On 20 September 2016, the Budget for 2017 was presented to the Swedish parliament. The tax related changes are relatively minor and include:
- Increasing the individual income tax lower bracket threshold to SEK 438,900 and the upper threshold to SEK 638,500;
- Abolishing deductions for interest on certain subordinated loans;
- Amending the calculation for interest on advance tax payment accounts so it may be reduced to 0% - with the current calculation the lowest rate is 0.5625%, which some taxpay…