Japan: New Invoicing System
6th October: From 1 October 2023, Japan will introduce a new JCT (Japan Consumption Tax) system, meaning sellers will need to register with the tax office in order to obtain a consumption tax ID.
6th October: From 1 October 2023, Japan will introduce a new JCT (Japan Consumption Tax) system, meaning sellers will need to register with the tax office in order to obtain a consumption tax ID.
12th April 2020: Fears grow in Japan that increase in consumption tax may cause a recession in the Japanese economy.
30th September 2019: Changes are coming into force on October 1st 2019.
16th August 2019: On the 1st October 2019 the Japanese government are planning to raise the consumption tax from 8% to 10%.