Is the income of a makeup artist declared? Question: Hello! I want to practice the profession of "make-up artist" in my free time (mostly on weekends). Do I have to declare this income if I have a permanent employment contract elsewhere? Thanks in advance! Answer: Hello, The income from the activity you described should be declared. ...

Do the National Revenue Agency recognize invoices from China? Question: Hello! I order goods from AliExpress from China. I created a company - EOOD, I have a company account with which I pay for all orders and download the statements, but the goods arrive directly at home - without a customs declaration, as the VAT is paid in advance and I ...

Charging VAT when selling a car Question: Hello! 11 years ago I bought a truck through the company - EOOD. The invoice includes VAT, but I didn't use the tax credit because the accountant wasn't sure if I was entitled to it, since the car is a two-seater, even though the receipt says it's a truck. It is used, as I used a tax credit for the ...

Deregistration of a self-insured person Question: Hello! I registered as a self-insured person some time ago, but I have not been active since the date of registration. I have not received any income and I no longer need this registration. How do I stop this activity? I live out of the country, can this be done online? Thanks in ...

Earnings from OnlyFans Question: Hello! I am a natural person living in Bulgaria. I get income from Youtube, Twitch and OnlyFans. The income I get from Youtube is for showing ads on my videos. A monthly subscription where videos can be viewed only for paid members of the channel. Donations via the Thank You button. From Twitch, my income is ...

Provision of partners in Ltd Question: Hello! If there are two partners in an OOD who work on employment contracts in other companies, is it mandatory for both of them to be additionally insured or is it sufficient for only one of them - the one who is the manager of the OOD - to be additionally insured? Thanks in ...

Work with a Bulgarian company abroad Question: Hello! I have a registered EOOD in Bulgaria, but I live in Germany. I want to do business with my company there, and pay my taxes and insurance in Bulgaria. I want to open a cafe and a quick breakfast with a warm window, for which I will rent an area in the parking lot of the supermarket close to ...

Company registration during maternity leave Question: Hello! I am currently on maternity leave to raise a child up to 2 years old. I want to start making plaster figures (handwork). The question is, should I start a company since I will be doing sales? Will this affect the receipt of maternity leave, given that I am employed by another ...

A natural person who has reached turnover for VAT registration Question: Hello! If an individual has a turnover of BGN 200,000 for the last 12 months and a profit of BGN 100,000, what will be the tax deduction? With a turnover of more than BGN 100,000 in 12 months, it is mandatory to register for VAT, therefore the taxes will be 10-15% + 20% ...

What is required to rent a property through Booking and Airbnb? Question: Hello! I bought a small apartment /40 sq. m/ with warehouse status in a former hotel complex. I decided to rent it out as an individual for the summer. I furnished it quite appropriately. I need VAT registration for Booking and Airbnb. The Municipality refused my ...