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Bulgaria Publishes Notice on Social Security Contributions for 2020 and Rate Table

|Approved Changes|Bulgaria
Bulgaria

Bulgaria's National Revenue Agency has published a notice on the social security and national health insurance contributions for 2020, including the rate table. Overall, the rates have not changed, and include a standard total social security contribution rate of 24.3% (13.72% by employer and 10.58% by employee) and a national health insurance contribution of 8% (4.8% by employer and 3.2% by employee). The contributions are subject to a monthly basis cap of BGN 3,000. Further, the range for …

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