The Bulgarian Government has confirmed that it intends to introduce a higher rate of tax for the wealthy during 2015. A new 15% rate would apply to those earning more than BGN2,700 (USD1,900) per month instead of the flat 10%. Other measures included removal of the flat tax for those on the lowest incomes and the ability for people who earn the minimum wage during 2014 to be able to claim income tax relief via a simplified tax return form.
Related Posts

Bulgaria consults ViDA-aligned VAT rules and e-invoicing
Bulgaria's Ministry of Finance opened a public consultation on 23 September 2026 on the Draft Law on Amendments to the
Read More
Bulgaria consults on Pillar Two safe harbour package
Bulgaria's Ministry of Finance opened a public consultation on 23 September 2026 on a draft law on Amendments and
Read More
Bulgaria introduces new transfer pricing rules aligned with OECD guidelines
Bulgaria's new Ordinance on Transfer Pricing Methods Application (the New Ordinance) entered into effect on 1 January
Read More
Bulgaria proposes convention update for Pillar Two taxes
The Bulgarian National Assembly on 1 September 2026 accepted for consideration Bill No. 52-602-02-16, which would amend
Read More
Bulgaria revises Pillar Two tax exchange framework
Bulgaria published Decree No. 304 in the State Gazette on 18 September 2026, promulgating the Law on the Supplement to
Read More
Bulgaria proposes accelerated tax depreciation to support business investment
Bulgaria's National Assembly (parliament) is considering a Draft Law on Amendments and Supplements to the Corporate
Read More