Amounts of the highest and lowest bases for calculating contributions for mandatory social insurance that will be applied in 2024

/in /by

The amounts of the highest and lowest bases for the calculation of contributions for mandatory social insurance, which will be applied in 2024, have been published. In the Official Gazette of the Republic of Serbia no. 115/2023 of December 22, 2023, the following were published:

  • The amount of the highest monthly contribution base for the year 2024;
  • The amount of the lowest monthly contribution base for 2024;
  • The amount of the highest annual contribution base for 2024;
  • The amount of the lowest monthly contribution base for insured persons from Art. 25, 26 and 27 ZDOSO for 2024.

The new bases for calculating contributions will be valid from January 1, 2024 to December 31, 2024.
The new base amounts for the calculation of contributions will be applied to all salary payments, salary differences or contracted compensation for temporary and occasional jobs that are performed from January 1, 2024, regardless of the month in which the payment is made.

  1. The amount of the maximum monthly contribution base for mandatory social insurance for the year 2024
    The highest monthly base on which contributions for mandatory social insurance are calculated and paid amounts to 573,470.00 dinars.
  2. The amount of the lowest monthly contribution base for mandatory social insurance for the year 2024
    The lowest monthly basis on which contributions for mandatory social insurance are calculated and paid is 40,143.00 dinars.
  3. The amount of the maximum annual contribution base for mandatory social insurance for the year 2024
    The highest annual contribution base for mandatory social insurance for 2024 is RSD 6,881,640.00.
  4. The amount of the lowest monthly contribution base for compulsory social insurance for insured persons from Articles 25, 26 and 27 of the Law on Contributions for Compulsory Social Insurance for the year 2024
    The lowest monthly base on which contributions are calculated and paid for mandatory social insurance for self-employed artists, priests, religious officials and farmers for the year 2024 is 40,143.00 dinars.

HAPPY HOLIDAYS

/in /by

Dear all,

As the holiday season approaches, below you can see the public holidays in January and February 2024.

In January and February 2024, the following state holidays will be observed:

New Year: January 1st and 2nd (Monday and Tuesday) – New Year’s holiday, which falls on Monday and Tuesday in 2024, will be observed as non-working days. Statehood Day (Sretenje): February 15th and 16th (Thursday and Friday) – Statehood Day, being on Thursday and Friday in 2024, will be observed as a non-working day. In January and February 2024, the following religious holidays will be observed:

Christmas: January 7th (Sunday) – Christmas on Sunday in 2024, will be observed as a non-working day. However, since it is a religious holiday celebrated on the actual day, unfortunately, there is no adjustment to a non-working day on Monday, January 8th. Catholics and other Christians celebrating Christmas according to the Gregorian calendar will observe Christmas on December 25th, 2023 (Monday), and they are entitled to a day off.

Saint Sava (Spirituality Day): January 27th (Saturday) – Saint Sava’s Day, being on Saturday in 2024, will be observed as a working day if Saturday is a regular working day according to the work schedule. In January and February, Orthodox believers celebrating their patron saint on any day in January or February are entitled to a day off.

In accordance with Article 114, paragraph 1 of the Labor Law, employees are entitled to receive compensation in the amount of the average wage over the past 12 months for the time of absence from work on a public holiday that is a non-working day.

In accordance with Article 108, paragraph 1, point 1) of the Labor Law, employees are entitled to an increased wage determined by the general act and employment contract for working on a public holiday that is a non-working day – at least 110% of the base.

Happy upcoming holidays from Kreston MDM!