Japan considers moving up part of income-linked benefits payment schedule in 2029

The Japanese government is evaluating a proposal to accelerate the distribution of specific income-linked benefits scheduled for 2029. This policy adjustment is being considered to alleviate the economic impact on households resulting from the scheduled restoration of the consumption tax rate on food to 8 percent that same year. By moving up the payment timeline, officials aim to provide financial relief to families facing the transition in tax policy.