New tax regulations 2022

The Ministry of the Environment has published a memorandum with a referral of amendments to the regulation on climate bonus cars, which together with the already existing proposal on changed reduction of the benefit value and adjusted malus levels form the framework for new passenger cars and light trucks.

Proposal for a change in the reduction of the benefit value for environmentally friendly cars

If the Ministry of Finance approves a referral on a changed reduction in the price of a new car, when calculating the benefit value for environmentally adapted cars, the reduction amounts are as follows:

• Electric cars and hydrogen cars: SEK 350.000 • Plug-in hybrid cars: SEK 140.000 • Gas cars: SEK 100.000

The size of the reduction must not exceed 50% of the car’s price, so if an electric car has a price of SEK 500 000, the reduction in the benefit value will be SEK 250.000.

Proposed adjusted bonus from 1st of July 2022

The government has proposed the following actions regarding climate bonuses.

• The CO2 limit for climate bonus-eligible vehicles is lowered from 60 to 50 g CO2 / km. • A bonus may be given for a car whose new price (the price that the car had when it was introduced on the Swedish market) amounts to a maximum of SEK 700.000. • The maximum bonus amount is more than halved, from SEK 45.000 to SEK 20.000*. • Bonus for cars with 0 g CO2 / km is proposed to continue to be SEK 70.000. • Gas cars receive a continued bonus of SEK 10.000. • The minimum bonus amount is reduced from today's approximately SEK 10.000 to SEK 5.000.

Proposed adjusted bonus from 1st of January 2023

• The CO2 limit for climate bonus eligibility is lowered from 50 to 30 g CO2 / km. • Bonus is given to cars with emissions of no more than 30 g CO2 / km. • The maximum bonus amount is more than halved, from SEK 20.000 to SEK 10.000**. • Bonus for cars with 0 g CO2 / km is proposed to be SEK 50.000. • Gas cars receive a continued bonus of SEK 10.000. • The minimum bonus amount is proposed to be approximately SEK 5.000

Proposal for adjusted malus from 1st of June 2022

In early February, the government submitted a proposition for new malus amounts and malus levels, which is proposed to apply from 1st of June 2022. The amounts are unchanged from previous referrals and would mean that all new cars, registered on 1st of June 2022 or later and emit 76 g CO₂ or more per km, will be subject to malus tax.

* The bonus is determined by first multiplying the number 300 by the number of grams of carbon dioxide per kilometer that the car emits and then subtracting the result from the number 20.000. As an example, a car with 1 g CO₂ / km gets a bonus of 20.000 minus 300 = SEK 19.700 . A car with 40 g CO₂ / km gets a bonus of 20.000 minus (40x300 = 12.000) = SEK 8.000.

** The bonus is determined by first multiplying the number 167 by the number of grams of carbon dioxide per kilometer that the car emits, and then subtracting the result from the number 10.000. That is, a car with 1 g CO₂ / km gets a bonus of 10.000 minus 167 = SEK 9.833. A car with 20 g CO₂ / km gets a bonus of 10,000 minus (20x167 = 3,340) = SEK 6.660.