Serbia has set the 2025 threshold for its supplementary annual tax at RSD 5,439,096, applying rates of 10% and 15% on higher incomes, with extra deductions for taxpayers under 40.
Serbia has announced the threshold and rates for the 2025 supplementary annual tax on individuals, affecting both residents and non-residents.
Individuals whose net income exceeds RSD 5,439,096, equal to three times the average annual salary, are required to file an annual income tax return. Residents report worldwide income, while non-residents report only income sourced in Serbia. The tax is applied at 10% on income up to six times the average salary and 15% on amounts above that.
People under age 40 on the last day of the year can claim an additional deduction equal to the threshold for income from salaries, self-employment, copyright, and industrial property rights. Returns must be submitted online via the Serbian Tax Authorities’ system by 15 May 2026.
The taxation amounts are applied as follows: income up to RSD 10,878,192 is taxed at a rate of 10%, while income from RSD 10,878,193 and above is taxed at a rate of 15%.
contribute proportionately, while younger taxpayers benefit from an extra deduction to support early career development.
