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

Rose oil production up by 10% in 2024

10,335 tons of roses have been produced in Bulgaria in 2024, almost 1,000 tons more than last year, the Consultative Council on Oil Bearing Roses says. There are almost 3,000 rose producers registered in the country, and 53 rose oil distilleries..

published on 10/4/24 9:59 AM

Market Links survey: 6 parties and coalitions enter future parliament

If the general elections were to be held at the beginning of October, 6 parties and coalitions would enter the Bulgarian parliament, a Market Links poll, commissioned by bTV shows. GERB/SDS would earn 23.1% of the votes, followed by We..

published on 10/4/24 9:52 AM
Dzheyhan Ibryamov’s wife Birshen declared a hunger strike until his release

Dzheyhan Ibryamov’s wife declares hunger strike

Charges of trading in influence are to be brought against Dzheyhan Ibryamov after decisions were made to strip him of his immunity from prosecution as member of parliament and as candidate for member of parliament in the upcoming election...

published on 10/4/24 8:53 AM