Sweden VAT measures for coronavirus
- Mar 30, 2020 | Richard Asquith
Update 30 March - timings of proposals below are now confirmed as coming into force on 30 March 2020.
Sweden has become the latest country to introduce Value Added Tax easement measurers to help businesses cope with the economic downturn of the Covid-19 crisis. Follow Avalara’s live global coronavirus Covid-19 VAT measures tracker.
As part of a kr 300 billion (Swedish Crown) support package, companies may delay VAT payments and other tax settlements for up to 12 months. The measure will be backdated to January 2020, can last until September 2020 for quarterly VAT reporters. For anual VAT payers, the measure is introduced between 27 December 2019 and 17 January 2021.
There will also be a range of loan packages, salary support and direct measures for the airline industry.