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Despite the pandemic, tax authorities in Bulgaria report record-high revenues

Revenues to Bulgaria's National Revenue Agency (NAP) as of April 28, 2021 are close to 4.4 billion euros, which is over 450 million euros more than in the same period of 2020, the agency announced. The record revenues from taxes and social security..

07.05.21 09:28 |

National Revenue Agency collects more taxes in 2020 compared to 2019

The total revenues to Bulgaria's National Revenue Agency (NRA) in 2020 amount to BGN 25 billion (EUR 12.8 billion). This means the revenues are BGN 700 million (EUR 358 million) more than the planned revenues and BGN 1.1 billion (506 million) more than..

05.01.21 12:05 |

VAT rate for home delivery of food slashed to 9%

As of today, 1 December, the VAT rate on home delivery of food is reduced to 9% from the standard 20%, valid for most commodities and services in the country. This is the latest in a series of tax advantages for the restaurant industry during..

01.12.20 14:29 |

Сovid-19 in Bulgaria: Day 267

GERB proposes zero VAT for Covid-19 vaccines From January 1, supplies of Covid-19 vaccines shall be taxed with zero VAT. The amendment to the VAT Law was submitted to Bulgaria’s National Assembly. The zero tax will be valid until the end of 2022,..

29.11.20 17:21 |

GERB proposes zero VAT for Covid-19 vaccines

From January 1, supplies of Covid-19 vaccines shall be taxed with zero VAT. The amendment to the VAT Law was submitted to Bulgaria’s National Assembly. The zero tax will be valid until the end of 2022, BTA reports. Earlier, Premier Borissov..

29.11.20 14:47 |

Bulgarian president vetoes amendments to VAT Act

Bulgaria's President Rumen Radev has imposed amendments to the VAT Act. They introduce new provisions in the Consumer Loans Act, which the head of state defines as "inadmissible" and "legally intolerable", BNR reports.  With some of the approved..

25.11.20 19:12 |

Bulgaria’s business opposes changes to tax system

It is not acceptable to change a functioning tax system that provides a balanced budget, the position of the Bulgarian Chamber of Commerce and Industry on occasion of the tax reforms proposed by the Confederation of Independent Trade Unions in..

30.09.20 13:39 |
Plamen Dimitrov

CITUB demands 15% VAT and income-tax-free threshold equal to minimum salary

The Confederation of Independent Trade Unions in Bulgaria (CITUB) is demanding the introduction of an income-tax-free threshold equal to the minimum salary, declared CITUB President Plamen Dimitrov at a forum dedicated to tax reforms. The..

25.09.20 12:28 |

Covid-19 in Bulgaria: Day 172

Bulgarian government extends epidemic situation until end of September The epidemic situation due to COVID-19 has been officially extended until the end of September. This was decided by the government at a regular meeting, which took place..

26.08.20 19:21 |

Bulgaria waives VAT on import of medical equipment by end of 2020

Bulgaria’s cabinet adopted a resolution to introduce the implementation of the Commission’s decision to waive customs duties and VAT on the import of medical devices and protective equipment . The measure includes face masks and protective..

26.08.20 17:50 |
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