If an employee provides a decision from TELK (Labor Expert Medical Commission) for lost work capacity of 50 and over 50%, regardless of which date and month the document was issued, then this person is entitled to tax relief for the entire year. The relief is used by deducting the [...]
Here, the legislator has provided that no matter how many types of social expenses the employer may have, the one-time amount of up to BGN 60.00 per month is non-taxable. This automatically means that when an employer has health insurance, life insurance or additional pension insurance, of the sum of [...]
Yes, no problem. Even when parents are divorced both of them have a right. But when the mother uses tax relief through the employer, the father has to submit the declaration in the NRA.
The maximum that any parent can receive as a refund is the amount of the paid tax but not more than the due amount. In this case the other parent can apply for the rest of the tax relief amount. As only one parent can apply through the employer, the [...]
No, this is a new regulation and this year the reporting will be done once in December for the whole amount. As of now, there is no specific template and code for reporting provided by the National revenue agency.