The government wants to raise the tax shock of ISK – Private Businesses

Finance Magdalena Andersson (S) and Minister for Financial Per Bo (MP) has unveiled a series of tax proposals will be included in the spring budget.

Among other things, seeks to sharply increase taxes on investment savings accounts and endowment insurance.

Put simply taxed today investment savings accounts and endowment by capital base mulipliceras with government borrowing in November last year. The lump sum is taxed ago by 30 percent.

Anyone who has a capital base of SEK 100 000 this year will thus pay 270 € in taxes.

Now the government wants to change the rules so that the capital base must mulipliceras with the previous year government borrowing rate plus 0.75 percentage points. In addition, added a floor of 1.25 percent.

With these rules, the party has a capital base of SEK 100 000 this year to pay the full 495 € in taxes. Thus almost doubling the current rules.

However, the proposal must first be released for consultation and the new rules are not expected to be introduced until next year if you get through it in the autumn budget.

In addition, government borrowing declined in recent months and in mid-March was down to 0.59 percent. With the new rules, the taxation of 402 SEK for those who have a capital base of SEK 100 000 for the low government borrowing continues.

A total expected the state to receive about 2 billion on the reform.

Reduced routine-and tax deductions

Height savings tax was only one of the proposals presented today. The government also wants to routine-and root deductions will be less. The ceiling of the RUT deduction is reduced to 25 000 for persons under the age of 65.

“A lower ceiling on the RUT deduction is distribution policy motivated because the thus directed to more average household’s needs,” the government said in a statement.

The deduction will no longer include cooking and more advanced cleaning work cleaning the indoor pool but focus on “cleaning of the more mundane character.”

At the same time lowering the tax deduction for from 50 to 30 percent. The government refers to the deduction become very costly. National Tax paid about 17 billion last year. Proposals projected to increase tax revenues by 5.77 billion next year.

Higher taxes on gasoline

Motorists looks to be paying more in taxes. The government justifies the proposal to “stimulate a transition to reduced greenhouse gas emissions from road traffic.” The energy tax on gasoline is increased by 0.44 per liter. The energy tax on diesel fuel is increased even more, by 0.48 per liter.