Due to the Covid crisis, there are significant changes in the amount of Tax relief in 2021 for children and children with disabilities
If you take advantage of the tax relief for children and children with disabilities, the amended amounts that will be deducted from the annual tax base* of the employee are as follows:
For 1 minor child – BGN 4,500
For 2 minor children – BGN 9,000
For 3 or more minors – BGN 13,500
For 1 minor child with > 50% disabilities – BGN 9,000
*Annual income tax bases are determined by deducting the obligatory social security contributions from the taxable annual income.
The amount granted to each employee
BGN 450
1 child
BGN 900
2 children
BGN 1 350
3 children
BGN 1 350
1 child with disabilities
If the income of one of the parents is not sufficient to take advantage of the full benefit, then the remaining amount can be used by the other parent.
We are still expecting an official statement from the NRA on how parents can take advantage of this opportunity, of which you will be notified.
