Net-Gross Salary in Bulgaria
About the Net – Gross salary calculator
On this page you can quickly calculate what the gross salary will be if you enter a net salary and vice versa. Additionally, you can see a breakdown of employee and employer insurance, the tax payable, and the total cost to the employer. The account is simplified to be a quick helper for business owners and their administrative departments.
Types of labor remuneration in Bulgaria
- Basic: This is the basic salary entered in the employment contract.
- Gross: This is the sum of the basic salary and the seniority allowance.
- Net: This is the desired net amount to be received (without any advance or other deductions from the net salary).
- Total employer expense: This amount includes the gross remuneration and insurance contributions at the expense of the employer.