For those who want their tax refund in time for Easter, it is necessary to put on a coal. But if you intend to make deductions, there is no rush. But make sure to be thorough – otherwise it can be costly, warns the expert. Thursday 30 March is the last date to submit your return if you want to see your refund roll into your account during Easter week. However, it only applies to those who do not make deductions or changes in their declarations, otherwise May 2 is the date you should keep in mind. Deductions on the tax can provide a much-needed penny back to many households. But it is important to avoid mistakes if you want to avoid heavy fines. Most common mistakes One of the most common declaration mistakes is deductions for housing sales, says Ola Aronsson, tax lawyer at Familjens jurist. Many make too large deductions and have a poor grasp of what is actually deductible. An important thing to keep in mind in this context is the difference between alterations and repairs, the former being eligible for deduction while the latter is not. Say you have a villa where you are redoing the roof. If you change from cardboard to cardboard, it does not add value and is therefore not deductible, it is a normal repair. But if, on the other hand, you change from cardboard to concrete pans, it increases the value and is therefore deductible, says Ola Aronsson. Travel to and from work is another point where things can go wrong. If the travel costs exceed SEK 11,000, you may deduct the amount that exceeds this amount. Here, however, there are certain rules to take into account. At least five kilometers If you take the car instead of public transport, it applies, for example, that you live at least five kilometers away and, in addition, the time saving in relation to the alternative must be at least two hours per day. If the Tax Agency chooses to carry out an audit, they can go out themselves and measure the time and distance between the residence and home, says Ola Aronsson. Job benefits are another critical area in this context. A normal coffee basket in the staff room works. However, lending the company’s car to the employees every other day is, on the other hand, taxable. Recommendation for those in doubt For those who feel unsure about which deductions are valid and which are not, Ola Aronsson has clear advice: Add an open claim to your return. This is done by attaching a note where, for example, when selling a house, you report what you consider to be deductible. And if you make such an open and clear request, you can never get a tax supplement, says Ola Aronsson.
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