Bulgaria Labor Code & КТ

Bulgaria Employment Notice & Severance Calculator

Calculate statutory termination compensation in Bulgaria under the Labor Code (Кодекс на труда - КТ). Covers statutory notice buyouts (чл. 220 КТ), statutory economic redundancy severance (чл. 222, ал. 1 КТ - up to 1 month salary for unassisted unemployment), retirement severance (чл. 222, ал. 3 КТ), and accrued untaken vacation cash settlements.

Salary & Termination Ground

Severance Settlement Package (BGN & EUR)

Total Gross Compensation 4,419 лв ≈ €2,259 EUR
Statutory Severance (чл. 222) 3,200 лв 1 month statutory indemnity
Vacation Liquidation 1,219 лв 8 accrued working days
Personal Income Tax (10%) -441.90 лв Severance is tax-exempt from social

Final Liquidation Ledger (Сметка за прекратяване)

Contractual Gross Wage 3,200.00 лв
Statutory Severance Pay 3,200.00 лв
Untaken Leave Payout (чл. 224 КТ) 1,219.05 лв
Total Gross Settlement 4,419.05 лв
Personal Income Tax (10% ЗДДФЛ) -441.91 лв
Net Severance Check Received by Worker 3,977.14 лв

📊 Bulgarian National Revenue Agency (NRA / НАП) Statutory Matrix

Statutory Component / Legal Deduction Item Calculated Amount (BGN)
Primary Net / Statutory Payable Amount 0.00 лв.
MS

Engr. Muhammad Shahzad

Principal Financial Systems Architect & Bulgarian & Southeastern European Fiscal Compliance Architect

Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.

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