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RS Tax 2021

Serbia Tax Tables 2021 - Tax Rates and Thresholds in Serbia

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This page contains the tax table information used for the calculation of tax and payroll deductions in Serbia in 2021. These tax tables are used for the tax and payroll calculators published on iCalculator™ RS, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Serbia or would like to add to or suggest amendments to the information herein then please contact us.

Serbia Personal Income Tax Tables in 2021

The Income tax rates and personal allowances in Serbia are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Serbia Tax Calculator 2021.

Serbia provides an annual "Standard Deduction" that is deducted from your total income to produce your taxable income in Serbia in 2021:

Serbia Standard Deduction in 2021
Residence StatusStandard Deduction
ResidentРСД 25,000.00
Non-residentРСД 0.00
Serbia Residents Income Tax Tables in 2021
Personal Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
0%Income from РСД 0.000.00to РСД 2,470,644.00
10%Income from РСД 2,470,644.01 to РСД 4,941,288.00
15%Income from РСД 4,941,288.01 and above
Serbia Non-residents Income Tax Tables in 2021
Personal Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
0%Income from РСД 0.000.00to РСД 2,470,644.00
10%Income from РСД 2,470,644.01 to РСД 4,941,288.00
15%Income from РСД 4,941,288.01 and above

In Serbia, social security deductions made by employees are considered deductible when calculating taxable income. This means that the amount contributed towards social security by employees can be subtracted from their gross income before income tax is applied. This approach helps to lower the taxable base for individuals, effectively reducing the amount of income tax they owe. The deductibility of social security contributions thus serves to alleviate the tax burden on employees, making the system fairer and more balanced.

Serbia Social Security and Payroll Deduction Rates in 2021

In Serbia, social security and payroll deductions are integral components of the employment framework, ensuring that both employees and employers contribute to the nation's welfare systems. These deductions fund various social security programs, providing benefits such as pension, health insurance, unemployment support, and more. This comprehensive guide explores the different types of social security contributions and what they finance in the Serbian context.

Serbia Social Security in 2021: Rates for Employers and Employees
CategoryEmployeeEmployerTotal
Pension and Disability Insurance14%12%26%
Health Insurance5.15%5.15%10.3%
Unemployment Insurance0.75%0%0.75%
Serbia Social Security and Payroll Deduction in 2021: Earnings Thresholds for Employers and Employees
CategoryEmployeeEmployer
Min.Max.Min.Max.
Pension and Disability Insurancen/an/aРСД 481,716.00РСД 6,881,640.00
Health Insurancen/an/an/an/a
Unemployment Insurancen/an/an/an/a

Serbia VAT Rates in 2021

VAT rates for Serbia are reviewed annually, you can use the VAT Calculator to calculate VAT due in Serbia or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.

Serbia VAT Rates
VAT RateVAT Description
0%Zero Rated
8%Reduced Rate
20%Standard Rate

Historic Tax Tables supported for Serbia

The following tax tables are supported by iCalculator™ RS as part of the suite of free tax tools we provide for Serbia.