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

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