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Thread: Money Talks

  1. #1

    Default Money Talks

    I'm in a casual JET group chat and quite a few of them are all suddenly panicking about "inhabitants/residents tax" and throwing random numbers around ranging from 4 man to 30 man?

    Please, o' senpais of ITIL, shed some truth on the matter~ Your words I will believe!
    Quote Originally Posted by mothy View Post
    It could happen. 1/100.

  2. #2

    Default Re: Money Talks

    You have to pay residence tax to reside somewhere. It differs based on where you reside.

    There's a lump sum and also an option to pay it in installments. That could be a reason people are confused.

  3. #3

    Default Re: Money Talks

    If you're american, you don't need to pay anything for two years, if you filed the right paperwork.

    It will vary depending on income as well. noobs pay less than old fogies.

    The lowest I've heard for a full year is 100000, the highest was like 300000.

    Do people on the new contract still get reimbursed for it?

    EDIT: Oops, missed some zeroes
    Last edited by uthinkimlost?; March 16th, 2016 at 15:56.
    Quote Originally Posted by Jiggit View Post
    But what if we reverse the polarity of the quantum string theory? According to uncertainty principle there are infinite worlds out there, so it stands to reason schrodinger's cat is alive in one of them.


    Quote Originally Posted by Apollo87;
    U da real mvp.

  4. #4

    Default Re: Money Talks

    ty boys <3
    Quote Originally Posted by mothy View Post
    It could happen. 1/100.

  5. #5

    Default Re: Money Talks

    Quote Originally Posted by uthinkimlost? View Post
    Do people on the new contract still get reimbursed for it?
    I don't think so.

    Thankfully, my town still compensates me for it. They threw it in last year as a bonus to make staying another year more attractive, as it wasn't listed in my older contracts at all.
    Last edited by webstaa; March 16th, 2016 at 14:25.

  6. #6

    Default Re: Money Talks

    Quote Originally Posted by webstaa View Post
    I don't think so.
    And the total take-home salary sinks even lower.
    Quote Originally Posted by Jiggit View Post
    But what if we reverse the polarity of the quantum string theory? According to uncertainty principle there are infinite worlds out there, so it stands to reason schrodinger's cat is alive in one of them.


    Quote Originally Posted by Apollo87;
    U da real mvp.

  7. #7
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    Default Re: Money Talks

    Where I live it's almost a paycheque.

  8. #8
    Senior Member GodInStrafeMode's Avatar
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    Default Re: Money Talks

    Quote Originally Posted by lightpop View Post
    Where I live it's almost a paycheque.
    It's usually my summer bonus (and like most things in Japan, it's based on your income for the previous fiscal year hence why it will be quite low for first year JETs)
    /\\//\/\ /\\//\/\ /\\//\/\

  9. #9
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    Default Re: Money Talks

    Quote Originally Posted by GodInStrafeMode View Post
    It's usually my summer bonus (and like most things in Japan, it's based on your income for the previous fiscal year hence why it will be quite low for first year JETs)
    Yeah first year it was around 16,000 I think. This year it's going to be about 170,000.
    Aaaand summer bonus wah?

  10. #10
    Senior Member GodInStrafeMode's Avatar
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    Default Re: Money Talks

    Quote Originally Posted by lightpop View Post
    Aaaand summer bonus wah?
    #nolongeraJETslave
    /\\//\/\ /\\//\/\ /\\//\/\

  11. #11
    Billy Big Bollocks Ini's Avatar
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    Default Re: Money Talks

    Only suckers pay residence tax.
    Great men of action never mind on occasion being ridiculous; in a sense it is part of their job.

  12. #12

    Default Re: Money Talks

    Quote Originally Posted by Ini View Post
    Only suckers pay residence tax.
    How do you get around it? Walk into the tax office humming God Save the Queen, slap the counter assistant with your dick, then walk out?
    Quote Originally Posted by Jiggit View Post
    But what if we reverse the polarity of the quantum string theory? According to uncertainty principle there are infinite worlds out there, so it stands to reason schrodinger's cat is alive in one of them.


    Quote Originally Posted by Apollo87;
    U da real mvp.

  13. #13
    Billy Big Bollocks Ini's Avatar
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    Default Re: Money Talks

    live in a town that doesn't charge residence tax
    Great men of action never mind on occasion being ridiculous; in a sense it is part of their job.

  14. #14

  15. #15
    Senior Member GodInStrafeMode's Avatar
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    Default Re: Money Talks

    Quote Originally Posted by Jiggit View Post
    Live in a town that was swept away by a tsunami.

    seems like a fair deal if you ask me
    /\\//\/\ /\\//\/\ /\\//\/\

  16. #16
    Gizmoduck - blatherskite Gizmotech's Avatar
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    Default Re: Money Talks

    Ya, my residence tax is 14000 a month, which was being paid for by my employer.

    Keep in mind you are responsible for paying for your residence tax before you screw off from Japan as well. Many people around me have learned this one the hard way when they had a 2k bill as they were leaving.
    Quote Originally Posted by Cytrix View Post
    Organising anything with ALTs is like herding cats on catnip

    Quote Originally Posted by Antonath View Post
    We Jeeperneez are express all emotion through money. Wedding is happy money. Funeral is sad money. Izakaya is friendship money. Girl-bar is almost-sex money. But babby-borning is bery happy money, as no babby in Japan. All babby is special so we is givings much money as presento for babby.

  17. #17
    Senior Member GodInStrafeMode's Avatar
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    Default Re: Money Talks

    Quote Originally Posted by Gizmotech View Post
    Many people around me have learned this one the hard way when they had a 2k bill as they were leaving.
    Happens every.single.time
    /\\//\/\ /\\//\/\ /\\//\/\

  18. #18
    Gizmoduck - blatherskite Gizmotech's Avatar
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    Default Re: Money Talks

    Quote Originally Posted by GodInStrafeMode View Post
    Happens every.single.time
    Ya. But it seems to have become worse since the contract change.
    Quote Originally Posted by Cytrix View Post
    Organising anything with ALTs is like herding cats on catnip

    Quote Originally Posted by Antonath View Post
    We Jeeperneez are express all emotion through money. Wedding is happy money. Funeral is sad money. Izakaya is friendship money. Girl-bar is almost-sex money. But babby-borning is bery happy money, as no babby in Japan. All babby is special so we is givings much money as presento for babby.

  19. #19

    Default Re: Money Talks

    From what I remember, my school paid it for me. I don't think I had anything extra coming out of my pay to cover it.....
    I know this is a few years out of date, but between 2004 and 2009 JET pay was Y300,000/month. I got Y264,000/month in my bank account. I honestly can't remember what the Y36,000 was for - tax?
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  20. #20

    Default Re: Money Talks

    Well the bills just came!

    A grand total of ¥21,600 repayable over 4 months? lol

    Bit of an anticlimax!
    Quote Originally Posted by mothy View Post
    It could happen. 1/100.

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