Non-deductible expenses

A company's fiscal results may differ from the accounting profit. The tax result is the basis for calculating the tax that the company must pay on their profits (corporation).

When calculating the taxable income so is based on the accounting profit adjusted for bla non-taxable income, non-deductible expenses and bokslutsdispostioner. The adjustments made to the Company's income tax return (INK 2).

What is non-deductible expenses? With non-deductible expenses referred to expenses that are not tax deductible, ie the calculation of its tax (skatteberäkning) so you should adjust for these costs. Short involves the adjustment of non-deductible expenses means that the company's taxable income is increased by the adjustment. This helps you pay tax at a higher profit, ie you pay in more taxes.

What expenses are not deductible for tax purposes in the Company's income tax return (INK 2)?

The most common non-deductible expenses, the following accounts (DOWN 2009) culminating in the text “Not less bad”.
5090 Other local costs
5098 Other local costs, deductible
5099 Other local costs, nondeductible

6070 Representation
6071 Representation, deductible
6072 Representation, non-deductible

6340 Damages paid
6341 Damages paid, deductible
6342 Damages paid, nondeductible

6980 Fees
6981 Fees, deductible
6982 Fees, nondeductible

6990 Other external costs
6991 Other external costs, deductible
6992 Other external costs, nondeductible

7620 Sickness- and Health
7621 Sickness- and Health, deductible
7622 Sickness- and Health, non-deductible
7623 Health insurance, non-deductible

7630 Staff Representation
7631 Staff Representation, deductible
7632 Staff Representation, non-deductible

8420 Interest expense on short-term liabilities
8423 Interest expense for taxes and fees

If an expense is not deductible as VAT is not deductible as input tax. Hence, VAT portion of the expenses are not deductible. The above costs are reviewed in detail with coding examples.

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