Bulgaria begins collecting income tax for 2015

Bulgaria begins collecting income tax for 2015

Sofia, January 4, 2016/Independent Balkan News Agency

On the first working day of 2016, Bulgaria’s National Revenue Agency (NRA) is already accepting income tax filings for the previous year. The deadline for filing tax returns this year is May 3.

The reward for getting one’s tax return in early is getting a five per cent discount on the amount owed, but only if the forms are filed electronically – and it applies only to the amount currently due, not the full amount of tax for 2015.