Last year, it was found that the national tax revenue for the third year of Reiwa reached a record high of about 67 trillion yen.
The main reason for this is that the business performance of companies, which had been depressed due to the impact of the new Corona, has recovered and corporate tax revenue has increased.
According to the summary of financial results for the last year announced by the government, tax revenue was about 67 trillion yen, which was more than 3 trillion yen higher than the estimate when the supplementary budget was prepared in November last year.
Tax revenue was more than 6 trillion yen higher than the previous year, which was the highest so far, and reached a record high for the second consecutive year.
This is mainly due to the recovery in consumption, which had been declining due to the impact of the new corona, and the recovery of corporate performance and the increase in corporate tax revenue, partly due to the impact of the depreciation of the yen.
However, even though the tax revenue exceeded the estimate, the total amount of the general account exceeded 140 trillion yen as a result of making a supplementary budget of 36 trillion yen last year as a measure against the new corona, and it is still about 60 trillion yen. Severe financial management continues to cover the issue of new government bonds.