Sweden: Enhanced deduction for wages related to R&D, effective 1 July 2021

An enhanced deduction for wages is available for R&D employees beginning 1 July 2021.

An enhanced deduction for wages is available for R&D employees beginning 1 July 2021.

An enhanced deduction for salary and wages paid to employees involved in research and development (R&D) is available beginning 1 July 2021.

The new rules reduce the “working hours” requirement so that the deduction applies with regard to employees involved in R&D for at least 50% of their working hours (a decrease from the 75% threshold and at least 15 hours per month), and the maximum amount of the deduction is SEK 600,000 (increased from SEK 450,000).

The new rules apply to compensation paid after 30 June 2021.

Read a June 2021 report (Swedish) prepared by the KPMG member firm in Sweden

 

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