Background & Purpose

Sweden has been going through an extended economic downturn, prompting the government to present an expansive budget to support households and stimulate recovery.

The Decision

The Swedish parliament approved the government's expenditure frameworks and income estimates for the 2026 state budget.

Does this affect you?

  • Working individuals: Receive a reinforced job tax deduction that increases disposable income.
  • Small business owners: Benefit from simplified and improved tax rules for closely held companies.
  • Electricity consumers: Pay a lower energy tax on electricity starting in 2026.

In Practice

  • The income tax deduction for working individuals is reinforced.
  • Energy tax on electricity is reduced.
  • Vehicle tax is removed for certain trailers starting February 1, 2026.
  • A modernized taxation of gases takes effect on July 1, 2026.