Amendments to the Law on Personal Income Tax and the Law on Contributions for Mandatory Social Insurance

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Amendments to the Law on Personal Income Tax and the Law on Contributions for Mandatory Social Insurance resulted in the following changes, which apply from January 1, 2023:

-the non-taxable amount of salary was increased from 19,300 to 21,712 RSD on a monthly basis

-the rate of PDI contribution at the expense of the employer was reduced from 11% to 10%

The lowest contribution base for 2023 is 35,025 RSD
The highest contribution base for 2023 amounts to 500,360 RSD