taxes

The inflation crisis in the country (and the world) is deepening and looks set to continue to deepen in the coming months. The war in Ukraine and the economic sanctions imposed by the European Union on Russia have reinforced the already strong inflationary trends and are leading to a shock increase in the prices of a number of raw materials – food, energy and industrial (for …

The date is 08.03.2019. The then businessman - Mr. Asen Vassilev, publicly claims that the effective tax on a salary of 3,000 leva in Bulgaria is nearly 50%. In this calculation, Mr. Asen Vassilev also adds the social security contributions due with the clear understanding that this money is being spent on "one big theft, garnished with ...

This weekend, the negotiations for a government between "We Continue the Change", "There Is Such a People", "Democratic Bulgaria" and the "Bulgarian Socialist Party" ended. Or at least the public part of them ended - the one that was broadcast live on the Internet. From what we saw, the negotiations generally went in relative harmony between the positions of the individual parties. Some …

...between those at the state table and everyone else. The restoration of Bulgarian statehood in 1878 marked the beginning of a deep class division in the Bulgarian nation. From the very first days and months of the Third Bulgarian State, two classes quickly and spontaneously formed. One can be conditionally defined as taxpayers, and the other ...

Last week, the Association of Language Centers in Bulgaria joined the growing number of professional associations that asked the government to provide tax breaks due to difficulties related to the Covid-19 pandemic and the resulting economic crisis. As expected, given the existing problems with face-to-face learning in classrooms. Schools are losing clients from …

Vladislav Goranov has decided to become a lobbyist. This is the gist of the news that the former finance minister has decided to establish a consulting firm after his resignation from the GERB government. All doubts about a potential conflict of interest aside, hardly anyone can be seriously surprised by such news. Still …

Author: Stanislav Kalachev On August 3, 2020, the government decided to raise civil servant salaries by 30%. The decision comes into effect at the end of the same month. This move by the government coincided with the expiration of the first ten days of my quarantine. If you are wondering what the general …

Let’s start with an important clarification. The purpose of this article is to refute some of the main arguments against the planned reduction of VAT from 20% to 9% specifically for the restaurant sector, which was announced by Prime Minister Borisov this week. The purpose is not to defend proposed VAT cuts for other …

Hello, my name is Mitko Saitov and I am a programmer. I decided to respond to Tancho Gargov's comment regarding the proposal for an additional tax for programmers. Nobody eats software? Tancho, you are absolutely right. I am a programmer myself and have some experience in my profession. In recent years, I have been …

The management tradition of raising taxes under the radar has also reached local authorities. After Mayor Yordanka Fandakova hinted during the election campaign that they would not be raised in the capital, shortly after the start of her new term we were surprised with the news that GERB needs to raise nearly 40 million more...