Overview
Semi-annual withholding tax payment for Jul-Dec period.
Schedule
Every year on 1/20 (or next business day)
Applicability
- Applicable to: Kabushiki Kaisha (KK), Godo Kaisha (GK), Individual
- Requires paying salaries
- Requires semi-annual withholding approval
Authority
Financial Institution / Tax Office
金融機関・税務署
Filing Methods
Additional Details
This is the second semi-annual payment. Withholding tax on salaries, retirement allowances, and certain professional fees paid during July through December is consolidated and paid by January 20 of the following year. Note the asymmetry in deadlines: H1 (Jan-Jun) is due July 10, but H2 (Jul-Dec) is due January 20 (not January 10). The extra 10 days accommodate year-end adjustment (年末調整) processing.
Penalties for Non-Compliance
Same penalties as the first semi-annual period: • Non-payment surcharge (不納付加算税, Art. 67): 10% (5% if voluntary). • Delinquent tax (延滞税, Art. 60): 2.4%/year for the first 2 months, 8.7%/year thereafter (Reiwa 7 special rates).