As of 25 March - more info to come as it's made available. This proposition was put forward on 25 March by the Government, and the Parliament is expected to expedite this fast, but no information available yet as to when the vote will take place.

Accrual funds

• The proposal includes a change in rules on accrual funds (Sw. periodiseringsfonder)
• The accrual funds are temporarily changed so that self-employed people who have been hit hard as a result of the outbreak of virus receive reduced tax
• This means that 100% of the taxable profit for 2019 may be deducted from the accrual fund, up to a ceiling of SEK 1 million, which can then be offset against possible future losses
• As a result, many can get back provisional tax that they paid in 2019
• The proposal concerns individual traders (self-employed where owner is sole employee) and natural persons (Sw. fysiska personer) that own Swedish companies
• The proposal is expected to result in a maximum liquidity boost of just over SEK 13 billion

Amendment to the previously proposed tax deferral rules

• The previously presented proposal on tax payment deferrals will be expanded
• it will now include VAT that is reported annually from December 27, 2019 to January 17, 2021
• This way, many self-employed people can, among other things, get deferred with VAT that would otherwise be paid during the spring, eg. on May 12 2020
• Depending on how the situation develops, the proposal may include more than SEK 7 billion if the entire liquidity enhancement is utilized

Other

• Companies that are put to rest (Sw. läggs vilande) due to unemployment are exempted in 2020 from the rule that companies may only be put to rest once every five year