Podcast in English
Text size
Bulgarian National Radio © 2025 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

Maximum speed on highways to become 130 km/h

Drivers should drive with a maximum speed of 130 km/h on highways, which is ten less than the current permitted speed, MPs of the parliamentary Committee on Transport decided, adopting the amendments to the Road Traffic Act at first..

published on 4/10/25 9:36 AM

EC awards translation prize to 11th grader Alexandra Atanasova

Bulgarian 11th grader Alexandra Atanasova is among the 27 winners of the 18th European translation contest for secondary school students Juvenes Translatores, organized by the Directorate-General for Translation of the European Commission. As..

published on 4/10/25 6:05 AM

Rain and snow expected on Thursday

On Thursday, the cloud cover will increase significantly, and rain showers will begin. There will be moderate winds. Strong and gusty westerly and northwesterly winds are expected in the Danubian Plain and the western part of the Upper Thracian Plain...

published on 4/9/25 6:50 PM