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Despite the pandemic, tax authorities in Bulgaria report record-high revenues

Photo: BGNES

Revenues to Bulgaria's National Revenue Agency (NAP) as of April 28, 2021 are close to 4.4 billion euros, which is over 450 million euros more than in the same period of 2020, the agency announced. The record revenues from taxes and social security contributions occur in conditions of a continuing pandemic situation and a postponed payment of corporate tax for June 2021, the agency explained.

Revenues from personal income tax are over 650 million euros, from corporate taxes are 250 million euros and from VAT 1.8 billion euros. The highest growth of revenues is from personal income taxes - by over 12%, followed by value added tax - over 10%.

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