce and have not remarried, or to those whose husband's status is unknown, and who have dependents other than children (limited to a total income of 5 million yen or less), with a deduction amount of 260,000 yen.
  Note: However, for those who have lost their husband or whose status is unknown, if their total income is 5 million yen or less, the presence of dependents is not a requirement.