The investment savings account (ISK) has unsurprisingly received a lot of attention during the autumn. This due to the fact that Swedish savers now will have access to a tax-free savings alternative for the first time since the Allemansfonder. In this report we have compiled what is happening now, and also looked back at how ISK savings have developed since it was introduced almost thirteen years ago.
The Government's proposal for tax-free savings on ISK:
On the 5th of September 2024, the Government presented a package that intends to strengthen households' purchasing power. The package is included in the government's autumn budget and the package includes a proposal for tax-free savings on ISK. The proposal means:
- The first SEK 150,000 a person saves in an ISK or in an endowment insurance will be tax-free in the income year 2025.
- The tax-free level will be raised to SEK 300,000 in the 2026 income year.
Read the full report: The investment savings account in focus