Swedish Government has decided to lower the social tax from 31,42% to 10,21% during four months of March, April, May and June 2020.
This tax relief can be applied to up to 30 employees per company and up to 25 000 SEK of gross salary per payee and per month. That means for the rest of the salary amount that is raising above 25 000 SEK, a full social tax rate will apply (31,42%). (Meaning the tax relief can be up to 5 300 SEK per payee and per month.)
Please contact us how to fill in the employer declaration, if needed. For already declared March - salaries, there is possibility to redo the declaration.
It is important to note that this specific social tax relief cannot be combined with other regional support.
Growing-suppport (please scroll back for this news earlier in 2019) can still be set for the first employee of the company.
Abovementioned social tax relief is also effective for Sole Traders and part-owners for Handelsbolag. The tax relief is effective for up to 100 000 SEK of the profit and for the whole 2020.