Bilförmånsintäkt

Bilförmånsintäkt is a Swedish term that translates to "benefit-related income from a company car." It refers to the value that an employee incurs when they are provided with a company car for private use. This private use is considered a taxable benefit by the Swedish Tax Agency (Skatteverket).

The calculation of bilförmånsintäkt is based on the car's price, its age, and the annual mileage. There is a base amount that is taxed, and this amount is then adjusted based on the car's market value. For example, newer and more expensive cars generally result in a higher taxable benefit. The employee's personal contribution to the car's cost, such as a monthly payment, can reduce the taxable amount.

The purpose of taxing the private use of a company car is to ensure fairness in the tax system, as employees receiving such a benefit are obtaining a financial advantage that others do not. This benefit is added to the employee's regular salary and is subject to income tax. Employers are responsible for reporting this benefit to the tax authorities and withholding the appropriate taxes. The specific rules and calculations can be complex and are subject to change, so it is advisable for both employers and employees to consult Skatteverket's official guidelines or a tax professional for precise information.