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Serbia: Amendments to individual income tax and social security contributions

Effective on January 1, 2026.

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December 9, 2025

The Parliament of Serbia adopted amendments to the individual (personal) income tax law and the law on mandatory social security contributions. Amendments become effective on January 1, 2026.

An overview of the most important changes includes the following:  

  • The non-taxable amount for salary tax calculation is increased
  • Extension of the validity of the relief for payroll tax and social contributions for new employees
  • Shortened period for mandatory holding units of alternative investment funds
  • Amended deadlines for filing tax returns for seafarers

Read a December 2025 report prepared by the KPMG member firm in Serbia

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