New NISA
●What is NISA?
NISA is a system where transfer gains and dividends, etc. from listed stocks, mutual funds, etc. purchased with an NISA account are exempt from tax.
Originally, individual investors would have to pay 20.315% tax on profits obtained from investments. However, if you invest within a fixed amount of money using an “NISA account,” no tax will be applied to that profit.
Originally, individual investors would have to pay 20.315% tax on profits obtained from investments. However, if you invest within a fixed amount of money using an “NISA account,” no tax will be applied to that profit.
● From the current NISA to the new NISA
The new NISA will begin in 2024/1. In response to the transition to the new NISA, the current NISA (general NISA and Tsumitate NISA) will be unified, and in the new NISA, it will be possible to combine “Tsumitate investment quotas” and “growth investment quotas.”
Also, the Junior NISA system will end in 2023.
You can use the new NISA in your name from age 18, and you cannot create an account in your child's name.
Also, the Junior NISA system will end in 2023.
You can use the new NISA in your name from age 18, and you cannot create an account in your child's name.
● [New NISA] Key points of change
[Point 1] Name change and annual investment limit increase The name will be changed from “Tsumitate NISA” to “Tsumitate Investment Quota” to “Tsumitate Investment Quota” from “General NISA” to “Growth Investment Quota.”
Also, the maximum investment amount for the current NISA is 400,000 yen per year for Tsumitate NISA and 1.2 million yen per year for general NISA, but in the new NISA, the Tsumitate investment quota is 1.2 million yen per year, and the growth investment quota is 2.4 million yen per year (maximum 3.6 million yen in total), and the maximum annual investment limit will be raised.
Also, the maximum investment amount for the current NISA is 400,000 yen per year for Tsumitate NISA and 1.2 million yen per year for general NISA, but in the new NISA, the Tsumitate investment quota is 1.2 million yen per year, and the growth investment quota is 2.4 million yen per year (maximum 3.6 million yen in total), and the maximum annual investment limit will be raised.
[Point 3] Indefinite tax exemption period
In the current NISA, “general NISA” is 5 years, and “Tsumitate NISA” has a tax exemption period of 20 years, but in the new NISAIt is indefinite and can be operated tax-free regardless of the holding periodIt will be.
In the current NISA, “general NISA” is 5 years, and “Tsumitate NISA” has a tax exemption period of 20 years, but in the new NISAIt is indefinite and can be operated tax-free regardless of the holding periodIt will be.
[Point 4] A lifetime tax exemption limit of up to 18 million yen was newly established
In the new NISA,A lifetime tax exemption limit of up to 18 million yen was newly establishedIt will be done. (A maximum of 12 million yen of which can be used in growth investment quotas)
As for the current NISA tax-exempt investment quota, the tax-exempt investment quota will not be restored even if “general NISA” sells shares held at a maximum of 6 million yen (maximum 1.2 million yen per year x 5 years) and “Tsumitate NISA” at a maximum of 8 million yen (maximum 400,000 yen per year x 20 years).
(... For example, if you invest 1 million yen in stocks with “general NISA,” the remaining tax exempt investment quota for that year will be 200,000 yen. (And even if you sell the shares you own, the tax exempt investment quota for that year will not be 1.2 million yen, and the remainder will remain 200,000 yen.)
In the new NISA,A lifetime tax exemption limit of up to 18 million yen was newly establishedIt will be done. (A maximum of 12 million yen of which can be used in growth investment quotas)
As for the current NISA tax-exempt investment quota, the tax-exempt investment quota will not be restored even if “general NISA” sells shares held at a maximum of 6 million yen (maximum 1.2 million yen per year x 5 years) and “Tsumitate NISA” at a maximum of 8 million yen (maximum 400,000 yen per year x 20 years).
(... For example, if you invest 1 million yen in stocks with “general NISA,” the remaining tax exempt investment quota for that year will be 200,000 yen. (And even if you sell the shares you own, the tax exempt investment quota for that year will not be 1.2 million yen, and the remainder will remain 200,000 yen.)
[Point 5] Permanent system
Under the current NISA, new investments in both “general NISA” and “Tsumitate NISA” can be made until 2023. Therefore, depending on when you start NISA, you may not be able to use up all of your tax-exempt investment quotas.
Since the new NISA system will become permanent,So that no matter when you start, you can invest up to the tax-exempt insurance limitIt will be.
