News

Additional amending budget: New and extended support to companies and more money for testing and vaccinations

3 February 2021 klockan 16.15

Uppdated 3 February 2021 klockan 16.42

The Government has proposed further measures in response to the continued spread of the coronavirus. The Riksdag voted in favour of the proposal which includes new and extended support to companies and more money for testing and vaccinations.

The proposal includes the following measures:

  • Approximately SEK 10 billion will be earmarked for vaccination, testing and contact tracing.
  • Companies that have applied for deferred payment of taxes will be able to extend the period of deferral by up to one year.
  • The exemption from the "five-year rule" will continue to apply. This means that companies can be made dormant more than once, which will make it easier for business-owners to apply for unemployment insurance funds.
  • The turnover-based support for sole traders and redeployment support for business-owners will also apply to the period August–December 2020.
  • Partnerships, including limited partnerships, may also receive financial support.

The amendments will mean that central government expenditure will increase by SEK 30.8 billion in 2021. Central government revenue will decrease by SEK 15.2 billion, primarily on account of the proposal that companies may be granted an extended deferral of payment of taxes.

The Riksdag also calls on the Government, by way of an announcement, to get back to the Riksdag with a proposal concerning lower interest in connection with deferred payment of taxes.