In Sweden, you typically pay about 50% of your invoiced amount in taxes, excluding VAT.
This taxes consist of:
Income tax: Around 30% of your gross salary.
Employer contributions: 31.42% on top of your gross salary.
Exceptions to the standard employer contribution rate:
15-18y | 10.21% | (up to 25 000 kr/month) |
19-23y | 19.73% | (up to 25 000 kr/month) |
65-85y | 10.21% |
|
85+ | 0% |
|
Important:
Gigapay can only adjust your income tax rate if you provide proof of a decision from the Swedish Tax Authorities. For more information, see Jämkning.