Serbia's National Assembly (parliament) has approved amendments to the Individual Income Tax Law and the Law on Social Security Contributions that were published in the Official Gazette on 27 November 2024. Amendments include: An increase in the non-taxable amount for salary tax purposes from RSD 25,000 to RSD 28,423 per month; An extension of the exemption from salary taxes due by employers in respect of new first-year employees until 31 December 2025 (65% to 75% exemption); and The extension of the exemption from social security contributions due by employers in respect of new employees to 31 December 2025 (65% to...