With the change in the law that came into force on 2022-02-08 in § 1, 1 a and 1 b (Act [2009: 99] on deferral of payment of tax in certain cases) , the number of accounting periods for deferral is increased. For those companies that report their VAT for an entire tax year, the number of accounting periods with which deferral can be granted has been increased to a total of two. Companies that report VAT for calendar quarters can, with the change, receive a deferral of an additional calendar quarter. Companies that report VAT per calendar month can, with the change, receive a deferral of another three calendar months.
The Swedish Tax Agency considers that:
- a company that changes the accounting period from the tax year to the calendar month / quarter can receive additional deferrals with as many periods as the law has been extended by.
- A company that changes its accounting period from calendar month / quarter to tax year can receive an additional deferral of one tax year, provided that the company has not used the maximum number of quarters / months.
Example: change from tax year to calendar quarter
Company A has a deferral of VAT for a tax year. The company then changes the accounting period to a calendar quarter and applies for a deferral of three calendar quarters. The company can only be deferred for a quarterly period, which is the additional quarterly period allowed by the change in the law.
Example: change from tax year to calendar month
If company A instead changes the accounting period to a calendar month, the company can receive an additional deferral of a maximum of three calendar months.
Example: change from calendar quarter to tax year
Company B has a deferral of VAT for two calendar quarters. Thereafter, the company changes the accounting period to the tax year and applies for a deferral for a tax year. Since the company has not utilized the maximum number of quarters (three), the company may after the accounting change receive an additional deferral of one tax year.
Example: change from calendar month to tax year
Company B has a deferral of VAT for seven calendar months. Thereafter, the company changes the accounting period to the tax year and applies for a deferral for a tax year. Since the company has not used the maximum number of months (nine), the company can after the accounting change receive an additional deferral of one tax year.
Source: skatteverket.se
