The Swedish Government's Budget Bill for 2025

On 27 November 2024, the Swedish parliament approved the Swedish government's fiscal proposals presented in the autumn Budget Bill for 2025 (prop. 2024/25:1).

The following is an overview of the accepted proposals, some of which has been presented more in-depth in Schjødt's newsletter The Swedish Government's Budget Bill for 2025 and in our quarterly Tax Newsletter Q3 2024.

Proposals that enter into force 2025

• Lower tax on investment savings accounts
• Reduced interest deductibility for certain loans
• Adjusted rules for tax losses following a change of ownership
• Reduced tax on employment income and pensions
• Abolished flight tax
• Lower salary requirement for expert tax relief
• Advance payments in relation to tax reductions for installation of green technology
• Adjusted tax thresholds related to the taxation of sole traders using simplified annual accounts
• Reduced tax on so-called agricultural diesel
• Additional support for expanding companies
• Reduced tax on gasoline and diesel
• Abolished decrease at higher income levels within the framework of income tax credit (Sw. jobbskatteavdrag)
• Abolished malus for motorhomes
• Electricity for capturing carbon dioxide is not exempt from energy tax
• Certain changes in the area of F-tax are introduced
• Changes to the agreement between Sweden and Denmark on certain tax issues (Sw. Öresundsavtalet).