Income statements are due in 3 more days

Income statements are due in 3 more days. NRA reminds that reports on income paid to individuals in 2024 (including from employment) must be submitted electronically by 28.02.

In addition to the taxable employment income paid in 2024 and the tax and compulsory social security contributions withheld, employers must also declare certain non-taxable income provided by them. This includes:

– meal vouchers

– benefits paid for the first two days of sick leave

– lump sums of up to £2,400 for the birth or adoption of a child

– civil marriage

– non-taxable subsistence allowances if the amount paid to a particular individual is over £1,000.

Income paid during the year, withholding tax and compulsory social security contributions to individuals from non-employment relationships, the exercise of a liberal profession, royalties, rent or other consideration for the use of rights or property, income from other sources, income subject to final tax, such as dividends and liquidation shares, taxable prize money and prizes from games, competitions and contests not provided by an employer or commissioned by an

The NRA provides a client application on its website to facilitate the filing of the income statements. Employers can view their reported data through two electronic services. These are accessible with a personal identification code (PIC) and a qualified electronic signature (QES).

TPA Bulgaria

+359 2 981 66 45/46/47

office@tpa-group.bg

128, G.S. Rakovski str, floor 2

1000 Sofia