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 reduction for children's goods. According to her suggestion, excise alcohol, served in restaurants and as part of catering, remains with a tax of 20%.
This has caused anger among hoteliers and restaurateurs, who had a promise from Prime Minister Boyko Borissov to be subject to 9% VAT for their entire turnover. The differentiation will continue until the end of 2021. For the texts to enter into force, they must be approved by the National Assembly.
“I call on all representatives of the Movement for Rights and Freedoms in local government — mayors and municipal councilors — to ensure security and predictability for the people and to take the necessary steps to keep all local taxes and fees..
Bulgaria has climbed to 11th place in this year’s Digital Quality of Life 2025 (DQL) index published by Surfshark, up from 18th last year, BTA reported. The index evaluates countries’ digital well-being across five dimensions: fixed broadband..
Around 90% of the antiques seized during an international operation targeting a cultural property trafficking network will be returned to Bulgaria, Deputy Minister of Culture Todor Chobanov told “Nova TV”. “This is an unprecedented operation in..
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