Sweden’s Ministry of Finance announced various tax proposals for the 2026 Autumn Budget on 19 May 2025. It includes reduced corporate tax, energy tax on electricity, special income tax for non-residents, amongst others.
Reduced corporate tax
The corporate tax rate has been reduced from 20.6% to 20.0%, effective from 1 January 2026. The Finance Ministry also proposed reducing the expansion fund tax by a corresponding amount.
Reduced electricity tax
The energy tax on electricity will be reduced to 41.1 öre per kilowatt hour, effective from 1 January 2026.
Reduced VAT on admission to dance events
The ministry proposed reducing VAT on dance event admissions from 25% to 6%, effective 1 July 2026. This will apply to tickets to events, nightclubs, and discos.
Tax relief for travel by public transport
A tax relief is proposed for employees receiving a season ticket or related compensation from their employer. It applies to tickets allowing unlimited journeys for at least 30 days. For amounts up to SEK 13,000 per year, only half the benefit value or compensation will be taxed.
Tax-free workplace EV charging and expanded fuel expense deductions
The budget proposed plans to make the temporary tax exemption for charging electric vehicles at workplaces permanent.
Abolished vehicle and sales trailer tax for certain trailers
The budget proposed to remove vehicle and sales trailer taxes for trailers weighing up to 3 tonnes, up from the current 750 kgs. This change will take effect on 1 February 2026.
Forest taxation
The proposals concerning forestry taxation include creating a new compensation fund for conservation land, allowing entrepreneurs to set aside compensation in a conservation account, and abolishing withholding tax on forest account interest. The proposals are set to take effect on 1 April 2026.
Reduced special income tax for foreign residents
The special income tax for people abroad (SINK) will be decreased from 25% to 20%. This is expected to take effect on 1 January 2026 and apply to income earned from that date.
