Government adopts proposal on taxation of freelancers

BizLife 02.04.2021  |  N1
Government adopts proposal on taxation of freelancers

The Government of Serbia has adopted, through amendments to legal regulations, a proposal for a new manner of taxing freelancers.

In order for the bill to enter into force, it must also go through the parliamentary procedure. The essence is that the non-taxable amount of income for freelancers will be equal to the monthly minimum wage of 32,000 dinars. That amounts to 384,000 dinars annually. The adopted Bill on Amendments to the Law on Income Tax determines the amount of standard costs based on income from copyright and related rights and the agreed compensation for work performed, on which

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