After repeated increases, the Riksbank announced on November 23 that the key interest rate would be left unchanged at four percent. At the same time, the governor of the Riksbank flagged Erik Thedéen because future increases cannot be ruled out.
– Our assessment is that there are risk factors that could push inflation up again, which could mean that we may have to raise the interest rate in the future, he said at a press conference, according to SVT.
Frida Bratt about equalization: “Can be grateful”
The current interest rate situation and the tough economy that many are facing has meant that there is more and more talk about so-called tax equalization. News24 asked Frida Brattwho is a savings economist at Nordnet Bank, about what it really means to balance.
– The interest deduction, i.e. the loan discount of 30 percent that the state stands for, is paid out once a year in connection with the tax refund. But you can choose to delay in order to instead pay less tax here and now, instead of waiting for the lump sum that will instead come this spring. In other words, you get your interest discount continuously instead of collected in a tax refund and pay the correct tax from the beginning, which can be grateful if you have difficulty getting the running costs together, explains Bratt and continues further:
– If, for example, you receive SEK 15,000 in tax refunds, the alternative is to instead pay SEK 1,250 less in taxes every month. In this way, you get more money in your pocket immediately, and don’t have to wait for the Tax Agency’s payment.
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For whom or who is tax equalization suitable?
But for whom or who is tax equalization a good option right now?
– Many have received greatly increased interest costs due to the rising interest rates and for them it may be smart to balance instead of waiting for the government to pay out the interest deduction as a lump sum. Others may want to adjust because they believe that they manage the money better themselves, perhaps in a savings account, than what the state does, notes Bratt and concludes:
– It can also be the case that you need to adjust because otherwise you risk having to pay back taxes. It could be the case, for example, that you have several different employers and that altogether too little tax is deducted.
Here’s what you should do when the orange envelope arrives: “Common misconception”