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 Value Added Tax Act, at second reading, the ruling majority retains the 20% VAT rate for spirits, beer and wine served in restaurants or as part of catering services, as well as for tour operator services.
The reduction in VAT is a temporary measure of support for businesses as a result of the Covid-19 crisis and will be in place until 31 December, 2021.
The European Commission will provide around €50 million from the EU agricultural reserve to fruit, nut and vegetable producers in Bulgaria, Latvia, Lithuania, Hungary, Poland and Romania who have suffered significant damage from adverse weather events,..
The fight against the grey sector is directly connected with restricting labour exploitation and with human rights protection, said Minister of Labour and Social Policy Borislav Gutsanov at the opening of an international conference “Improving..
On a proposal by the Council of Ministers, the heads of the State Intelligence Agency and the State Agency Technical Operations will, from now on, be elected by the National Assembly, BNR’s Maria Fileva reports. This means the president’s powers..
Matan Angrest, who holds Bulgarian and Israeli citizenship, was among the twenty hostages released by Hamas in the Gaza Strip , the Israeli Ministry of..
Education Minister Krasimir Valchev is set to propose a public debate on banning social media for children under 15, reports BNR correspondent Nezabravka..
There is no declared investor interest from a potential buyer and no negotiations for the sale of "Lukoil Neftochim Burgas". This was..
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