Swedish Parliament Approves 2022 Budget

The Swedish Parliament reportedly approved the 2022 Budget on 16 December 2021. As previously reported, some of the main tax measures of the bill include:

• A tax reduction for contributions to unemployment funds equal to 25% of the fee paid during the year with effect from 1 July 2022;
• Tax relief for bicycles provided by employers to their employees (bicycle benefit) such that the value of the benefit up to SEK 3,000 per year will be excluded from taxation with effect from 1 January 2022;
• The…