Withholding tax on fringe benefits:

Bulgaria - 10% Withholding tax on fringe benefits

Accounting Services

Accounting Bulgaria


ACC offers a full range of accountancy services with an emphasis on payroll, tax consulting and annual and periodic financial statements.

ACC Bulgaria - it's that simple!

Payroll Accounting

Payroll Bulgaria
At the Accounting Competence Center in Bulgaria, we view our work as more than just a job to complete. It's an entire way of doing business.

Payroll in Bulgaria - quickly, professionally and efficiently.

Taxes in Bulgaria

Tax planning and Tax optimization

ACC Tax Specialists bring combined experience and expertise to client assignments - we are creative, driven, diligent and enjoy solid reputations with Bulgarian government representatives based on a long history of mutual respect. These relationships, combined with extensive tax optimizartion experience allow for a unique approach to tax consulting.

GENERIC TAX NAME Personal income tax - Withholding tax on fringe benefits
Tax name in BG Данък в/у социалните разходи
Tax name in English Withholding tax on fringe benefits
Tax in force since 01/01/1998
Legal base
Promulgated in issue 105 of the State Gazette of 22 December 2006 and effective as from 1 January 2007 amended and supplemented SG No. 110/21.12.2007 and effective as from 1 January 2008.
Type of tax
DIRECT TAXES
Personal income tax
Corporate income tax
Other
INDIRECT TAXES
VAT
Excise duty
Other
SOCIAL SECURITY CONTRIBUTION

Who Sets
the tax rate the tax base Reliefs
Central authority
Regional authority
Local authority
Social security
 
Central authority
Regional authority
Local authority
Social security
Central authority
Regional authority
Local authority
Social security

Region of application
Republic of Bulgaria.

Taxpayer
All employers.

Tax object
Any expenses on fringe benefits, which have been incurred by any employer.

Basis of assessment
The fringe benefits made by the employer to employee.

Tax due date
The payers of final taxes withheld at source under CITA shall be obligated to charge the taxes due and to remit the said taxes to the budget on or before the 15th day of the month next succeeding the month of the charge.

Deductions - allowances - tax credits - exemptions

Tax collector
The tax due shall be credited to the territorial directorate of the National Revenue Agency at the place of registration.

Tax revenue

Bulgaria - Personal income tax - Withholding tax on fringe benefits


This file was last updated on 2008/08/14.