Tax relief on salaries for new employees put into effect
If they hire minimum one and maximum nine workers, employers will have a right to a refund of 65% of the tax paid, 70% if 10 to 99 workers are hired, and 75% for employing minimum 100 new people.
Refunds will be granted within 15 days of the tax payment date. The new regulation will stay in effect until 30 June 2016.
The idea of employers was to use these amendments to encourage both legalization of existing illegal workers and foreign investments.
For more information on whether tax relief for new employees will bring savings to the economy sector and cut the unemployment rate, click here to read some of the texts eKapija published earlier.
Most Important News
06.04.2024. | Agriculture
Preconditions for Placement of Fresh Blueberries and Dried Plums in Chinese Market Secured
16.04.2024. | News
Jovan Ciric, Leasing Director Retail MPC Properties – MPC Echo symbolizes our desire for good ideas and innovative endeavors to spread freely and bring about positive changes
16.04.2024. | News
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
Creative Industry – What This Serbian Economy Sector Worth EUR 2 Billion Encompasses
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
18.04.2024. | Industry, Finance
Here come the new hunters for Serbian gold – Australian Strickland Metals buys mining project on mountain Rogozna
18.04.2024. | Industry, Finance
16.04.2024. | News
Economy Fair in Mostar opens – 26 companies from Serbia exhibiting
16.04.2024. | News
18.04.2024. | Transport
Jovanovic: Purchase of Siemens trams produced in Kragujevac for GSP Beograd should be considered
18.04.2024. | Transport