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

Within the framework of the budget deficit the government takes on new 3-year debt

The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..

published on 5/28/24 9:19 AM

BNB reminds why the real estate market should not be overheated with mortgages

The Bulgarian National Bank published a review of measures aimed to address the risks to the banking system, including those stemming from loans secured by residential real estate. ''Such concerns are well-founded given the situation in the real..

published on 5/27/24 12:44 PM

Standard & Poor's confirms Bulgaria's rating and positive outlook

The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive.  If a stable..

published on 5/25/24 10:50 AM