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

Bulgarian National Bank building

EUR 102 million in new debt will probably be taken out in mid-May

200 million Leva (over EUR 102 million) of new debt is expected to be taken out on 13 May this year, according to the Bulgarian National Bank website. This is the date on which an auction has been announced for 6-month treasury bonds with an annual..

published on 4/27/24 4:24 PM

Fitch Ratings affirms Bulgaria's long-term foreign-currency Issuer Default Rating

Fitch Ratings has affirmed Bulgaria's long-term foreign-currency Issuer Default Rating (IDR) at 'BBB' with a positive outlook. Bulgaria intends to request a reassessment of its progress on convergence criteria in 2H24, which should allow for..

published on 4/27/24 1:03 PM

More than 1/5 of Bulgarians live below the poverty line

The poverty threshold in Bulgaria was BGN 637.92 (EUR 323) per person per month in 2023. This is an increase of 21.3 per cent compared with the previous year , when the indicator was BGN 525.92 (EUR 266), the National Statistical Institute said.  I..

published on 4/26/24 1:37 PM