Allowing freelancers to estimate their tax accurately
The Serbian Tax Administration officially launched its web portal for freelancers on 30 June 2023, marking a significant milestone in facilitating tax return submissions for this demographic.
The primary objective of this portal is to streamline the process of tax return submissions for freelancers. Specifically, it caters to three categories of individuals eligible to utilize its services:
- Serbian natural persons – residents of the Republic of Serbia – who earn income while working within the country from a foreign payer (be it a legal entity, entrepreneur, or another individual). Alternatively, it covers cases where the Serbian resident receives income from a foreign source that does not deduct or remit taxes and contributions within the Republic of Serbia.
- Serbian natural persons – residents of the Republic of Serbia – who generate income from foreign work engagements, receiving payments from abroad, be it from legal entities, entrepreneurs, or individuals. Similarly, this includes instances where the payer does not calculate and remit taxes and contributions within Serbia.
- Foreign natural persons – non-residents – who earn income through work conducted within the Republic of Serbia, paid by foreign sources such as legal entities, entrepreneurs, or individuals. In these cases, the income payer does not withhold or remit taxes and contributions within Serbia.
Besides facilitating tax return submissions, the portal offers a plethora of invaluable tools pertinent to the tax regulations affecting freelancers. Among these is a self-assessment test designed to help individuals determine their eligibility for utilizing the portal’s services. By taking this test, freelancers can ascertain whether they can proceed with submitting their tax returns through the platform.
Furthermore, the portal boasts an online informative tax calculator, allowing freelancers to estimate their tax liabilities accurately. This tool proves particularly useful in helping individuals plan their finances better and stay compliant with tax obligations.
Aspiring freelancers, as well as established ones, can leverage the portal as a comprehensive resource hub. It houses essential documents, a comprehensive Q&A section, and a convenient link to access the CROSO website (Central Registry of Social Insurance). Through these resources, freelancers can stay informed about the latest tax regulations, guidelines, and any updates relevant to their profession.
By providing a central platform that caters specifically to freelancers’ needs, the Serbian Tax Administration demonstrates its commitment to supporting this vital segment of the workforce and fostering a culture of responsible taxation.
For any tax related matters, feel free to contact our tax team at office@vuliclaw.com