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A little help on calculating taxes in sweden

State income tax confusing

theiceage
post 13.Nov.2018, 04:00 PM
Post #1
Joined: 8.Nov.2018

Hey people,

I found this tool online: https://www.ekonomifakta.se/Fakta/Skatter/R...a-ut-din-skatt/

There is one thing that I don't understand - let's take for example a salary of 100.000 SEK a month in Stockholm. This gives this result:

The employer pays for you: 131 420 kr
Employer - 31 420 kr
Your gross pay = 100,000 kr

municipal - 29,724 kr
state income tax - 14,373 kr
Pension fee, net - 0 kr
Earned income tax credit+ 655 kr

I understand the municipal tax. I also understand the state income tax which is 25% for that kind of salary. But on which base is it calculated? I can not add the numbers in a way that the result of 25% of it will be 14.373.

Any ideas? Thanks so much!
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Temp
post 13.Nov.2018, 07:38 PM
Post #2
Location: Stockholm
Joined: 14.Jun.2006

You pay 20% state tax on income between 455KSEK and 662KSEK, and 25% on income over 662KSEK.

https://www.skatteverket.se/privat/sjalvser...43e8000166.html
"För inkomståret 2018 finns det två skiktgränser*. Den nedre skiktgränsen är 455 300 kronor. På inkomster över denna gräns tas statlig inkomstskatt ut med 20 procent. Den övre skiktgränsen är 662 300 kronor. På inkomster över denna gräns tas statlig inkomstskatt ut med ytterligare 5 procentenheter (den så kallade värnskatten), det vill säga sammanlagt 25 procent."
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theiceage
post 13.Nov.2018, 08:00 PM
Post #3
Joined: 8.Nov.2018

Hej, thanks for taking the time. Unfortunately the quote that you posted is just repeating the facts that I already know.

I would love to be able to bring sense to the numbers from that calculator. Because with an income of 100.000 SEK with a state tax of 25% results in a state income tax of 25.000 SEK and not 14.373 SEK (like in the calculator).
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theiceage
post 13.Nov.2018, 09:15 PM
Post #4
Joined: 8.Nov.2018

Finally figured it out!

The extra 20% is paid on the difference over the high income limit.

In this case:

Above 468.720 SEK per year you pay 20% extra. With a salary of 50.000 SEK per month you have a annual income of 600.000 SEK. 600.000 minus 468.720 = 131280 divided by 12 (months) = 10940 multiplied by 0.2 (20%) = 2188 (the result in the calculator!)

Finally! rolleyes.gif
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