Tax Glossary
Swedish tax terms explained in English
Tax withheld by employer from salary each month based on tax tables.
31.42% social fee paid by employer on top of gross salary.
Income level where state tax begins. 660,400 SEK/yr for 2026.
28.97% social contributions paid by sole traders on profit.
Simplest business form. No separation between personal and business assets.
For self-employed. You pay your own tax instead of employer withholding.
Automatic tax-free portion of income. Varies 17k-45k SEK/yr.
Tax-efficient account with flat annual fee instead of per-trade tax.
Tax reduction for workers. Up to ~4,366 SEK/month for 2026.
Value-added tax. Standard 25%, food 12% (6% from Apr 2026), books 6%.
Business attachment filed with Inkomstdeklaration 1.
Defer up to 30% of profit for 6 years. Interest-free state loan.
YYYYMMDD-XXXX. Essential for banking, healthcare, tax filing.
Move income from business (~60% tax) to capital (30%). Rate: 8.55%.
643,000 SEK/yr for 2026. Income above pays 20% state tax.
Skatteverket's final calculation: refund or residual tax.