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

Bulgaria's IT sector companies oppose proposed raise of social payments

Photo: BGNES

The proposed future Minister of Finance Asen Vassilev has announced on Facebook that the party "We continue the change" will increase the maximum insurance income in the country. Now insurance is due only on salaries up to 1,500 euros per month. Anything above this amount is not taxed. According to Vassilev, the maximum insurance income is at its lowest level since 2007.

The Bulgarian IT sector has stated that raising taxes will drive away their specialists abroad. "They are the main core of the nascent middle class that is so indispensable for the sustainable development of Bulgaria. In our country it is 5%," companies in the industry say in a latter. They point to the fact that currently the number of Bulgarians who pay social contributions on salaries up to 1,500 euro is 188,820 people. Of these, 47,335 are employed in the IT sector.



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

Angel Kunchev

Angel Kunchev: We are at the beginning of a nationwide epidemic of pertussis

Nearly 400 cases of pertussis (whooping cough) have been registered in the country. We are at the beginning of a nationwide epidemic, Chief State Health Inspector Angel Kunchev said for Nova TV. 70 new cases have been registered on Monday and Tuesday..

published on 4/25/24 9:24 AM
National Assembly Speaker Rosen Zhelyazkov

PP-DB demands the resignation of National Assembly Speaker Rosen Zhelyazkov

We Continue the Change - Democratic Bulgaria (PP-DB) submitted a request to Parliament for the resignation of National Assembly Speaker Rosen Zhelyazkov. The document was also signed by MPs from the parliamentary group of BSP for Bulgaria. ‘’We..

published on 4/25/24 8:28 AM

Debate to seek the balance between green energy and support for agriculture

Debate on "Green energy, nature, agriculture - how to reconcile them sustainably?" will be held today in the National Assembly as the organizer is Green Laws Initiative.  According to the organizers, the initiative to build renewable..

published on 4/25/24 8:15 AM