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Serbia Increases Non-Taxable Amount for Salary Tax Purposes and Extends Exemptions for New Employees

|Approved Changes|Serbia
Serbia

Serbia's National Assembly (parliament) has approved amendments to the Personal Income Tax Law, including:

  • An increase in the non-taxable amount for salary tax purposes from RSD 28,423 to RSD 34,221 per month; and
  • An extension of the exemption from salary taxes due by employers in respect of new first-year employees until 31 December 2026 (65% to 75% exemption).

The amendments are effective …

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