Take a fresh look at your lifestyle.

The federal government adopted the funds proposal, greater revenues by 7.eight %

Tax revenues are planned in the amount of 1,592.8 billion dinars, and non-tax revenues in the amount of 200.1 billion dinars, including the own revenues of indirect budget users, the government announced.

In the structure of total revenues, tax revenues amount to 86.4 percent, while non-tax revenues amount to 10.9 percent of the total revenues of the budget of the Republic of Serbia.

The rest is made up of donations in the amount of 50.5 billion dinars, which is 2.7 percent of total revenues.

The budget proposal for 2023 foresees total expenses and expenditures in the amount of 2,107.4 billion dinars.

The estimated level of public debt at the level of the general government is decreasing and will remain at the level of 56.1 percent of GDP by the end of 2023.

It is also expected that the Serbian economy will grow by 2.5 percent next year.

Minister of Finance Siniša Mali told RTS that the budget for 2023, which will be presented to the deputies on December 5, has three pillars.

There is money for increasing salaries and pensions, for investments, and the third pillar is energy, Mali points out.

Adopted proposal for amendments to the Law on Electronic Invoicing

The Government of Serbia has adopted a proposal to amend the Law on Electronic Invoicing, which clarifies the existing provisions and makes additional harmonization with the existing legal framework, in order for the e-invoice system to function even better.

The Government of Serbia has also adopted a proposal to amend the Law on Property Taxes, which harmonized the taxation of inheritance and gift tax and the tax on the transfer of absolute rights with the types of immovable property that can be traded, the government announced.

Therefore, the transfer of the right to permanent use of a parking space in an open residential block or residential complex and the specification of the occurrence of tax liability in specific cases are also included.

The proposal to increase the non-taxable part to 21,712 dinars was adopted

The government also adopted a proposal for amendments to the Law on Personal Income Tax and the Law on Contributions for Mandatory Social Insurance, which provide for an increase in the non-taxable amount of earnings from 19,300 dinars to 21,712 dinars per month, as well as a reduction in the contribution rate for pension and disability insurance from 25 to 24 percent.

Also, it is foreseen to regulate the taxation of natural persons who earn income from copyright and related rights and the agreed fees for the work performed, on which the tax is paid through self-taxation.

The members of the government adopted the Proposal of the Law on Amendments and Supplements to the Law on Tax Procedure and Tax Administration, which harmonizes the provisions of the Law on Tax Procedure and Tax Administration with the provisions of the law governing personal income tax, the provisions of the law governing fiscalization, as well as the provisions of the Code governing criminal proceedings and the introduction of new criminal offenses that are important for combating the evasion of payment of public revenues.

The amended and supplemented proposals of the Law on Value Added Tax, the Law on Fiscalization, and the Law on Republic Administrative Fees were adopted at the session.

The government adopted the proposal for a new adjustment of the amount of pensions

The Government also adopted the Proposal for Amendments to the Law on Pension Insurance, which proposed a change in the method of harmonizing the amount of pensions, so that the growth of pensions could better follow the growth of wages.

Depending on the amount of the mentioned ratio, it is proposed that pensions be adjusted from January of the following year in one of three ways: according to the movement of wages, the movement of consumer prices, or so that half of the percentage change in wages and half the percentage change in consumer prices are taken into account.

In this way, it is ensured that the growth of pensions follows the growth of earnings in periods when the share of pension expenditures and the monetary amount as an increase with the pension in the gross domestic product is lower, and in periods when the stated share is higher, the purchasing power of pensions is ensured by adjusting them to consumer prices. prices.

It is foreseen that the method of calculating the pension adjustment percentage will be determined depending on the ratio of the amount of pensions paid and the amount of money as an increase with the pension according to the amount of GDP, the government announced.

Comments are closed.