We regularly get questions about giving money to charity from the company. So what’s the deal – is your company allowed to give money to charity? Giving is OK, but not tax-deductible In brief, a company can absolutely give to...
(Update 2022-11-21: Updated some phrasings and numbers) ‘Tis that time of year again, and we wonder what companies in Sweden can pay for in terms of Christmas gifts and Christmas parties. See the end of the post for a brief...
We accountants often use the expressions “tax-deductible” and “non-deductible”. Sometimes “tax-free” and “taxable” as well. But what do these words really mean? Deductible and non-deductible costs Let’s start at the beginning: every year a company pays income tax on its taxable...
(Edit 2024-12-16: updated with current numbers) What’s this about? Sweden has special rules for small companies with few owners, also known as the “3:12 rules” from an old law paragraph. We’ll use this term here, for lack of a good...
(Update 2022-11-24 with tax figures for 2023) One of the most frequent questions we get from aspiring business owners is what company entity or company type to choose. Here are some aspects of and differences between the most common company...
