Denmark
Iceland
Norway
Finland
Sweden
Menu

Examples, Tax calculation income Year 2020 and 2019

Examples on tax calculation - 2020

These examples show the amount of taxes payable on salary or on pension income in Sweden.

Below you can see what the tax is on certain levels of salary or pension income for a person living in Sweden. The calculation applies to a person who:

For the calculation the average municipality tax 32,28 percent plus 0,253 percent for compulsory funeral fee have been used.

Table below shows tax on salary income for a person who is less than 65 years old at the beginning of the tax year and receives only salary income.

Salary per annum (SEK) Standard deduction Earned income tax credit Final tax
120.000 34.700 11.151 17.451
240.000 27.200 20.806 49.820
480.000 13.900 30.981 122.052
600.000 13.900 30.981 176.451

 

Table below shows tax on salary income for a person who is 65 years old at the beginning of the tax year and receives only salary income.

Salary per annum (SEK) Standard deduction Earned income tax credit Final tax
120.000 69.900 7.772 9.027
240.000 89.900 27.000 23.228
480.000 94.200 30.000 96.909
600.000 65.100 30.000 150.535

Table below shows tax on pension income for a person who is 65 years old at the beginning of the tax year and receives only pension income.

Pension income
Standard deduction Earned income tax credit Final tax
120.000 69.900 - 16.799
240.000 89.900 - 50.228
480.000 94.200 - 126.909
600.000 65.100 - 180.535

 

Table below shows tax for a person who is 65 years old at the beginning of the tax year and receives both salary and pension income.

Pension income + salary income
Standard deduction Earned income tax credit Final Tax
60.000 + 60.000 69.900 11.972 4.827
120.000 + 120.000 89.900 21.000 29.228
240.000 + 240.000 94.200 27.000 99.909
300.000 + 300.000 65.100 30.000 150.535

 

 

Examples on tax calculation - 2019

These examples show the amount of taxes payable on salary or on pension income in Sweden.

Below you can see what the tax is on certain levels of salary or pension income for a person living in Sweden. The calculation applies to a person who:

For the calculation the average municipality tax 32,19 percent plus 0,253 percent for compulsory funeral fee have been used.

Table below shows tax on salary income for a person who is less than 65 years old at the beginning of the tax year and receives only salary income.

Salary per annum (SEK)

Standard deduction

Earned income tax credit

Final tax

120.000

34.500

11.030

  17.563

240.000

26.300

20.706

  49.971

480.000

13.700

30.361

122.266

600.000

13.700

30.361

180.318

Table below shows tax on salary income for a person who is 65 years old at the beginning of the tax year and receives only salary income.

Salary per annum (SEK)

Standard deduction

Earned income tax credit

Final tax

120.000

69.300

7.920

    9.035

240.000

81.900

27.000

  25.638

480.000

65.200

30.000

105.920

600.000

50.200

30.000

161.537

Table below shows tax on pension income for a person who is 65 years old at the beginning of the tax year and receives only pension income.

Pension income

Standard deduction

Earned income tax credit

Final tax

120.000

69.300

-

  16.955

240.000

81.900

-

  52.638

480.000

65.200

-

135.920

600.000

50.200

-

191.537

Table below shows tax for a person who is 65 years old at the beginning of the tax year and receives both salary and pension income.

Pension income + salary income

Standard deduction

Earned income tax credit

Final Tax

  60.000 +   60.000

69.300

12.000

   4.955

120.000 + 120.000

81.900

21.000

  31.638

240.000 + 240.000

65.200

27.000

108.920

300.000 + 300.000

50.200

30.000

161.537

You may have other taxable deductions that may affect the calculation of the taxes. You can calculate your own tax for income year 2018, by using this link to the Swedish Tax Agency´s website. Estimated tax.

 

 

Menu
 
Logo