On 20 September 2021, the Ministry of Finance has proposed the Budget Bill for 2022. The budget includes the following tax measures:

  • The introduction of a modernized withholding tax on dividends paid to non-residents, including a standard rate of 30% and fraud and abuse prevention regulations as effective from 1 January 2024;
  • Restriction of the possibility of using losses from previous years after a change of ownership, if it can be assumed that the change of ownership was predominantly tax-motivated, comes into force on 1 May 2022, but applies retrospectively to changes of ownership from 11 June 2021;
  • The introduction of a tax exemption for net rental income up to SEK 20,000 for individuals renting personal assets from 1 January 2022;
  • The repeal of the advertising tax from 1 January 2022;
  • Increasing the excise duties on alcohol and tobacco from 1 January 2024;
  • The implementation of the EU Directive providing temporary VAT exemption on supplies to EU bodies for COVID-19 that will apply retroactively from 1 January 2021;
  • An increase in the VAT exemption threshold from SEK 30,000 to SEK 80,000 per year from 1 July 2022;
  • A further reduction in the VAT rate from 12% to 6% on repairs to bicycles, shoes, clothing, etc. from 1 July 2022; and
  • The introduction of payment plan options for taxes that were temporarily deferred from 30 March 2020 and will be coming due in March-April 2022.