Municipal tax and metropolitan inhabitant tax on retirement income

　As with income tax, individual municipal tax and metropolitan inhabitant tax related to retirement income are separated from other income and calculated by the payer of retirement allowance, etc., and special collection is made at the time of payment of retirement allowance, etc. I'm here.

　Those who have an address in Inagi City as of January 1 of the year in which the date on which they should receive retirement allowance (usually the date of retirement) belongs

Calculating Taxable Retirement Income

　(1) (retirement allowance - deduction for retirement income) x 1/2 = taxable retirement income (rounded down to the nearest thousand yen)
For employees other than executives, etc. who have worked for 5 years or less, use the formula (2).
(2) Retirement allowance - Retirement income deduction = A (3 million yen if over 3 million yen)
A × 1/2 + (retirement allowance - retirement income deduction - 3 million yen) (B) = taxable retirement income (rounded down to the nearest thousand yen)
If (B) is 0 yen or less, (B) = 0 yen.

Retirement Income Deduction Calculation

　400,000 yen x number of years of service (800,000 yen if less than 800,000 yen)
How to calculate when the length of service exceeds 20 years: 8 million yen + 700,000 yen x (years of service - 20 years)

Calculation of municipal tax special collection tax amount

　Taxable retirement income amount x 6% = Municipal tax special collection amount (rounded down to the nearest hundred yen)

Calculation of Metropolitan Inhabitant Tax Special Collection Tax Amount

　Amount of taxable retirement income x 4% = Amount of special collection of metropolitan inhabitant tax (rounded down to the nearest 100 yen)
The amount to be paid is the sum of the municipal tax special collection tax amount and the metropolitan inhabitant tax special collection tax amount.

The calculation example is based on the following conditions.
Length of service 29 years Retirement allowance 19,555,000 yen

Retirement Income Deduction Calculation

　With more than 20 years of service,
Retirement income deduction is 8 million yen + 700,000 yen x (29 years - 20 years) = 14,300,000 yen.

Calculating Taxable Retirement Income

　(19,555,000 yen - 14,300,000 yen) x 1/2 = 2,627,500 yen Rounded down to the nearest thousand yen, it becomes 2,627,000 yen.

Calculation of Municipal and Metropolitan Inhabitant Taxes on Retirement Income

　Calculation of municipal tax special collection tax amount 2,627,000 yen × 6% = 157,620 yen Rounded down to the nearest 100 yen, it will be 157,600 yen.
2,627,000 yen x 4% = 105,080 yen Rounded down to the nearest 100 yen, it will be 105,000 yen.

Payment amount

　157,600 yen + 105,000 yen = 262,600 yen.

Retirement Allowance - Retirement Income Deduction = Taxable Retirement Income

What are officers, etc.?

(1) Corporate directors, executive officers, accounting advisors, auditors, directors, auditors, liquidators, and other persons engaged in corporate management who are specified by government ordinance (2) Diet members and local governments Members of parliament of public bodies (3) National public servants and local public servants