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The Riksdag votes in favour of the Moderates’ and Christian Democrats’ budget proposal

Published: 13 December 2018 at 17.38

The Riksdag has voted in favour of the joint reservation from the Moderate Party and the Christian Democrats regarding the proposed central government budget for 2019.

On Wednesday, the Riksdag voted in favour of the dissenting members' proposal for an expenditure ceiling for 2019–2021, expenditure limits for 2019, and estimated central government revenues for 2019.

The decision entails a rise in the threshold for state income tax. The threshold for 2019 will be SEK 42,000 instead of SEK 40,600. The Riksdag also calls on the Government by way of an announcement to come back with legislative proposals concerning for example the abolition of special payroll tax for older people and the abolition of tax on air travel.

Expenditures in the central government budget for 2019 are estimated to amount to a total of SEK 1,023 billion and revenues are estimated to amount to SEK 1,084 billion. The budget balance will thus be SEK 61 billion in 2019. The Riksdag's decision concerning expenditure limits will be a determining factor in the next stage when the Riksdag decides on appropriations for the 27 expenditure areas.