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

Rumen Radev (L) and Luong Cuong (R)

President Rumen Radev: Vietnam is an important partner for Bulgaria

After the meeting with his Vietnamese counterpart Luong Cuong in Hanoi, President Rumen Radev emphasized that Bulgaria will continue to support efforts to deepen cooperation between the European Union and Vietnam, reported BNR's special envoy to..

published on 11/25/24 9:51 AM
Rumen Radev and Desislava Radeva in Vietnam

Bulgaria's President will meet with the state and political leadership of Vietnam

Bulgaria's   President Rumen Radev, who together with his wife Desislava Radeva is on an official visit to Vietnam, will be welcomed with a ceremony at the presidential palace in Hanoi. There, Radev will hold talks with Vietnamese Head of State Luong..

published on 11/25/24 6:05 AM

Demonstrations against violence against women to be held in many Bulgarian cities

A protest march under the slogan "No more", organised by Feminist Mobilisations, will be held on today's International Day for the Elimination of Violence against Women in front of the capital's Courthouse. The aim is to draw public and..

published on 11/25/24 5:35 AM