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

National Revenue Agency collects more taxes in 2020 compared to 2019

Photo: Library

The total revenues to Bulgaria's National Revenue Agency (NRA) in 2020 amount to BGN 25 billion (EUR 12.8 billion). This means the revenues are BGN 700 million (EUR 358 million) more than the planned revenues and BGN 1.1 billion (506 million) more than in those in 2019, according to the NRA. 

Despite the Covid crisis, businesses and citizens have their paid taxes and social security contributions in good faith. 
The trend of growth of revenues in the treasury is preserved. Last year it was about 5%. 
In 2020, tax revenue amounted to BGN 14 billion (EUR 7.2 billion), of which over BGN 2.6 billion (EUR 1.3 billion) were paid by businesses for corporate taxes. A total of BGN 3.7 billion (EUR 1.9 billion) was paid as personal income tax. VAT revenue amounts to BGN 7.6 billion (EUR 3.9 billion). Revenue from social security contributions amounts to BGN 10.6 billion (EUR 5.4 billion), the BGNES agency reported.



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 AI chat BgGPT can be used for free by everyone

The Institute for Computer Science, Artificial Intelligence and Technology at Sofia University "St. Kliment Ohridski has made available for free use the latest generative artificial intelligence chat application BgGPT , available at bggpt.ai ...

published on 11/24/24 2:37 PM
President Rumen Radev in Vietnam

Bulgaria's President Rumen Radev begins his official visit to Vietnam

President Rumen Radev has arrived on an official visit to Vietnam . This is the first visit of a foreign head of state since the new President Leung Cuong took office in October this year. President Rumen Radev meets the Bulgarian community in..

published on 11/24/24 12:52 PM
Vazrazdane leader Kostadin Kostadinov

The Economic and Social Council with strong reaction against Vazrazhdane-proposed bill on foreign agents

The Economic and Social Council of the Republic of Bulgaria strongly criticizes the bill tabled by Vazrazhdane party on the registration of foreign agents submitted to the National Assembly. In a resolution, the Council described the proposals as..

published on 11/24/24 12:09 PM