29 04, 2011

Correct treatment of specific employees benefits according to the Bulgarian legislation

2020-10-15T14:26:06+03:00April 29th, 2011|Payroll Management|

Q: Every year, the our company rewards the highest achieving sales employees with a trip outside Bulgaria. Employees spouses and/or partners are able to join this trip and the company pays for all charges incurred whilst the employees are on this vacation. Can you please advise about the correct treatment [...]

28 04, 2011

Awarding employees in Bulgaria with different types of benefits – payroll and tax treatment

2020-10-02T14:31:25+03:00April 28th, 2011|Doing Business in Bulgaria|

Q: Our company is a leading trading firm registered in Bulgaria and operating in several markets in EU. We wish to stimulate our employees by awarding them with different types of non-pecuniary bonuses like TV's, computers, cars and etc. So can you please advise if this would be deemed as [...]

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