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Bulgaria vs Belgium
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇧🇬 Bulgaria
vs
🇧🇪 Belgium
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
10%
10% flat; EU lowest; reform pressure growing with deficits
No change
25–45%
Arizona reform reducing top rate; lower brackets widened
-5.0pp vs 2025

VAT / GST / Sales Tax

VAT / GST / Sales Tax
9–20%
Standard 20%; 9% for hospitality
No change
6–21%
Some reduced rates restructured under reform
No change

Corporate Tax Rate

Corporate Tax Rate
10%
10% maintained; Pillar Two compliance active
No change
25%
25% maintained; IP box regime continues
No change

Capital Gains Tax

Capital Gains Tax
10%
10% flat
No change
10–33%
New flat 10% CGT on financial assets in reform
No change

Social Security & Payroll

Social Security / Payroll
~32.7%
Pension system under significant pressure
No change
~46%
Reform targets reducing employer contributions over time
-2.0pp vs 2025
State, Regional & Local Taxes

🇧🇬 BulgariaMunicipal Taxes

Bulgaria's 265 municipalities set local tax rates within nationally defined bands. Property tax (danuk varhu nedvizhimi imoti) is levied at 0.01%–0.45% of the property's tax value (set by municipalities). Vehicle tax and patent tax for micro-enterprises are also locally determined. Sofia Municipality applies higher property tax coefficients than rural areas. Bulgaria has the EU's lowest flat income and corporate tax rates at 10%, making it a competitive jurisdiction for businesses.

🇧🇪 BelgiumRegional & Municipal Income Taxes

Belgium's 3 regions (Flanders, Wallonia, Brussels) and 589 municipalities each add centimes additionnelles (additional centimes) to federal income tax. Municipal rates range from 0% to 9.5% of federal income tax, averaging ~7%. Flanders, Wallonia, and Brussels have differing property tax (précompte immobilier) rates and housing policy incentives. The withholding tax on investment income (précompte mobilier) is federal at 30%. Belgium has no inheritance tax at federal level — it's regional.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Bulgaria vs Belgium: Key Tax Differences (2026)

💰 Income Tax: 🇧🇪 Belgium has a higher top income tax rate (10% vs 25–45%). 🇧🇬 Bulgaria is more favourable for high earners.

🛒 VAT/Sales Tax: Belgium has a higher consumption tax (9–20% vs 6–21%).

🏢 Corporate Tax: 🇧🇬 Bulgaria offers a lower corporate rate (10% vs 25%), which can influence business location decisions.

📈 Capital Gains: 🇧🇬 Bulgaria taxes investment gains at a lower rate (10% vs 33%), benefiting investors.

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