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

09 January 2020

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Approved Changes

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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 the work accident and occupational illness funds, which is paid by the employer, is 0.4% to 1.1%. The range is unchanged, although...