The Parliament has passed at first reading amendments to the Taxation and Social Security Procedure Code allowing tax payers to decide for themselves which liability to pay off first in case they cannot afford to settle all liabilities towards the National Revenue Agency simultaneously and before the start of the procedure of forced collection.
The proposed amendment was submitted by MP Yordan Tsonev.
The change currently passed regulates the distribution of the money received in the tax payer’s account for payment of public liabilities. The money will settle first the debt with the most recent maturity. In case two or more liabilities have the same date of maturity, the money will be equally distributed to pay off partially all liabilities. All tax payers have the right to electronic access to their tax accounts in order to be able to check at any moment the amount of state and local taxes they owe.