Determination of the minimum monthly insurance income of a self-insured person
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The minimum amount of the monthly insurance income for self-insured persons (persons exercising a free profession) is regulated in Art. 9, para. 1, item 2 of the 2016 law on the state social security budget. Every year this law regulates these levels and they can vary.
For 2016, it is determined according to the taxable income of the person as self-insured from 2014. The minimum dimensions are as follows:
- up to BGN 5,400 – BGN 420;
- from BGN 5,400.01 to BGN 6,500 – BGN 450;
- from BGN 6,500.01 to BGN 7,500 – BGN 500;
- over BGN 7,500 – BGN 550;
If the person did not receive an income in 2014 or started an activity in 2015 or 2016, the minimum monthly amount is regulated at BGN 420.
Source: Art. 9 of the Law on the State Social Security Budget
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