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The government wrote in a press release that it is referring the matter to the Legislative Council. Among the proposals, it is now proposed to introduce a tax-free basic level for savings in so-called investment accounts, commonly known as ISK accounts.
The limit should be 300,000 Swedish kronor, with the new rules set to come into force on January 1, 2025. This was one of the reform ambitions in the Tidö Agreement, and the government has justified it all as a “promotion to increase savings”.
At the same time, the government pointed out that whether and to what extent the proposal will be included in the 2025 budget bill depends on the economic situation and the scope of reform, among other things.
When the proposal was put out for comments, the Swedish Economic Supervisory Authority (ESV) and the Institute of Economic Research (KI) saw it.
– If you want to attract more people to save, it is difficult to understand why the government set the limit at 300,000, those who already saved a lot will receive a considerable tax reduction, said Sebastian Escobar-Jansson, who prefers to recommend. In response to KI in an earlier interview with TT.
The tax cuts are expected to cost the Treasury 7 billion kronor.
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