Consumption tax increase point reduction “Can participate even if late” Call for application early 6 September 18:17
In line with the increase in the consumption tax rate, the cashless payment point redemption system will begin on the 1st of the month. The application deadline is 6 days for small and medium-sized stores to participate from the beginning. The Ministry of Economy, Trade and Industry calls for an early application because late participation is possible.
The pointless system for cashless settlement will be implemented simultaneously with the consumption tax rate increase on the 1st of next month as an economic measure. When cashless settlement is paid at small and medium-sized stores, a maximum of 5% will be returned as points.
Stores wishing to participate need to submit necessary documents such as tax payment certificate to a credit card company or other payment company, but 6 days are required to participate from 1st of next month. It will be due.
According to the Ministry of Economy, Trade and Industry, the number of applications is about 580,000 on the 5th, accounting for about 30% of the 2 million stores nationwide that can be eligible for the system.
There is a restaurant chain that refuses to participate because the cashier is not in time. “We are accepting applications. We want to reduce the maximum 5% and encourage consumption, so we would like you to utilize it.”