The rate is constructed on average gross income: 100.000€
12 x 428€ = - 5.136€
Your social security costs
The social security tax rate is one of the lowest in Bulgaria. Income after deduction of social security: 94.864€
10%: -7.115€
Taxation
Lump sum for professional costs(-25%) Taxation rate 10%: -7.115€ (after deduction of all the costs)
87.749€
Your net income
Calculation of your Net income: 100.000 EUR - 5.136 EUR (social security) - 7.115 EUR (personal taxes) Lump sum for professional costs (-25%): - 23.716 EUR