Što je SGI?

SGI stands for sickness benefit income and is a central part of the Swedish social security system. It is a measure of your work income used to determine how much compensation you are entitled to when you are unable to work due to illness or parental leave. Think of SGI as an insurance policy that protects your income when life takes unexpected turns.

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How is SGI calculated?

SGI is the estimated annual income you would have had if you had continued to work as usual, with no absence due to illness or parental leave. Understanding how SGI is calculated can be a bit tricky, but we'll break it down step by step.

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1. Compilation of income

The Swedish Tax Agency collects information about your income from the Swedish Tax Agency and other authorities. This provides an accurate picture of your income during the income-generating period. Här du se, och andre.

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2. Income-test

The next step is to assess whether your income is within the established limit amounts. La máximo possibile SGI para 2024 corresponda a 10 compaños de prizbase, que é a 573,000 SEK. The lowest possible SGI corresponds to 24% of the price base amount, which is SEK 13,752.

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3. Calculation of daily SGI

To calculate your SGI, your annual income from the income-basing period is divided by the number of days in the year, that is 365 days. This produces a daily SGI which is then multiplied by the number of days in a month to bring out your monthly SGI.

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Ejemplos:: If you had a total income of SEK 480,000 during the earnings-based period, your daily SGI will be approximately SEK 1,315 (SEK 480,000/365 days). Your monthly SGI will then be between SEK 39,450 and SEK 40,765 depending on whether the month has 30 or 31 days

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How far back is SGI calculated?

To calculate your SGI, Insurance looks at your income over a certain period of time, which is called the income-based period. This period usually extends twelve months backward in time. This means that the income you have had in the past year forms the basis of your SGI.

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Rêla för SGI

Het regul is een importante rule to know. It means that your SGI can be recalculated if you have had a significant change in your income in the last three months.

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Exemplo de aplicação

Say you've recently started a new job with higher pay or gone from part-time to full-time work. Then you can apply to have your SGI reassessed under the rule. O agencio de seguridad puede utilizar tu última meses como base para calcular o novo SGI.

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Actualizaciones para SGI 2024

Amount maximale di SGI per 2024

Para 2024, el ceilo o máximo SGI que puede usar para calcular compensação é 573,000 SEK. This is equivalent to 10 prizebase amounts.

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Minimum SGI for 2024

The minimum SGI that entitles to compensation is SEK 13,752, which corresponds to 24% of the price base amount.

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New limit amounts

For 2024, the new limit amounts have been adjusted. The highest sickness benefit income is now SEK 573,000, up from SEK 525,000 in 2023. This affects how much compensation one can receive in case of illness or parental leave.

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Impact of price base amount

The price base amount is an important factor in calculating SGI. For 2024, the price base amount is SEK 57,300. SGI se.

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Example: If your SGI is SEK 500,000, the estimated sickness benefit will be SEK 485,000 (SEK 500,000 x 0.97).

It may seem like a small adjustment, but the multiplication by 0.97 is important to understand. It is used to calculate the sickness benefit and parental allowance and affects how much money you actually get paid out.

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SGI para empresas individuales

Individual entrepreneurs have slightly different rules for SGI. Ovdje, the company's surplus is used as the basis for SGI. This means that you need to take into account taxes and deductions.

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Impacts of accrual and expansion funds

If you place money in accrual funds or expansion funds, this affects your performance and therefore your SGI. It is important to be aware of how these financial strategies may affect your compensation in the event of illness or parental leave.

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Ejemplos: If you have a surplus of SEK 500,000 but have set aside SEK 100,000 in accrual funds, your SGI will be counted at SEK 400,000.

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Parental allowance and temporary parental allowance

When calculating parental allowance, the sickness benefit income is also 10 price base amount, i.e. SEK 573,000 for 2024. However, the income cap for temporary parental allowance is 7.5 price base amount.

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Summary and advice to entrepreneurs

Understanding and accurately reporting your SGI is critical to ensuring that you and your employees receive the right compensation when needed. Here's some practical advice:

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• Dividends do not count: Recall that any income from stock dividends is not counted in calculating your SGI, which is because social security contributions are not levied on such income. It is therefore important to also collect wages as an entrepreneur. How much salary to charge, however, is another question.
  

• Keep track of your incomer: Gather and document your income data carefully.
  
  
• Be aware of limit amountsn: Know the highest and lowest amounts of SGI.
  
  
• Utilizzare la regola quando necessario: If your income changes significantly, be sure to request reconsideration by SGI.

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