BGN 470M Rental Income Declared in 2014 – NRA

Rental income declared in Bulgaria's National Revenue Agency in 2014 has increased by BGN 19M compared with the previous year.

There has been a positive tendency for an increase of the declared income from rents in the last three years, according to the data from the annual personal income tax returns for 2013, Nova TV informs.

In 2012, a total of 121,000 people declared income from renting property totaling BGN 448M. In 2013, although the number of declarations dropped by 2000, the reported income increased by BGN 3M compared with the previous year. Some 123,000 people have declared income of BGN 470M in 2014.

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