TaxSimplified Consumption Tax Filing Available for Businesses Under ¥50M Revenue
The NTA has expanded eligibility for simplified consumption tax filing, raising the revenue threshold from ¥50 million to ¥80 million for FY2026. This allows more small businesses to use deemed purchase ratios instead of tracking actual input tax credits, reducing accounting burden significantly.
Why It Matters: Simplified filing dramatically reduces bookkeeping requirements for qualifying businesses
What To Do: Review FY2024 base period revenue to determine eligibility for simplified filing
National Tax AgencyJan 6, 2026