The Accounts Blog

EV charging stations will be taxed from 2021

Skatteverket has published a standpoint that if an employer pays for the installation of an electric vehicle (EV) charging station at the private home of an employee with an electric company car, this will be a taxable benefit. This concerns...

Support measures during the Corona crisis

(Updated 2021-04-10) About this blog post Account Factory handles bookkeeping, payroll and taxes for Swedish small businesses. However, many of our clients are not Swedish speakers, and communicate with us mainly in English. This blog post is a summary for...

Tax-deductible and not tax-deductible

We accountants often use the expressions “tax-deductible” and “non-deductible”. Sometimes “tax-free” and “taxable” as well. But what do these words really mean? Deductible and non-deductible costs Let’s start at the beginning: every year a company pays income tax on its taxable...

How stuff works: Fåmansbolagsreglerna

What’s this about? Sweden has special rules for small companies with few owners, also known as the “3:12 rules” from an old law paragraph. We’ll use this term here, for lack of a good translation to the common name “Fåmansbolagsreglerna”....

Choosing company type

One of the most frequent questions we get from aspiring business owners is what company entity or company type to choose. Here are some aspects of and differences between the most common company types in Sweden. In most places I’m...