UKTaxCalculators World

comparing tax in united kingdom with japan

Advertisement
United KingdomJapanDifference in Japan
Gross Income 30,000.00 GBP / 30,000.00 GBP 5,890,783.44 JPY / 29,999.99 GBP - 0.00 GBP
Tax Due 6,064.16 GBP / 6,064.16 GBP 1,596,490.73 JPY / 8,130.45 GBP + 2,066.29 GBP
Net Income 23,935.84 GBP / 23,935.84 GBP 4,294,292.71 JPY / 21,869.54 GBP - 2,066.29 GBP
Overall Tax Rate 20.2 % 27.1 % + 6.90 %.

Figures based upon 1 GBP = 1 GBP.

Figures based upon 1 JPY = 0.0050927 GBP.

In United Kingdom, an income of 30,000.00 GBP / 30,000.00 GBP is more than the lowest average advertised salary of 12,757.00 GBP / 12,757.00 GBP and less than the country's average income of 33,000.00 GBP / 33,000.00 GBP.

In Japan, an income of 5,890,783.44 JPY / 29,999.99 GBP is more than the lowest average advertised salary of 1,530,000.00 JPY / 7,791.83 GBP and more than the country's average income of 5,400,000.00 JPY / 27,500.58 GBP.

Here are how much some common purchases cost in United Kingdom vs Japan:

United KingdomJapanDifference in Japan
Water Bottle (1.5L) 0.95 GBP / 0.95 GBP 130.33 JPY / 0.66 GBP - 0.29 GBP
Milk Bottle (1L) 0.90 GBP / 0.90 GBP 183.91 JPY / 0.94 GBP + 0.04 GBP
Pint of Beer 3.50 GBP / 3.50 GBP 400.00 JPY / 2.04 GBP - 1.46 GBP
Bread (500g) 0.98 GBP / 0.98 GBP 195.41 JPY / 1.00 GBP + 0.02 GBP
Chicken Breasts (1kg) 5.67 GBP / 5.67 GBP 776.04 JPY / 3.95 GBP - 1.72 GBP
Petrol UK Gallon 5.68 GBP / 5.68 GBP 645.71 JPY / 3.29 GBP - 2.39 GBP
Volkswagen Golf or Equivalent 18,000.00 GBP / 18,000.00 GBP 2,534,500.00 JPY / 12,907.45 GBP - 5,092.55 GBP
Broadband Internet Monthly 30.21 GBP / 30.21 GBP 4,665.89 JPY / 23.76 GBP - 6.45 GBP
Rent One Bedroom Apt. In City (Monthly) 722.24 GBP / 722.24 GBP 86,722.76 JPY / 441.65 GBP - 280.59 GBP
Purchase One Bedroom Apt. In City 139,346.55 GBP / 139,346.55 GBP 30,368,158.80 JPY / 154,655.92 GBP + 15,309.41 GBP

Part of Europe, United Kingdom covers an area of 241,917 square kilometers.

United Kingdom has a Gross Domestic Product (PPP) of 2,787.74 ($ Billion) from a population of 65,511,098.

A progressive tax system with 3 bands with tax rates from 20% to 45%.

Personal tax-free allowance provided of 12,500 GBP.

Personal allowance is reduced by 1 GBP for every 2 GBP over 100,000 GBP.

Tax bands are as follow:

Below 37500 GBP - 20%

Between 37500 GBP and 150000 GBP - 40%.

Above 150000 GBP - 45%.

Mandatory social security contributions (National Insurance) Class A bands are as follow:

Below 8632 GBP - 0%

Between 8632 GBP and 50024 GBP - 12%.

Above 50024 GBP - 2%.

Source: https://www.gov.uk/government/organisations/hm-revenue-customs.

Source: XE.com (Currency Conversion).

Source: SalaryExplorer.com (Averages from average salaries in major job categories).

Source: Numbeo.com (Cost of living).

Advertisement

Part of Asia, Japan covers an area of 364,503 square kilometers.

Japan has a Gross Domestic Product (PPP) of 4,931.88 ($ Billion) from a population of 126,045,211.

A progressive tax system spread over 7 bands - ranging from 5% to 45%.

Tax bands are as follow:

Below 1950000 JPY - 5%

Between 1950000 JPY and 3300000 JPY - 10%.

Between 3300000 JPY and 6950000 JPY - 20%.

Between 6950000 JPY and 9000000 JPY - 23%.

Between 9000000 JPY and 18000000 JPY - 33%.

Between 18000000 JPY and 40000000 JPY - 40%.

Above 40000000 JPY - 45%.

A surcharge is applicable of 2.1% on the calculated national income tax.

A local inhabitant's income tax is also imposed at a 10% flat rate on taxable income.

Employee's can use an earned income deduction to reduce the amount taxable - this is based on a scale.

Residents receive a national and local personal tax exemption this is on a scale from 480,000 JPY to 0 JPY.

Social insurance premiums in Tokyo charged on gross income are: Health 4.98% (Capped at 16.68M JPY of gross income), Welfare and Pension 9.091% (Capped at 7.44M JPY of gross income), Unemployment 0.85% (not capped).

Source: https://www.nta.go.jp/foreign_language/.

Source: XE.com (Currency Conversion).

Source: SalaryExplorer.com (Averages from average salaries in major job categories).

Source: Numbeo.com (Cost of living).

Help

This calculator allows you to calculate income taxes and social contributions equivalent for United Kingdom and Japan and allow comparison between both. You can choose the preferred currency for the input amounts and displayed calculation. For example: If you choose GBP as your preferred currency, then the income entered will be converted to United Kingdom's and Japan's native currencies for the calculation so that correct income equivalent is used. The results will then be shown in the native currencies and GBP.

How we compare world taxes

We have trawled through the quagmire of tax legislation for 16 of the World's major economies and created a comparable position as close to the UK's PAYE (Pay As You Earn) system for employed people.

We look at each country's taxation for employed people, as well as things like medical care which are part of social contributions for some countries or require mandatory purchase of health insurance.

Combining this information lets us calculate taxes for each of the 16 countries and then do not only a taxation comparison but also a comparison of buying power based upon commonly purchased items.

It is quick and easy to use and you can get a detailed result at the click/tap of a button!

Compare tax using these examples:

We currently support the following countries - by clicking on the links below you can just do an individual tax calculation for those countries - or scroll up and compare tax between two countries directly!

Advertisement

Help - find relevant tax tools and calculators - go back to top

Answer a few questions below and we will list relevant tax calculators and tools that can help you organise, budget and ultimately save you money!
are you an employee?