Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

National Revenue Agency collects more taxes in 2020 compared to 2019

Photo: Library

The total revenues to Bulgaria's National Revenue Agency (NRA) in 2020 amount to BGN 25 billion (EUR 12.8 billion). This means the revenues are BGN 700 million (EUR 358 million) more than the planned revenues and BGN 1.1 billion (506 million) more than in those in 2019, according to the NRA. 

Despite the Covid crisis, businesses and citizens have their paid taxes and social security contributions in good faith. 
The trend of growth of revenues in the treasury is preserved. Last year it was about 5%. 
In 2020, tax revenue amounted to BGN 14 billion (EUR 7.2 billion), of which over BGN 2.6 billion (EUR 1.3 billion) were paid by businesses for corporate taxes. A total of BGN 3.7 billion (EUR 1.9 billion) was paid as personal income tax. VAT revenue amounts to BGN 7.6 billion (EUR 3.9 billion). Revenue from social security contributions amounts to BGN 10.6 billion (EUR 5.4 billion), the BGNES agency reported.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The number of believers has decreased by 9 percent for 10 years

Bulgaria ranks last in the EU with just 12 priests per 100,000 people. There are more than 8,000 churches and monasteries in the country, or 10 times more temples than clergy, according to the latest national census of 2021. 51.4%..

published on 7/9/24 10:39 AM
Hristijan Mickoski

Government in Skopje wants denunciation of the treaty with Bulgaria

North Macedonian Prime Minister Hristijan Mickoski said that the rights of Bulgarians in North Macedonia were respected, but the same could not be said about the "Macedonian minority" in Bulgaria, BGNES reports. At a meeting at Johns..

published on 7/9/24 9:40 AM

“Yes, Bulgaria" wants PP-DB to support a government with the third mandate

The leadership of "Yes, Bulgaria" party proposes a plan for the coalition "We Continue the Change - Democratic Bulgaria" (PP-DB) to test the readiness for reforms in the 50th National Assembly, if there was willingness to participate in..

published on 7/9/24 8:45 AM