Bulgarian Tax

Tax residents in Bulgaria:          are liable to pay Bulgarian tax on their worldwide income,
Non tax residents in Bulgaria:   are liable to pay tax on Bulgarian-source income only.
Individuals will be regarded as tax residents:

•  if they have a permanent address in Bulgaria,
•  if their centre of vital interests is in Bulgaria, or
•  if they reside in Bulgaria for more than 183 days in any twelve-month period.

Individuals who have a permanent address in Bulgaria but whose centre of vital interests is not in Bulgaria are not considered Bulgarian tax resident.
Married persons are taxed separately.
Taxable income includes:

•  all remuneration, including bonuses,
•  other benefits in cash and kind,
•  income from business or professional activities,
•  capital gains,
•  income from rent.

Certain types of income in 2012 are tax-exempt:

• income under voluntary pension schemes received upon retirement,
• interest on bank deposits.

Certain deductions for 2012 include:

• certain social security contributions,
• certain donations to charitable organisations.

Tax credits are available for early paper filing or electronic filing.
Income tax rates for 2012:

•  10.00% flat tax rate.

Filing date:
Annual tax returns must be filed by the 30th of April the following year.