Who has to pay Serbia's annual income tax, and by when?

Checked on 2026-10-25

You pay Serbia's annual income tax if your yearly income is above three average annual salaries: RSD 5,439,096 for 2025, says the Ministry of Finance. The rate is 10% up to six average annual salaries and 15% above. The return is due by 15 May of the following year; residents include foreign income.

Key facts

What	The law says	Source
Who pays	People whose income in the calendar year is above three times the average annual salary in Serbia	Personal Income Tax Law, art. 87(1)
Threshold for 2025	RSD 5,439,096 (average annual salary for 2025: RSD 1,813,032)	Ministry of Finance explanation for 2025, section 3
Residents vs non-residents	Residents: income from Serbia and abroad. Non-residents: income from Serbia	art. 87(1); Ministry explanation, section 2
Income that counts	Salary, self-employment, copyright, real estate rent, renting movable property, sportspeople, hospitality, seafarers, other income, and the same kinds of income earned and taxed abroad	art. 87(2)
Before the threshold	Each income is reduced by the tax and social contributions already paid on it in Serbia; foreign income by the tax paid abroad	art. 87(3), (7)
Under 40	Salary, self-employment and copyright income are further reduced by three average annual salaries (RSD 5,439,096 for 2025)	art. 87(4)–(5); Ministry explanation, section 6
Personal deductions	40% of the average annual salary for you (RSD 725,213 for 2025), 15% per dependent family member (RSD 271,955 for 2025); together at most 50% of the income	art. 88; Ministry explanation, section 8
Rates	10% up to six average annual salaries; 15% on the part above. For 2025 the limit is RSD 10,878,192	art. 89; Ministry explanation, section 9
Deadline	Return by 15 May of the following year (15 May 2026 for 2025)	art. 92(1); Ministry explanation, section 11

How the return works

The law says the Tax Administration fills in the return from official records and posts it on its portal by 1 April. You must correct or complete anything that is wrong or missing and file it electronically. If you don’t file by the deadline, the Tax Administration files the return for you (art. 92(2)–(4)).

The Ministry’s explanation adds that the return is form PP GPDG, filed only electronically through the Tax Administration portal. Where the Tax Administration has not prepared a pre-filled return (it gives the example of income reported under a passport number), you must fill it in and file it yourself by 15 May. A non-resident files through a tax proxy. If your income for this tax works out at RSD 0, you don’t have to file.

Paying

Annual income tax is self-assessed (art. 5), and self-assessed taxes are paid no later than the deadline for filing the return (art. 114).

The rates on each kind of income, before annual tax: salary 10%, capital 15%, rent 20% (arts. 16, 64, 65g).

Sources

Change history

2026-10-25: Page created

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