Calculation of tax burden for fiscal 2024 (example)

We will calculate the amount of tax from the structure of property tax and city planning tax in 2024.
(Example)
Land: 150m2 (small residential land)
House: Total floor area 104 m2 (wooden 2-story house)

• Property tax

（1） Land prices for fiscal 2024: 18,900,600 yen
（2） 2024 main rule tax standard amount of land = (1) x 1/6 = 3,150,100 yen
（3） Land tax standard amount for fiscal 2023: 3,119,250 yen
（4） House prices for fiscal 2024: 3,113,448 yen

• City planning tax

（9） Land prices for fiscal 2024: 18,900,600 yen
（10） 2024 main rule tax standard amount of land = (9) x 1/3 = 6,300,200 yen
（11） Land tax standard amount for fiscal 2023: 6,390,750 yen
（12） House prices for fiscal 2024: 3,113,448 yen

（5） Ratio of the previous year's standard tax amount to the standard tax amount (burden level): （3）÷（2）＝0.990＝99.0%

（6） Applied adjustment measures：
Previous year's standard tax amount + (main rule tax standard amount x 5%) ... (7)
(7)＞Since it becomes (2) and (7) exceeds the main rule tax standard amount, the main rule tax standard amount will be the tax standard amount for 2024.

（8） Standard amount of tax for fiscal 2024: ＝(2) Standard taxation amount = 3,150,100 yen

（8） The standard tax amount of the land obtained in (4) the standard tax amount of the house (the price is the standard tax amount) This is the standard amount of property tax.
（8） Land: 3,150,100+(4) House: 3,113,448＝6,263,548

(rounded down to less than 1,000 yen)
6,263,000 yen

6,263,000 x 1.4% (tax rate) = 87,682
(rounded down to less than 100 yen)
87,600 yen

（13） Ratio of the previous year's standard tax amount to the standard tax amount (burden level): （11）÷（10）＝1.104＝101.4％

（14） Applied adjustment measures： Since the burden level exceeds 100%, reduction to the standard tax amount of this rule ... (15)

（15） Therefore, the standard tax amount will be the standard tax amount for 2024.

（16） Standard tax amount for fiscal 2024 = (10) Standard tax amount for main rule = 6,300,200 yen

（16） The standard tax amount of the land obtained in (12) the standard tax amount of the house (the price is the standard tax amount) The added amount is the standard amount of tax for city planning tax.

（16） Land: 6,300,200+(12) House: 3,113,448＝9,413,648

(rounded down to less than 1,000 yen)
9,413,000 yen

9,413,000 x 0.3% (tax rate) = 28,239
(rounded down to less than 100 yen)
28,200 yen

• Property tax

87,600 yen

• City planning tax

28,200 yen

• Total

115,800 yen

(Note) Tax burden varies depending on individual land and house.

In addition, reduction measures may be applied to newly built houses. Specifically, please see page of reduction system of property tax for new house.

If you have any questions, please contact each ward office.