Government Announces Salary Increase Plan
| Published date | 06 March 2022 |
| Law Firm | Eurofast |
| Author | Ms Slavica Zeljkovic |
Amendments to the RS Labor Law were published in the Republika Srpska Official Gazette on December 29, 2021, while previously announced changes to the Law on Income Tax and the Law on Contributions entered into force on January 1st.
The RS Government made clear that the reduction of contributions is aimed to directly raise employee's individual salaries after the reduction of the income tax rate and changes applied in the salary calculation model, the income tax base and the Labor Law.
The concept of gross...
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