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GALIA DIMITROVA
In the pandemic, the NRA also collected BGN 1.1 billion more than taxes.
2020 is a year of fiscal solidarity, defined by the head of
Galya Dimitrova Agency
The National Revenue Agency raised almost BGN 25 billion in 2020. The amount is more than BGN 700 million more than the budget forecast and BGN 1.1 billion more than the 2019 results. This was reported by the NRA in the first business days of this year.
Despite the economic difficulties, companies and citizens have paid the taxes and insurance due in good faith, emphasizes the tax agency. According to its experts, the trend of 5% annual growth in treasury income continues.
14 billion BGN is the total amount of taxes received. Of these, more than 2.6 billion BGN were paid by corporate tax companies. Citizens paid BGN 3.7 billion as tax on their income. Traditionally, the largest amount came from value added tax – BGN 7.6 billion, the data shows.
BGN 10.6 billion are the amounts paid for insurance, and the distribution of this resource is BGN 6.3 billion for state social insurance, BGN 2.7 billion contributions to health insurance and BGN 1.5 billion. additional mandatory pension insurance.
“2020, among other things, turned out to be a year of clearly expressed fiscal solidarity. Some economic sectors have been severely affected, others have been booming, but in general, despite the difficulties, companies and citizens have correctly fulfilled their budget commitments. We appreciate it very much ”, commented the record of income of the executive director of the agency Galya Dimitrova.
Despite the good tax collection, this year’s budget will end with a deficit of BGN 3.6 billion, due to the extraordinary costs incurred to combat the effects of the pandemic.
Revenues, grants and donations for 2020 are expected to reach BGN 44.2 billion and expenditures BGN 47.8 billion.
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