Accounting updates for 2026 – a selection
From the next financial year, several changes to the K2 and K3 frameworks will apply, potentially affecting both processes and systems. The turn of the year is also a strategic moment to optimise both tax outcomes and financial reporting, which means there are several important areas to keep in mind. In this article, we list some key areas to act on and outline how to best prepare your company for the new year.
Fewer companies may use K2
Housing associations, property companies where buildings account for at least 75% of net revenue, companies with share-based remuneration, and those with certain financial instruments must transition to K3. This involves more extensive disclosure requirements and component depreciation for properties.
Shareholder contributions (K2) - a new rule to note
From financial years beginning after 31 December 2025, the option to recognise shareholder contributions that are pledged after year-end but before the annual report is completed will be removed.
This means that:
- The commitment must be made no later than the balance sheet date to affect the year-end accounts.
- Planning a contribution? Make sure it is completed before year-end.
- This rule applies only to companies using K2.
Other updates in K2
- The threshold for accruals is increased to SEK 7,000. Advances below this amount may also be recognised directly as income or expense, which may simplify the year-end closing.
- Errors may be corrected by restating the opening balance.
- Provisions for special payroll tax on pension commitments must be calculated based on the market value of company-owned assets (such as capital insurance) if this is higher than the carrying amount of the commitment.
Clarifications in K3
- Treatment of share-based remuneration, including that provided by group companies.
- Adjustments to contingent consideration must always be recognised in the consolidated income statement.
- Small companies receive relief when correcting material errors – restatement of the opening balance instead of comparative figures.
Preparing he company for the 2025/2026 year-end
As the year-end approaches, several important measures may affect both tax and financial reporting. Here are some key areas to focus on.
Dividend allowance and distribution
From 1 January 2026, new 3:12 rules apply for calculating the so-called gränsbelopp – the allowance that governs how much dividend may be taken out at the favourable 20% tax rate. The allowance consists of four parts:
- A basic amount of 4 IBB (SEK 322,400 for 2026), allocated in proportion to ownership.
- A salary-based allowance calculated under a new formula:
0.5 × (salary base × ownership share – eight income base amounts).
- Interest on the acquisition cost (only on amounts above SEK 100,000).
- Accumulated unused dividend allowance from previous years (without indexation).
It is important to calculate your allowance now and review the ownership structure. If you are planning to start a new company, it may be advantageous to do so before year-end, as the rules apply only to shares owned at the beginning of the year.
Pay tax on time to avoid interest charges:
- Tax due above SEK 30,000: pay no later than 12 February 2026.
- Tax due up to SEK 30,000: pay no later than 4 May 2026.
Dating and signing the annual report (ÅRL)
For financial years starting after 30 June 2024, the annual report must be dated when its contents are finalised, and each signature must carry its own date. Ensure your routines are updated.
If you have questions about regulatory updates or feel that certain parts of the year-end process are challenging, contact us at Azets and we will guide you and ensure you receive the support you need.