2 ms·
Wow, income tax seems to be pretty low in Bulgaria compared to other European countries? For 50k net per year, or ~4k per month, in most other countries you ne
by menaerus 2y ago
Wow, income tax seems to be pretty low in Bulgaria compared to other European countries?
For 50k net per year, or ~4k per month, in most other countries you need to earn ~80k EUR per year (gross). In Bulgaria, you need ~57k EUR.
For 75k net per year, or ~6k per month, in most other countries you need to earn ~130k EUR per year (gross). In Bulgaria, you need ~85k EUR.
Go figure, these are really large differences and that very well might be the reason why we see a lot of big companies there. Tax is unusually low.
- svilen_dobrev 2y agohere a script to calculate these - net-vs-gross-vs-cost in Bulgaria, for 2025 $ python zaplata.py 10000 10000 neto : 10000 -> bruto= 11680.23, razhod: 12445.10 bruto: 10000 -> neto = 8487.80, razhod: 10764.88 prepend negative year for 2024 or 2023 (max cap of social-security rises YoY): $ python zaplata.py -2024 10000 -2024 10000 neto : 10000 -> bruto= 11627.86, razhod: 12322.36 bruto: 10000 -> neto = 8534.93, razhod: 10694.50 https://github.com/svilendobrev/svd_bin/blob/master/misc/zaplata.py https://github.com/svilendobrev/svd_bin/blob/master/misc/zap... p.s. And no, i do not see a change here - all is still dead - am looking since september