Amidst continuing anti-government protests, the government reduced, temporarily, VAT on wine and beer served in food and drink establishments form 20% to 9%. The motive of the authors of the measure – the United Patriots and Volya – was to..
A new lower VAT rate is in place, as of 1 August, 2020, on wine and beer served in catering establishments, which will be valid until the end of 2021. The reduction on VAT from 20% to 9% is also valid for tourist services, gyms and..
VAT is reduced from 20 to 9% for wine and beer sales in restaurants, commissions of tour operators and charter bus services, gyms and sports facilities. This was voted at second reading in parliament today with the votes of GERB, United Patriots, Volya..
The National Assembly approved definitively the reduction of VAT from 20% to 9% for restaurant and catering services, books, baby food, diapers and sanitary items. With the approval of the texts from the act on amendments to the..
VAT on baby food and sanitary materials to be 9%, the budget committee at parliament has decided at second reading. Books will also be subject to lower VAT. Chair of the committee, Menda Stoyanova, who is opposed to differentiated VAT, supported the..
The proposal of GERB and the United Patriots to reduce VAT on restaurants, catering services and books has been adopted at first reading by the National Assembly. From July 1 this year until the end of 2021, VAT on these services and goods will be 9%...
The ruling coalition in Bulgaria has introduced a bill in parliament to reduce VAT for restaurateurs from 20% to 9%. It is proposed to raise the insurance threshold in tourism from 305 to 400 euros. VAT on books is also reduced. The missed annual..
On the last day of the state of emergency, Bulgaria’s Minister of Finance Vladislav Goranov is to make a report on the state of the 2020 budget during the regular sitting of the government . The report does not include the plans to reduce the value..
The value added tax for restaurants and entertainment establishments in the tourism sector will be reduced to 9% from this summer to the end of 2021. The agreement was reached between Bulgaria’s Premier Boyko Borissov, the Association of Restaurants in..
The ruling parties in Bulgaria's government did not reach agreement on reducing VAT in tourism and the restaurant sector. There is no reason to reduce VAT amidst the current crisis and the state budget cannot afford it, GERB members said. We..
