November 14 (Mon): Nikkei 225 (free viewing item: tax return - expenses -)
Good morning☀
Today there are a few things you should keep in mind...
“Tax Return”
I’d like to briefly talk about it.
Everyone, are you filing your tax return properly?
Whether your annual net is negative (for domestic accounts) or positive, you should definitely file your tax return!
At the golf course
“If you file for tens of thousands, it’s okay, it’s okay!
No one has ever said anything to me about it until now~♪～(´ε｀ )」
Was there anyone who said that? Is it okay to do anything if you’ve never been told anything before? I wanted to argue, but since we aren’t acquaintances or anything, I’ll just ignore it…
That’s not good, is it?
If you don’t file, you may be forced to pay heavier taxes due to back taxes and penalties.
Now, in such a tax return, one thing people often forget“expenses”is about!
Even those who file properly“expense applications”are still quite a few who don’t?
It’s a waste, isn’t it?
Of course, you shouldn’t treat golf as a business expense, nor should you expense items used outside the standard market, butitems used in the market should be properly expense-listed to reduce your taxes.
“The Unveiling of the Bollinger Bands”
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Of course, you can expense things!!!
Other things too…（Only for items used in investing）
Books
Fees for tools like TradingView
PCs, monitors, mice,desks and chairs,computer glasses, and other supplies
Trading notes, ballpoint pens, pencils, copy paper, printer ink, and other supplies
Electricity costs
Internet costs
External transaction fees (ECN accounts can be expensed! ← surprisingly easy to forget)
There are many things you can expense, and it’s not limited to these.
Electricity and Internet can be expensed, but be careful!
If you trade at home and expense everything!!!
This is absolutely not allowed ????♂️
If you rent a dedicated trading room, there’s no problem, butif it also serves as a residence, that’s not okay.
You also use electricity and Internet for everyday living, right?
Therefore, when applying…
It’s not realistic to calculate the exact electricity bill used by the computer.
So I’ll share my case as an example.
I have a trading room, so
(floor area of the trading room) / (total floor area of the house) × (electricity bill)
and I calculate and apply as an expense.
※I had my tax accountant confirmed this.
If the monthly electricity bill for the whole house is 30,000 yen and the trading room floor area is 1/10 of the total floor area,
you can expense 1/10 × 30,000 yen/month × 12 months = 36,000 yen worth of expenses per year.
Also, if this year’s profits are not great and you want to avoid paying taxes even a little,buy lots of booksｗ
Buying books to read during year-end and applying them as expenses can sometimes eliminate the need to pay taxes, you know?
（※Below, environmental awareness is limited to members only.）
