The Accounts Blog

Christmas Gifts and Christmas Parties in 2022

‘Tis that time of year again, and we wonder what companies in Sweden can pay for in terms of Christmas gifts and Christmas parties. See the end of the post for a brief description of the concepts “tax-deductible”, “employee” etc....

Giving to charity from your company

We regularly get questions about giving money to charity from the company. So what’s the deal – is your company allowed to give money to charity? Giving is OK, but not tax-deductible In brief, a company can absolutely give to...

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 2022-03-12) 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...