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Croatia Approves Changes to Individual Income Tax Deduction, Top Tax Rate Threshold and Other Measures

|Approved Changes|Croatia
Croatia

The Croatian parliament has approved the planned changes to the country's Individual Income Tax Law. The key changes are as follows:

  • The standard monthly deduction allowance will be increased from HRK 2,200 to HRK 2,600
  • The monthly taxable income threshold for the top individual income tax rate (40%) will be increased from HRK 8,800 per month (HRK 105,600 annual) to HRK 13,200 per month (HRK 1…

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