Serbian FinMin says government to continue easing tax burden

NEWS 11.02.202017:26
N1/arhiva

Serbian Finance Minister Sinisa Mali said on Tuesday that the government would continue easing the tax burden on earnings and the economy.

Speaking at a conference organized by the National Alliance for Local Economic Development (NALED), the minister said that the government’s priority is to find ways to maintain macroeconomic stability and help the economy grow faster. “We are lowering the tax burden on salaries by one percent a year and that will continue,” he said.  

Mali recalled that the government and Finance Ministry worked on new laws in 2019, including a law on accounting which says that only electronic bills will be issued as of January 1, 2022 to make doing business easier and to speed up VAT refunds. “There is no reason to wait up to 15 months for a VAT refund, that has to be quicker,” he said.