Serbia has introduced several personal income tax and social security changes for 2023. The main changes include:
- A reduction in the general contribution rate for pension and disability insurance from 25.0% to 24.0%, with the employer contribution reduced from 11.0% to 10.0% (employee contribution of 14.0% is unchanged);
- An increase in monthly non-taxable income allowance for individuals from RSD 19,300 to RSD 21,712;
- The extension of the partial exemption from payroll taxes in respect of ne…