The deadline for payment of property tax and the patent tax to Sofia Municipality expires

The second payment for property tax and the forth for the patent tax is due until October 31^st, but since it is a holiday, the payment can be made until November 2^nd /Monday/

Each municipality, individually, with an ordinance issued by it shall determine the amount and deadlines of payment of local taxes and fees, amongst which are the property tax and the patent tax. On October 31^st  the deadline for payment of those taxes to Sofia Municipality expires, since this year the deadline falls on Saturday, the payment can be done until November 2^nd – Monday.  According to article 11, para.1 of the Regulation of determining the amount of local taxes of Sofia Municipal Council, this is the deadline when the second payment for 2015 must be paid, unless the possibility of 5% discount has been used on payment of the full amount of tax for the year until April 30^th 2015. The tax is due regardless of whether the property is used or not.

Article 55, para.1 of the Ordinance sets the same deadline of payment of the fourth installment of the patent tax if that has not been paid by January 31^st 2015 in order to use the discount of 5%.

In case that the taxes are not paid on time, the statutory interest (base rate of National Bank of Bulgaria plus 10 percentage points) shall be accrued on their sum.

Payment can be done in one of the three ways:

1. In cash at the cash desk of the municipality;
2. wire transfer to the bank account of the department of the Local Taxes and Fees according to the property location;
3. Postal money order.

Addresses and bank accounts of the departments of the Local Taxes and Fees (LTF) and codes for the type of payments can be seen bellow.