This is a guide for how to fill in the section, Other disclosures, in the NE appendix.
This is where you are to submit specific information required by the Swedish Tax Agency. The information also provides the basis for the statistical calculations of various government agencies.
You must cross this box if you have used a car or light truck in your operations and have recognised expenses for lease payments, repairs and maintenance, fuel, deductions for impairment losses and so forth. You must cross this box regardless of whether you have filed any taxable benefit.
You must not cross the box if you have du used your privately owned car and used standard deducted for the costs; refer to item 2.
In this box, you fill in the deduction amount you filed for business trips with your own car, i.e. the car is not listed as an asset in, or leased by, your business. If you prepared simplified year-end accounts, the amount can be found in your books and, if you prepared regular year-end accounts, the amount is included in form boxes R16–R22.
If you deducted any interest expenses in your operational expenses instead of under equity, you are to indicate the amount in this form box. Remember to change the prefilled amount under item 8.1 of the Income Tax Return 1 form.
To utilise declining balance depreciation requires that you previously deducted the impairment losses calculated in the form boxes R16 or R22. If the basis for depreciation is negative, you are required to have previously filed the amount in R15 or R23; see example below.
Costs for depreciation and impairment and losses from divestment or scrapping do not impact taxation and should thus be included as an adjusted income item in form box R13 or R23.
If you included gains from the sale of equipment in profit or loss, this should not be taxed and should thus be deducted as an adjusted cost item in form box R14 or R22. Refer also to the guide form, Calculation – Depreciation and amortisation (SKV 2194), under section 3, Equipment. There are further examples of declining balance depreciation in the brochure, Tax regulations for limited liability companies and trading partnerships (SKV 294).
If you are preparing simplified year-end accounts, you should claim depreciation and amortisation to the same amount as the taxable deduction for impairment losses. In principle, the question of applying declining balance depreciation should thus never arise, and you are not required to reverse any amounts pertaining to sales and so forth.
A company is applying declining balance depreciation. The carrying amount of the equipment is SEK 20,000 and the taxable value is SEK 30,000. During the year, the company sells all of its equipment for SEK 35,000. The sales results in a book profit of SEK 15,000. The calculated basis of depreciation is negative SEK 5,000 (SEK 30,000 – SEK 35,500.
Using form box R14, the company deducts the book profit of SEK 15,000 as an adjusted expense item (–). The company also includes the negative tax base of SEK 5,000, entered as an adjusted income item in form box R13 (+). SEK 15,000 is stated under item 4 of Other disclosures. The tax implication is that the entire income of SEK 35,000 is taxable and a deduction of SEK 30,000 is granted for impairment losses.
In this box, you are to state the impairment deduction claimed for the current year and impairment deductions granted in preceding years for buildings remaining at the close of the tax year. You are to file the deduction on the date that the property is sold.
You arrive at the amount by adding boxes 3–5 under item 1 of the guide form Calculation – Depreciation and amortisation (SKV 2194).
In this box, you are to state the impairment deduction claimed for the year and impairment deductions granted in preceding years for impairment of land improvements that remain at the close of the tax year. You are to file the deduction on the date that the property is sold.
You arrive at the amount by adding boxes 3–5 under item 2 of the guide form, Calculation – Depreciation and amortisation (SKV 2194).
If you have filed any provisions for a replacement reserve, you are to use this form box to state the amount in the replacement reserve. Deductions for replacement reserves arise nearly exclusively for buildings.
In this box, you are to state your capital base if you requested deduction for positive interest distribution in form box R30, or if you have increased your saved distribution amount.
You can fetch the capital base from section A item 12a of the guide form, Calculation – Interest distribution and expansion fund (SKV 2196).
If you have included an income for negative interest distribution in form box R31, you are to state your negative capital base in this box. You can fetch the capital base from section A item 12b of the guide form, Calculation – Interest distribution and expansion fund (SKV 2196).
If you have not utilised a positive distribution amount for interest distribution, you can save this for the next year. In such a case, state the saved positive distribution amount in this box. You can find the amount in the section A item 17 of the guide form, Calculation – Interest distribution and expansion fund (SKV 2196).
If your distribution amount has increased from the preceding year, you must also state your positive capital base under item 8 above.
If you have remaining expansion funds that are not to be reversed in the current year, you are to state your capital base in this box. You can find the capital base from section B item 10a of the guide form, Calculation – Interest distribution and expansion fund (SKV 2196).