Regarding the preferential tax system "NISA" for individual investors, the Financial Services Agency has established a policy to make the system permanent by removing the deadline for investment in the tax reform request for the next fiscal year.
The government aims to encourage individual financial assets from savings to investment by expanding the system.
"NISA" is a tax exemption system for profits and dividends obtained from stocks invested in for individual investors. Currently, the investment period for "general NISA" is until 2028, and it is for long-term asset management. Tsumitate NISA will run until 2042.
The Financial Services Agency (FSA), in its request for tax reform next fiscal year, has decided to abolish this deadline and seek to make the system permanent.
The policy also calls for an indefinite holding period tax-free.
Furthermore, in the case of "general NISA", we will seek to raise the upper limit of the amount that can be invested from 1.2 million yen per year and expand the limit that can be held tax-free.
As "Junior NISA" will be abolished at the end of next year, we request that the target age of "Tsumitate NISA" be expanded to those under 20 years old.
The government plans to formulate a plan by the end of the year to double the income of individuals to encourage individuals to invest in their financial assets from savings, and the expansion of NISA is expected to be one of the pillars of this plan.