February 2023 - Creative Finance

What requirements must be met in order to use the relief measures for the salaries of the newly-settled taxpayers?

The Government of the Republic of Serbia has set the task to encourage employment and lower the tax burden for employers. So as to achieve this goal, the provisions of the Individual Income Tax Law (Serbian: ZPDG), the Law on Mandatory Social Security Insurance Contributions (Serbian: ZDOSO), as well as other bylaws, were amended in 2022.  The current 8 relief measures are as follows...