05.01.2023

HOW MUCH BGN IS THE MINIMUM INSURANCE THRESHOLD FOR FARMERS AND SELF-INSURERS?

The minimum insurance income for self-insured persons and farmers remains BGN 710 per month, but the insurance of the employees employed by them must necessarily be on a minimum salary of BGN 780.

The discrepancy comes from the fact that the so-called "extending law" left the minimum insurance threshold at BGN 710, the same as the minimum wage in 2022.

At the same time, from the beginning of 2023, by decree of the Council of Ministers, the minimum wage is now BGN 780.