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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 …

In this article, I intend to shock you. I hope to achieve this by telling you in plain language that our pension system is practically bankrupt. And I will repeat it several times to get it into your head. Bankrupt and therefore in need of urgent reform – transition …

Guest author: Dimitar Tomov Dimitar Tomov is a young entrepreneur, owner of a small business in the technology sector, who, like many other Bulgarian entrepreneurs and workers, is puzzled by the confusing complexity of the Bulgarian tax code: The confusion between gross and net salary in Bulgaria does not come only because of the terms used. People have long used …

A protest by a number of pensioner organizations, supported by President Rumen Radev, was held in front of the Council of Ministers today, with demands that generally converge towards one common one - an increase in pensions. In more detail, the main demands of the protesters are 5 - higher indexation of pensions, removal of the pension ceiling, the creation of a law ...

In the middle of last week, it became clear that, as almost every year, unions and employers have reached an agreement to increase the amount of social security contributions. It will affect 39 industries, employing 956 thousand people. Social Minister Ivailo Kalfin indicated that the remaining industries have a deadline to agree on their increase by …