Income Tax Changes

Day 269, 11:39 Published in Bulgaria Bulgaria by Krembo

As already mentioned in the previous articles new Income Tax changes are about to be voted in the following days.

The reason for lowering the Income Tax from 5% to 1% is to stimulate the consumption among the eBulgarian citizens. The Tax burden will be decreased and this will lead to a higher actual salaries of all workers.

If one receives an average salary of 10BGN currently 0.5 BGN is the Income Tax. With the new proposals this tax will be only 0.1 BGN for those with salary 10BGN. Thus, this will lead to an approximate increase of about 2.80 BGN per week.


I would like to ask all Congress members to support the upcoming proposal (for all industries) so that we could stimulate the economy and the consumption.