bigredfish
Known around here
Just as a reference, I pay 30.2% tax in total in sweden on my income. No extra fees anywhere on top of that. "Free" health care, schools, university, no tolls etc.
Tax calculations and how that effects overall personal expenses vs provided services can get pretty complicated. I’m certainly not an expert but interesting you say that.
My company is owned by a Swedish firm. I know some Swedes in business and am good friends with our Swedish CFO. And let me say they are by and large great folks and a lot of fun.
My understanding is that they pay approx 30% up to 490k kroner which is roughly let’s call it $60k income. After that, they pay an additional 20% on anything over 490k kroner. (Kroner is about .12 US$)
On top of the Social tax then there is VAT:
“The Swedish VAT system is harmonised with the EU rules. The general VAT rate of 25% is chargeable on most goods and services. Reduced rates apply to a few goods and services, such as hotel accommodation, foodstuffs (excluding alcoholic beverages), restaurant meals, and low or non-alcoholic drinks (12%), as well as newspapers, magazines, books, e-books, passenger transport, maps, musical notes, some cultural services, transport in ski lifts, etc. (6%). Certain financial and insurance services are exempted from VAT.”
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