The commitments of individuals to the National Revenue Agency (NAA) in Bulgaria during the year depend on their status and sources of income. Here are the main duties:

1. Filing a tax return

Annual tax return (Art. 50 from VAT):

Submission: To 30 April of the following year for the previous year's income.

Obligation: For individuals, who received income outside of these, for which the employer has withheld tax (for example self-employment income, civil contracts, rentals, income from abroad).

2. Paying taxes

Personal income tax:

Usually 10% from taxable income, unless a different rate is provided (for example with dividends).

Payment: One time until 30 April for self-insured persons, freelance jobs and other irregular income.

3. Insurance contributions

Self-insured persons:

Mandatory advance insurance contributions (for health and social and pension insurance).

Importing: By the 25th of the month, next this one, to which they refer.

Final insurance contributions: Difference between annual income and advance payments already made, payable to 30 April.

Persons without income:

4. Other duties

Advance tax:

In the case of income from non-employment legal relationships: from rent, civil contracts, etc., the person must file an advance tax return (Art. 55 from VAT) and pay the tax due by the end of the month, next quarter, in which the income was received.

References and corrections:

Verification of tax obligations through the NRA system.

Correction of submitted declarations in case of discovered errors.

Health insurance status:

Verification and maintenance of health insurance rights, especially in case of interruption of provision.

Penalties for non-compliance

Late payments or failure to file returns can result in interest and penalties. Therefore, it is important to comply with the deadlines and obligations to the NRA.

For additional information, contact us for a free consultation!