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Sweden Announces Additional Amending Budget Due to the Coronavirus

16 March 2020

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Proposed Changes

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Sweden

The Swedish Ministry of Finance has issued a release on an additional amending budget due to the coronavirus. For businesses, this includes the following on deferment of employers’ social security contributions and employees’ preliminary tax. --- Measures adopted to support companies affected financially The proposal on short-time work, which is intended to avoid layoffs and give companies the opportunity to quickly get started again once the situation has changed, will be brought forward and it is proposed that it enter into force on 1 May 2020. It is also proposed that companies be given the opportunity to defer payment of...