Major changes to municipal and metropolitan resident taxes for fiscal year 2022

Regarding extension of special period for mortgage deduction

For houses to which the consumption tax rate of 10% is applied, the current special housing loan deduction measures will be applied in the following cases.

• Contract period: From December 1, 2020 to November 30, 2021

Note: For custom-built homes, from October 1, 2020 to September 30, 2021

• Tenancy period: From January 1, 2021 to December 31, 2022

About the self-medication tax period

The period has been extended by five years (from 2020 to 2020) by focusing on more effective targets and simplifying procedures.
Please see the Ministry of Health, Labor and Welfare website (external link) for details on eligible items and conditions for receiving deductions.

Tax exemptions for child-rearing subsidies implemented by the national and local governments

From the perspective of child-rearing support, subsidies related to child-rearing (such as fees for babysitters and unlicensed child-care facilities) received from the national and local governments are now treated as tax-exempt income (before the reform, they were treated as miscellaneous income).