Proposed Covid 19 Crisis help-package for Swedish companies by the Swedish Government and Tax Agency:
This is what Swedish government discusses now, as of 18th of March 2020, we will let you know if / when it is confirmed and whether there are any changes to the initial proposal:
1. Help in case of shortened work-hours for employees:
Employers fees (social taxes) can be lowered to half through state covering the rest and the goal is that the employee will get over 90% of the regular salary.
Proposal change is to start from 7th of April and be effective the whole 2020 and can be backdated from 16th of March.
State is willing to temporarily take the sick-leave costs from Employers, during the months of April and May. The same would be effective for Sole Traders from day 1 till the 14th of sick day.
2. Liquidity help through tax account. Proposal is about the deferral of the
employer wages (social taxes, preliminary income tax of the salaries and VAT payments (that are declared monthly and quarterly). This includes 3 months of tax payments with deferral period of 12 months as longest.
It is proposed to be effective from the 7th of April but can be backdated retroactively from the 1st of January 2020.
(Explanation: the companies that have paid their taxes in January until March 2020 can have the amounts paid back by the Skatteverket. Deferral is going to be accepted only to companies who have had good tax-paying record).
This will be decided upon on the 19th of March 2020 and will be more detailed.
We will keep you updated.