April 2023: Your reference for Tax News in Serbia
Starting in May 2018, Confida Serbia is creating Monthly Newsletter with the aim to provide key tax news.
Tax obligations in April
The Tax Administration of the Republic of Serbia publishes a calendar for each month of the year on tax obligations. The calendar allows taxpayers to prepare the necessary documentation on time and settle debts to avoid paying default interest and penalties for non-compliance with tax obligations.
Competitiveness Development Support Program
The Serbian Chamber of Commerce has announced a Public call to participate in the Competitiveness Development Support Program, which aims to improve business and increase the competitiveness of companies in Serbia.
SEF changes
On March 5, 2023, the Ministry of Finance published the details of the changes to the SEF and the updated technical instructions on the website of electronic invoices.
Amendments to the VAT Rulebook
On February 24, 2023, the Minister of Finance adopted a new Rulebook on Amendments to the VAT Rulebook, which entered into force on March 1, 2023.
Annual Personal Income Tax
All resident natural persons whose annual worldwide income exceeds three times the average annual salary paid in the Republic of Serbia
Tax depreciation calculation: The amount of five average monthly gross earnings
For the calculation of tax depreciation for fixed assets by December 31, 2018, the provisions of the old Rulebook on the method of classifying fixed assets by group and the determining depreciation method for tax purposes are applied.
Tax depreciation calculation: The amount of five average monthly gross earnings
For the calculation of tax depreciation for fixed assets by December 31, 2018, the provisions of the old Rulebook on the method of classifying fixed assets by group and the determining depreciation method for tax purposes are applied.
The predominant exporter of goods status
Article 52 of the VAT Law foresees a VAT refund deadline of 15 days for taxpayers who mainly sell goods abroad, significantly shorter than the 45-day deadline that applies to all other VAT taxpayers.
March 2023: Your reference for Tax News in Serbia
Starting in May 2018, Confida Serbia is creating Monthly Newsletter with the aim to provide key tax news.