The Bulgarian government has agreed to change the threshold VAT limit from 2500 to 5,000 euro. The introduction of the reverse charge mechanism of VAT will contribute to the reduction of losses from VAT fraud and on the other hand will limit unfair competition, which is an important support for small and medium enterprises. Also the use of the mechanism of reverse charge leads to a decrease in cash flows and provides additional working capital for the business, as recipients will have no obligation to pay the tax to suppliers.
By a decision from 6 June, the Council of Ministers has decreed emergency repairs of the fence along Bulgaria’s border with Turkey, BNR-Burgas reports. The urgent repair and renovation work on the border barrier is to be completed by 31 December,..
Today is the last day of campaigning for the 2-in-1 elections in Bulgaria - for national and European Parliament, which will take place on 9 June. Campaigns of political formations and campaigning for the candidates for MPs and MEPs end in 24 hours..
Bulgaria is among the European countries with a high share of foreign students. Currently, foreign students make up about 8% of the student population in Bulgaria, placing the country among the leaders in the region. These figures were presented by..
Almost two-thirds of Bulgarians believe in conspiracy theories, Todor Galev from the Centre for the Study of Democracy said for the BNR in a comment..
It is not yet known who is going to represent the country at the NATO summit to be held in mid-July in Washington DC, caretaker PM Dimitar Glavchev..
GERB/SDS are top of the voter approval list for the elections for National Assembly and European Parliament on 9 June, with a comfortable margin of..
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