Bulgaria's NRA Single Account Successfully Ditched

Business | March 11, 2014, Tuesday // 16:51| Views: 1022 | Comments: 0
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Bulgaria: Bulgaria's NRA Single Account Successfully Ditched Photo by BGNES.

A total of BGN 125.7M has been paid in Bulgaria's National Revenue Agency's four new accounts for taxes and insurance in one week, the Agency reports.

Some BGN 56.8M was paid in the tax account, BGN 40.4M went for social security contributions, BGN 28.5M was allocated for health insurance and supplementary compulsory pension insurance.

Tax and insurance payments in the four new accounts can be made online, as well, the NRA informs. The Agency's electronic systems accept tax declarations, as well as corporate tax and VAT declarations, submitted online.

NRA single account was declared unconstitutional, and was replaced by four separate accounts for different tax and insurance payments.

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Tags: National Revenue Agency, single account, social security contributions, health insurance, supplementary compulsory pension insurance, tax declaration
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