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

Petar Ganev

Political instability deters foreign investment

The country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and..

published on 4/8/24 10:04 AM

Bulgarian company is among the leaders in lavender oil production

Bulgaria is among the largest producers of lavender oil in the world. Nearly 100% of it is export-oriented. The highest demand is in the USA, Germany, France, Austria, The Netherlands, India, Great Britain, Spain, Canada, Marocco,..

published on 4/7/24 8:50 AM
NSI President Assoc. Prof. Dr. Atanas Atanasov

Cumulative inflation for the last 3 years is 30%, NSI President says

The National Statistical Institute (NSI) expects a high evaluation from the inspection of the Organisation for Economic Co-operation and Development (OECD), said NSI President Assoc. Prof. Dr. Atanas Atanasov.  A report will be released by the end..

published on 3/31/24 4:25 PM