Several Tax laws related to personal income tax and corporate income tax fields were amended since the beginning of 2021.
The legal changes adopted on 1 January 2021 had a virus-related background, affecting tax law only in a few peripheral areas.
Applications for payment facilities may refer to tax and social security contributions as well as to tax prepayments and withholding tax liabilities. No interest for deferred payment and payment by instalments will be charged before the expiry of 24 months.
Partially reduced working hours were also introduced along with Covid legislation. It means that Employee’s working hours could be reduced to between 5 and 20 hours per week. This special provision was extended until 30 June.
For additional information, please contact our Region Executive Ms. Dajana Topic at our Eurofast office in Bosnia & Herzegovina, at Dajana Topic firstname.lastname@example.org.
Eurofast is a regional business advisory organisation employing local advisors in over 23 cities in South East Europe & the Middle East (SEEME). The Organisation is uniquely positioned as one stop shop for investors and companies looking for professional services in South East Europe & the Middle East.