The Swedish Government has announced the presentation of the Budget Bill for 2020 to the Riksdag (parliament) on 18 September 2019. According to a release from the Ministry of Finance, the proposed tax changes in the Budget Bill aim to contribute to higher employment, an increased number of hours worked, and to attaining climate and environmental goals and include the following:
- The upper bracket for central government income tax (‘austerity tax’) is abolished
- Tax for people over 65 will be…