Bosnia and Herzegovina

Individual - Deductions

Last reviewed - 09 September 2020

FBiH deductions

The following deductions from the PIT base are available in the Federation of Bosnia and Herzegovina.

FBiH personal deductions

Interest paid on a mortgage loan is deductible up to the full amount.

Premium pad on life insurance is deductible up to the full amount.

FBiH personal allowances

Allowances Monthly (BAM*)
Personal allowance 300
Dependent family member - spouse 150
Dependent family member - first child 150
Dependent family member - second child 270
Dependent family member - third and every next child 90
Dependent family member - parent (whose monthly income does not exceed BAM 300) 90

* Konvertibilna marka

RS deductions

The following deductions from the PIT base are available in Republika Srpska.

RS personal deductions

Interest paid on a mortgage loan is deductible up to the full amount.

Premium pad on life insurance to an insurance company licenced in Republika Srpska is deductible up to BAM 1,200.

The paid contribution for voluntary retirement insurance is deductible up to BAM 1,200.

RS personal allowances

Allowances Annually (BAM)
Personal allowance 6,000
Dependent family members 900

BD deductions

The following deductions from the PIT base are available in Brčko District.

BD personal deductions

Premium paid on life insurance to an insurance company is deductible up to BAM 1,800.

Interest paid on a mortgage loan is deductible up to the full amount.

The costs of educating the children paid to school institution.

BD personal allowances

Allowances Annually (BAM)
Personal allowance 6,000
Dependent family members and persons receiving aliment based on the agreement on life-long aliment (50% of personal allowance) 3,000
Deduction for disability of taxpayer or dependent family member 10% of personal allowance for every determined 20% of invalidity
Permanent disability 3,000