September 2018

September Holidays in Bulgaria

2019-03-11T18:45:26+02:00September 4th, 2018|Payroll|

Dear Clients & Partners, With the present, we would like to kindly remind you for the forthcoming holidays in September 2018. We celebrate: * The Bulgarian National Unification Day on 6th of September 2018; * The Bulgarian National Independence Day on 22nd of September 2018, that is why 24th of September is non-working day; [...]

January 2018

Annual leave entitlements

2018-03-20T15:54:45+02:00January 29th, 2018|Accounting, Bulgarian Laws in English, Changes in Legislation, Payroll, Questions & Answers|

Annual leave entitlements Regular paid annual vacation is a right to every employee in Bulgaria. It is in the interest of both the employer and the employees, before the expiry of the calendar year to execute written documents for postponing the use of the unused days of paid annual leave due to the respective [...]

December 2017

Tax reliefs from employment in Bulgaria

2018-03-20T15:54:45+02:00December 14th, 2017|Accounting, Bulgarian Laws in English, Bulgarian Tax Guide, Changes in Legislation, Consulting, Payroll, Questions & Answers, Taxation|

From this year on, a new declaration for lack of public liabilities must be filled for those employees who would like to benefit from tax relief. According to the Personal Income Tax Act (PITA), every taxable person who has no mandatory public obligations at the date of submission of the annual tax return can submit [...]

Amendments to the Ordinance on working hours, breaks and holidays – can we allocate part of our working time?

2017-12-07T12:16:46+02:00December 7th, 2017|Accounting, Bulgarian Laws in English, Changes in Legislation, Consulting, Payroll|

With the State Gazette № 41 have been adopted amendments to the Ordinance on working hours, breaks and holidays. Its purpose is to refine the legislation regarding the calculation on working time in aggregate. The new changes shall be effective from 1 January 2018. They clarify the way in which the regime of aggregated working [...]

April 2016

Important reporting obligations until the end of April 2016

2018-03-20T15:54:45+02:00April 15th, 2016|Payroll|

Dear clients and partners, With this post we would like to kindly notify you that as a Bulgarian employer you have the obligation the submit declaration under art. 15 from the Healthy and Safe at Work Regulation. The deadline for the submission of this declaration is 30th of April 2016. Please be informed that obligation for [...]