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Comment by menaerus

2 days ago

Wow, income tax seems to be pretty low in Bulgaria compared to other European countries?

For 50k net per year, or ~4k per month, in most other countries you need to earn ~80k EUR per year (gross). In Bulgaria, you need ~57k EUR.

For 75k net per year, or ~6k per month, in most other countries you need to earn ~130k EUR per year (gross). In Bulgaria, you need ~85k EUR.

Go figure, these are really large differences and that very well might be the reason why we see a lot of big companies there. Tax is unusually low.

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menaerus

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svilen_dobrev  2 days ago

here a script to calculate these - net-vs-gross-vs-cost in Bulgaria, for 2025

  $ python zaplata.py 10000
  10000 
   neto : 10000 -> bruto= 11680.23, razhod: 12445.10
   bruto: 10000 -> neto = 8487.80, razhod: 10764.88

prepend negative year for 2024 or 2023 (max cap of social-security rises YoY):

  $ python zaplata.py  -2024 10000
  -2024 
  10000 
   neto : 10000 -> bruto= 11627.86, razhod: 12322.36
   bruto: 10000 -> neto = 8534.93, razhod: 10694.50

https://github.com/svilendobrev/svd_bin/blob/master/misc/zap...

p.s. And no, i do not see a change here - all is still dead - am looking since september