With the adoption of the state budget of the Republic of Bulgaria on 1 April 2025, important changes in the insurance legislation became effective. For the first quarter of the year (01.01.2025 - 31.03.2025) the figures for 2024 remain valid, with the exception of the minimum wage, which as of January 1, 2025 increased to BGN 1077. Here we will present the main changes:
- The minimum social insurance income for self-employed persons, including registered farmers and tobacco growers, is increased to BGN 1,077.
- The maximum social insurance income is increased to BGN 4,130. We have already adapted our calculator accordingly.
- The levels of the minimum social insurance incomes (MSII) for the main economic activities and qualification groups of professions are also updated.
- The minimum amount of the pension for period of coverage and retirement under Art. 68, p. 1 of the Social Security Code for 2025 will remain BGN57 until June 30, 2025, and from July 1, 2025 it will increase to BGN 630.50.
- The amount of the second year of maternity remains BGN 780.
- The minimum health insurance for unemployed persons will increase to BGN 08 per month.
- Health insurance for persons on unpaid leave is calculated on half of the minimum insurance income for self-employed persons – BGN 80.
- Time on unpaid leave, which is considered as period of coverage, remains up to 30 working days per calendar year.
- The contribution to the Guaranteed Receivables of Workers and Employees (GRWE) Fund remains 0%.
- Contributions for Accidents at Work and Occupational Diseases Fund are changed by groups of basic economic activities, while maintaining the minimum and maximum limits (0.4 - 1.1%).
- The minimum daily amount of unemployment benefit remains BGN 18 and the maximum amount – BGN 14.
Latest changes in tax law
- From April 1, 2025, the threshold for compulsory registration under Value Added Tax Act returns to BGN 100,000 (Art. 96, p. 1);
- VAT rate for restaurant and catering services, bread and flour remains 20%.