Overview of the new NISA
Under the current NISA, new investments in both “general NISA” and “Tsumitate NISA” can be made until 2023. Therefore, depending on when you start NISA, you may not be able to use up all of your tax-exempt investment quotas.
Since the new NISA system will become permanent,So that no matter when you start, you can invest up to the tax-exempt insurance limitIt will be.
Overview of the new NISA
* [Image] From the Financial Services Agency website
● Solve frequently asked questions about the new NISA! Is the procedure to start using the new NISA necessary?
People who have already opened a Tsumitate NISA or General NISA account can set up and use a “new NISA” account with the same financial institution as it is from 2024.
●What will happen to the products currently operated by NISA?
You can buy products with the current NISA until the end of 2023, but even after 2024/1, when the new NISA starts, you can continue holding it with your current NISA account until the tax exemption period ends.
For example, since the tax exemption period for shares purchased with general NISA in 2023 is until 2027, 5 years later, sales gains obtained during that time are tax-exempt.
Also, if you buy a mutual fund with Tsumitate NISA in 2023, you can hold it without tax being applied to profits until 2042.
For example, since the tax exemption period for shares purchased with general NISA in 2023 is until 2027, 5 years later, sales gains obtained during that time are tax-exempt.
Also, if you buy a mutual fund with Tsumitate NISA in 2023, you can hold it without tax being applied to profits until 2042.
● Are the current NISA and the new NISA separate?
The tax exemption frame for the current NISA and the new NISA is separate, so even if the current NISA uses the tax exemption frame, there is no effect on the tax exemption frame of the new NISA.
(Even if you use Tsumitate NISA's annual tax-exempt investment quota of 400,000 yen in 2023, the new NISA's tax-exempt investment quota can be used up to 18 million yen.)
Currently, people who do not use the current NISA system can use more tax-exempt investment quotas if they start now.
(Even if you use Tsumitate NISA's annual tax-exempt investment quota of 400,000 yen in 2023, the new NISA's tax-exempt investment quota can be used up to 18 million yen.)
Currently, people who do not use the current NISA system can use more tax-exempt investment quotas if they start now.
● What will happen with rollovers?
In the current general NISA, when the tax exemption period (5 years) ends, it is possible to roll over (transfer) to the next year's tax-exempt investment quota and operate it again for 5 years without tax.
Meanwhile, in the new NISA, the tax exemption period is indefinite, so there is no concept of rollover.
Therefore, financial products managed by the current NISA cannot be rolled over to the new NISA. If you want to manage the financial products you are currently managing with the new NISA, you will need to sell them once and buy a new one with the new NISA.
Meanwhile, in the new NISA, the tax exemption period is indefinite, so there is no concept of rollover.
Therefore, financial products managed by the current NISA cannot be rolled over to the new NISA. If you want to manage the financial products you are currently managing with the new NISA, you will need to sell them once and buy a new one with the new NISA.
● Can the new NISA be started with another financial institution?
It is possible to change the new NISA to a financial institution different from the current NISA. However, it is necessary to ensure that a new NISA account is not opened at the financial institution currently being used. (Please check with your financial institution for details) Then, complete the procedure for opening a new NISA account with your desired financial institution.
Also, the new NISA can change financial institutions every year, similar to the current NISA.
Also, the new NISA can change financial institutions every year, similar to the current NISA.
● Summary The “New NISA” system will be greatly expanded, and management amounts and management styles will expand greatly.
It can be said that it is a good opportunity and opportunity for those who want to start investing in the future. Also, since the current NISA and the new NISA have separate frameworks, products operated by the current NISA can be operated from 2024 onwards until the end of the tax exemption period.
(The tax exemption period for products purchased with NISA in 2023 is until 2027 for general NISA and 2042 for Tsumitate NISA.)
If you start your current NISA now, the amount of money you can manage without tax will increase, so if you haven't used an NISA account yet, we recommend opening an NISA account.
It can be said that it is a good opportunity and opportunity for those who want to start investing in the future. Also, since the current NISA and the new NISA have separate frameworks, products operated by the current NISA can be operated from 2024 onwards until the end of the tax exemption period.
(The tax exemption period for products purchased with NISA in 2023 is until 2027 for general NISA and 2042 for Tsumitate NISA.)
If you start your current NISA now, the amount of money you can manage without tax will increase, so if you haven't used an NISA account yet, we recommend opening an NISA account.
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