By the end of February, companies are required to submit statements of income paid to individuals in the past year 2022

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NRA expects employers to send the returns by 28 February

By 28 February, companies and self-employed persons who paid income to individuals in 2022, including from employment relationships, are required to submit electronically to the NRA reports on the amounts paid.

Starting this year, there is a change in the data to be indicated in the return under Article 73, paragraph 6 of the Income Tax Act, the NRA reminds. Along with the wages paid in 2022 and the withheld tax and mandatory social security contributions, employers must also declare certain non-taxable income provided by them.

Among these incomes are: food vouchers given to employees, which are exempt from social expenditure tax under the Corporate Income Tax Act, benefits paid for the first three days of sick leave, lump-sum allowances of up to BGN 2,400 for the birth or adoption of a child, civil marriage, etc.

In the statement under Art. 73, par. The income paid during the year, withheld tax and compulsory social security contributions to natural persons from non-labour relations, exercise of a free profession, royalties, rent or other grant for use of rights or property shall be declared, income from other sources, income subject to a final tax, such as dividends and liquidation shares, taxable prizes and prizes in cash and in kind from games, competitions and contests not granted by an employer or principal, etc. , income from the transfer of rights and property and other non-taxable income exhaustively listed in Art. 73 par. 1 of the Income Tax Act.

The changes effective from 01.01.2023 relating to the information on income from non-employment relationships will apply to income paid in 2023 and will not be reflected in the return under Art. 73 para. 1 for 2022, the revenue agency also reminds.

To facilitate the filing of returns, the NRA provides a client application on its website. Employers can view their declared data through two electronic services, accessible with a personal identification code /PIC/ and a qualified electronic signature /QES/. 1 of the Personal Income Tax Act and the withheld tax and compulsory social security contributions” and “Provision of a report on the current status of the data declared with the Report under Article 73, paragraph 6 of the Personal Income Tax Act for the income paid during the year under employment relationships”.

The data received at the NRA from enterprises will be able to be entered in the pre-filled tax returns, which will be available on the e-services portal at the beginning of March.