When the Riksdag before Christmas last year hammered out the defence's focus for the coming years, primarily up to and including 2025, it was also clear that part of it should be paid for through increased taxes.

The government has previously announced that taxes on alcohol and tobacco will be raised in 2023. Now they are also flagging that there will be further increases in 2024.

More expensive cans

What that means for a pack of cigarettes, a can of snus, or a wine box in kronor, the government will return with later.

But it will increase the revenue from the two taxes by a total of one billion per year, according to the Government Offices' calculations.

In a press release, the government defends the proposals by saying that the alcohol tax has not been raised since 2017 and that taxes on tobacco have admittedly been calculated annually, but that they are still not in line with other price developments in society.

The government also warns that the so-called coupon tax will be replaced in 2024 with a new withholding tax on dividends from companies and funds in Sweden to foreigners.

That tax is estimated to be able to bring in just under a quarter of a billion kronor per year.

Banks must contribute

A new bank tax, now renamed risk tax for credit institutions, will also be included and paid.

On 12 October, the government promised a bill to the Riksdag on the risk tax, and the government estimates that it will increase central government revenue by SEK 5-6 billion per year.

It has been flagged by the government in previous budget bills.

The defense decision last year means that the appropriations for the Swedish defense will increase by 29 billion, from 2020 to 2025, to 89 billion.