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Annual taxation of an individual with income from Booking Question: Hello! An individual, just registered under Art. 97a of the VAT Act, who will rent rooms for overnight stays and use the services of Booking.com, which is precisely what the registration under Art. 97a of the VAT Act is for, will submit monthly statements-declarations with ...

Manicure Studio Question: Hello! What would be the most suitable/beneficial option for starting work as a manicurist - registration as a self-employed freelancer, ET or EOOD? I am turning to you for help, and for this purpose I will describe a specific example to see if I am correctly calculating taxes and insurance for all options. Monthly ...

Overlapping maternity leave Question: Hello! I am currently on maternity leave with my first child. I recently found out that I am pregnant again. I am interested in how to transition from one maternity leave to another, will I be entitled to sick leave before and after childbirth and how much will I receive for both children? What documents ...

Freelance work with subcontractors from abroad Question: Hello! I plan to develop as a freelancer (managing Google accounts of various businesses for the purpose of location visibility and attracting clients) and offer my service to America. My questions are as follows: 1. I plan to hire freelancers from America, without providing them ...

Payment of unemployment benefits to a partner in a company Question: Hello! My husband and I want to open a company for used parts, but he is on the stock exchange and receives unemployment benefits. My question is, if we open an LLC and he is a partner and I am a manager, will this be an obstacle to the benefits, will it not be stopped? ...

Declaring CFD transactions Question: Hello! I have two questions and they are as follows: 1. Are CFD transactions (in Admiral Market, for example) indicated with code 508 in the annual tax return? 2. Is an employee appointed under the CFD Act entitled to such income? Thanks in advance! Answer: Hello, If you are filling out ...

VAT when selling a property from a non-functioning ET Question: Hello! I bought a new apartment with Act 16 10 months ago. I want to sell the apartment now, but I have the following case: Years ago I had a company that is an ET and accordingly I was registered for VAT as an individual. My accountant tells me that when selling the apartment I ...

Cash remuneration from abroad Question: Hello! I work for a UK company, but I have returned permanently to Bulgaria and my employer has agreed to transfer me to a contract as a consultant. Which would be better for me - to register as a company or a self-employed person? What documents do I need to submit in Bulgaria and within what time ...

Personal expenses as a company expense Question: Hello! Could you tell me when purchasing personal items, such as a suitcase for travel, reading glasses with diopter or similar, can they be invoiced and recorded as a company expense? The company is an EOOD, not registered for VAT if that matters. Thanks in ...

Foreigner renting out property in Bulgaria Question: Hello! I am from Ukraine. I want to engage in real estate management (renting out). What taxes do foreigners, property owners, pay? And what taxes do I have to pay as an intermediary? Thanks in advance! Answer: Hello, You can operate in two ways – as a freelancer or with a ...