11 June 2022 18:05

Could I have delayed my tax payments to Sweden in order to earn interest on the money in the meantime?

How do I pay taxes Sweden?

You can make payment to your tax account by paying through your bank over the Internet or by using a prefilled paying-in form. To ensure that the payment goes straight into your tax account your reference number (OCR) is required; this is prefilled on the paying-in form.

Is foreign income taxed in Sweden?

If you live in Sweden, all of your income is subject to taxation. The General rule is that you must disclose your foreign income for taxation in your Swedish tax return. You may be liable for taxation in Sweden even if you have moved from Sweden.

What is tax account in Sweden?

Everyone who has to pay any form of tax to the Swedish Tax Agency is assigned a personal tax account. The tax account summarizes your tax payments, your preliminary tax as shown by income statements and your final tax as shown by your final tax statement.

How long can you work in Sweden without paying taxes?

You do not need to pay tax in Sweden if all the following circumstances apply in your case: You are staying in Sweden for a maximum of 183 days over a twelve-month period.

How much can you earn before paying tax in Sweden?

Income tax

Taxable income is reduced by general deductions which means that the marginal tax in practice varies between 7% on incomes just above 20,008 kronor to 60.1% on incomes above 675,700 kronor.

Can I open a bank account in Sweden with a coordination number?

If you really need to open a Swedish bank account, you need a coordination number (samordningsnummer). A coordination number is obtained by your responsible departmental administrator requesting it from the tax office.

What is Sink tax in Sweden?

25 percent

SINK tax is a state tax on gross income, which means that you can also have other income, such as interest income that must still be taxed in Denmark. SINK tax is 25 percent, but there are no deduction options. If you want to be SINK taxed, you must submit an application to Skatteverket, the Swedish Tax Authority.