Sweden - Payslip (EOR)

Article author
Fabi Lopez
  • Updated

This article explains the breakdown of payslip items in Sweden, including sample payslip image, Employee and Payroll Information, Gross Pay, Wage Tax, Total and To Pay, and Vacation Earnings

Sample payslip

 

Employee and Payroll Information

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  1. Employee details: Pers nr (Employee platform ID), Fiscal Number (Social Security Number), Department, Cost Center, Job Title, and Company Fiscal Number.
  2. Employment and salary information: employment status, start date, base salary, part-time percentage (proportion of hours worked), hourly wage.
  3. Tax Information
    • Table number: The table number, ranging from 29 to 42, determines the amount of taxes deducted. The table to use is chosen based on the city in which you reside.
    • Tax Percentage (Tax Perc.) and Tax Fixed Value (Jämkning): both Tax Percentage and Tax Fixed Value refer to Jämkning. This is a tax adjustment process where the tax withheld from an employee's salary is modified by their employer to take into account certain eligible deductions or credits. Employees can request this adjustment through the Skatteverket website.
    • One Time Tax Percentage: A one-time tax refers to taxes deducted from one-time payments, such as a bonus.
    • Tax Base Value Percentage: The Base Value Percentage is the part of your salary that you pay taxes on. For example, if it's set at 70%, you're only paying taxes on 70% of your income. We recommend seeking professional tax advice before making changes to this percentage.
  4. Payroll details of the month: payroll period covered by the payslip, mutation period (period for payroll adjustments), payment day, run number, and the total hours worked.

Gross

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1. Salary: Your monthly net salary
2. Other gross allowance
3. On-call allowance: Regular working time may not exceed 40 hours per week, and on-call time may be claimed up to a maximum of 48 hours per employee over a period of 4 weeks or 50 hours per calendar month according to Working Hours Act (1982:673).
4. Health insurance BIK: this is the total cost of the health insurance paid by the customer.
5. Health ins. BIK non-tax: This is the portion (40%) of tax that is deducted from the total 100% health insurance cost. The employee is then responsible for the remaining 60% of tax.

See also: Is the cost of private health insurance subject to tax in Sweden?

Wage Tax

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  1. Preliminary tax: An individual who is liable to pay income tax in Sweden is required to pay preliminary tax during the income year. The preliminary income tax return can be seen as an early income tax return. To calculate how much tax is to be paid, Remote submits a preliminary tax return, then the Swedish Tax Agency calculates the preliminary tax and notifies Remote on how much tax is to be paid each month.
    Note: If you have additional income, such as salary from an employer or interest payments, along with profit from business activities, you must include this in your preliminary income tax return.
  2. Preliminary tax (Lump sum tax): A lump sum tax is applied to non-recurring one-time payments and is calculated differently than regular taxes.

Total and To Pay

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    1. Net total: the sum of all earnings after deductions such as taxes and other withholdings have been subtracted from the gross pay.

Vacation Earnings

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  1. Vacation days After Run, Adjustment, Before Run: This refers to the status of vacation days before to the start of the payroll period. If any adjustments occur during the payroll period, such as holidays taken or holidays accrued, this will lead to changes in the numbers under the "After Run" section.
    • Entitled days: Legally permitted days off
    • Saved days: Unused vacation days carried over from the previous year.
    • Earned days: Holidays that are earned but not yet entitled. These holidays will become entitled after the transition to a new calendar year.
  2. Taxable wage and benefits for the whole year (left) and for the current month (right):
    • Taxable wage incl. benefits: Salary and benefits on which you need to pay taxes.
    • Taxes: Taxes related to the tax table used for the employee’s monthly salary. This section also includes one time tax for all allowances or other incentives(severance pay, bonus).
    • Employer costs: These are the costs for each employee on the current month payslip, with the left column representing the cumulative value.

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