News
Tax Alert, February 2019
Adjusted non–taxable amounts in Serbian currency (RSD)
In accordance with Article 12a of Personal Income Tax Law, non-taxable amounts in Serbian currency (RSD) for purposes of personal income tax are being adjusted for annual consumer price index in the year preceding the year for which the alignment is done, based on data of the authority responsible for statistics.
Based on the consumer price index in Serbia in 2018 publicized by the Statistical Office of the Republic of Serbia, table below displays some of the non-taxable amounts for the purpose of personal income tax, which will be effective from February 1st, 2019:
Description |
Amount in RSD |
Non-taxable salary amount |
15,300 |
Assistance in the event of the death of an employee, retired ex-employee or a family member of an employee |
68,488 |
Student scholarships and loans |
11,741 |
Food reimbursement - Allowance that amateur sports clubs pay to amateur athletes |
9,784 |
Reimbursement for work done by members of election commissions, polling and voting committees and for work on the population census |
5,253 |
Financial assistance to natural persons not employed by the provider |
13,001 |
Commuting costs |
3,914 |
Per diem for local business trip |
2,349 |
Travel costs on a business trip |
6,850 |
Solidarity assistance in the event of illness, medical rehabilitation or disability of an employee or a member of his / her family |
39,137 |
New Year's and Christmas present for children of employees, up to the age of 15 |
9,784 |
Anniversary award for employees |
19,567 |
Private health insurance premiums and pension contributions for private pension fund |
5,872 |
Bonuses and other similar compensations to natural persons not employed by the payer |
13,001 |
Contacts
