Member Updates
We are are always curious about the challenges and possibilities our member companies are facing within their industries. This week we are happy to share updates from our new Patron member Groth & Co, ImagineCare, and BDO Sweden.
In an interview with Swedish Marketing Federation, Karin Engström, Head of Marketing & Communications at Groth & Co, discussed her role, what Groth & Co does, and her outlook on the upcoming challenges and possibilities in 2024.
ImagineCare were nominated as one of the finalists in HealthTechX Awards 2024, who recognise companies who are using technology to advance healthcare and support patients, providers, payers, and pharma in delivering more efficient care for better outcomes. ImagineCare was among 10 nominated companies for HealthTechX’s Innovator Award.
We are happy to share a reminder from BDO Sweden regarding tax relief for foreign employees. If you have any questions, please contact Erik Hedlund, Senior Tax Manager at BDO Sweden.
Have you been granted a five-year tax relief in Sweden?
Reminder to review if you are eligible for an extension to seven years. Swedish tax relief for employment income is available to qualified foreign employees. The tax relief renders 25% of total gross income tax-free. The relief also impacts employer contributions in the same way. Some compensation items can be provided free of tax and employer contributions entirely. Eligible individuals must apply for the tax relief no later than three months from their start of work in Sweden, otherwise the opportunity is lost.
From 1 January 2024, the Swedish tax relief for qualified foreign employees was extended from five to seven years. If you arrived in Sweden after 31 March 2023 and have been granted a five-year tax relief, you are eligible for an extension.
If eligible, the application for an extension must be filed no later than 31 March 2024. Late applications will not be considered and there are no exceptions, regardless of the reason for the late filing.
