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

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%.



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

Employers and trade unions discuss the mechanism for determining the minimum wage

A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..

published on 11/14/24 9:31 AM
Stanislav Popdonchev

Businesses are worried the political crisis is hampering the country’s development, says BIA Vice President

“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..

published on 11/12/24 10:00 AM

Bulgargaz LNG tender for January and February next year attracts record interest

Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All nineteen bidders met the criteria set by the company and have been approved to participate in the next..

published on 11/9/24 2:43 PM