Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Tripartite cooperation council fails to reach accord on extending the differentiated VAT rate

Photo: archive

The tripartite cooperation council did not reach accord on extending the differentiated VAT rate until the end of the pandemic.

The caretaker cabinet wants the tax to be 9% for food and non-alcoholic beverages served at eating and drinking establishments, baby products, books, tour operator services and use of sports facilities. The Bulgarian Industrial Association is insisting on the introduction of a lower VAT rate for all food and non-alcoholic beverages. The Finance Ministry says that this will mean more than 500 million euro less for the treasury. The TUs are demanding a reduction of VAT overall from 20% to 15% and oppose the differentiation.

The biggest trade union in the country, the Confederation of Independent Trade Unions in Bulgaria, warned there will be protests if there are 15% staff cuts in public administration, as proposed by former Minister of Finance Assen Vassilev from We Continue the Change.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Ministry of Justice building

The structure of Russian properties in Bulgaria is unclear

Bulgaria has information on the holdings of companies with Russian involvement , but the scale and type of their investments are not entirely clear, caretaker Minister of Justice Maria Pavlova said in response to questions asked by MP Martin..

published on 10/1/24 10:04 AM

The deadline for submitting applications for voting abroad expires at midnight

The deadline for Bulgarians living abroad to apply for the opening of polling stations for the early parliamentary elections on October 27 expires on October 1 at midnight. By law, polling stations abroad are established in Bulgaria’s diplomatic and..

published on 10/1/24 9:19 AM

Government aircraft evacuates Bulgarians from Lebanon, new flight expected

Some of the Bulgarians in Lebanon were evacuated on a government aircraft flight on Monday evening. The first group, consisting of 89 people, mostly families, mothers with children and elderly people, was welcomed by caretaker Premier Dimitar..

published on 10/1/24 8:46 AM