Income tax in Serbia (2026)
In 2026, income tax in Serbia is a flat 23.5%. On a RSD 5,000,000 salary you take home RSD 3,546,065 a year, RSD 295,505 a month.
Income tax rates
- Top rate
- 23.5%
- Lowest rate
- 20%
- Tax-free allowance
- RSD 410,652
- VAT
- 20%
- Capital gains
- 15%
The 2026 bands, in Serbian Dinar
| Taxable income (after allowance) | Rate |
|---|---|
| over RSD 0 | 10% |
These are the national bands. The top rate of 23.5% also counts surcharges and regional or local income taxes.
Take-home pay by salary
RSD 2,000,000: RSD 1,443,065 take-home (27.8% total tax)RSD 2,500,000: RSD 1,793,565 take-home (28.3% total tax)RSD 3,000,000: RSD 2,144,065 take-home (28.5% total tax)RSD 3,500,000: RSD 2,494,565 take-home (28.7% total tax)RSD 4,000,000: RSD 2,845,065 take-home (28.9% total tax)RSD 4,500,000: RSD 3,195,565 take-home (29% total tax)RSD 5,000,000: RSD 3,546,065 take-home (29.1% total tax)RSD 6,000,000: RSD 4,247,065 take-home (29.2% total tax)RSD 7,000,000: RSD 4,948,065 take-home (29.3% total tax)RSD 8,000,000: RSD 5,638,567 take-home (29.5% total tax)RSD 9,000,000: RSD 6,343,490 take-home (29.5% total tax)RSD 10,000,000: RSD 7,178,412 take-home (28.2% total tax)RSD 12,000,000: RSD 8,798,412 take-home (26.7% total tax)RSD 15,000,000: RSD 11,228,412 take-home (25.1% total tax)
Compare with other countries
Cost of living in Serbia
Frequently asked questions
What are the income tax rates in Serbia?
Income tax in Serbia is a flat 23.5%.
Is there a tax-free allowance in Serbia?
Yes — the first RSD 410,652 a year is tax-free in Serbia.
What is the take-home pay on RSD 5,000,000 in Serbia?
On RSD 5,000,000 in Serbia you take home RSD 3,546,065 a year — RSD 295,505 a month.
2026 rules checked against taxsummaries.pwc.com. Single person, employee, no other income. Not tax advice. Change the details