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Serbia: Amendments to Rulebook on VAT

Applicable for tax periods starting from April 1, 2026

May 6, 2026

The Ministry of Finance on March 27, 2026, adopted the Amendments to the Rulebook on VAT, which is applicable for tax periods starting from April 1, 2026.

The amendments relate to:

  • Provisions relating to the tax base
    • Determining the VAT base by estimation
    • Subsequent changes of the VAT base and calculated VAT
    • Return of goods
    • Last day of the period as the date of decrease/increase
    • One document for increases/decreases
  • Adjustments of input VAT and cancellations
    • Decrease of input VAT
    • Increase of input VAT
    • Adjustment of input VAT due to cancellation of invoices and other documents
  • Recipient’s notice on input VAT
  • Advance invoices
  • Self‑invoice (Internal account)

Read a May 2026 report prepared by the KPMG member firm in Serbia

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