Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Finance Ministry proposes increase of VAT for restaurant business back to 20%

Photo: Ani Petrova, BNR

The VAT rate for restaurateurs to become 20% again is one of the measures in the tax laws proposed by the Ministry of Finance. During the Covid epidemic, the tax rate for the industry was reduced to 9%. According to Minister Asen Vasilev, its restoration to pre-coronavirus levels has been discussed with the restaurant industry.

Assen Vassilev has received the assurance of their representatives that they will develop measures to lighten the business, as well as to raise the insurance thresholds of workers above the minimum wage. "If the effect of lightening is greater than raising the rate, we can consider possibly to keep the 9% rate, but only if a very serious complex of measures comes into play", emphasized the minister.

Among other measures discussed is the return of the patent tax for the smallest traders. Basic taxes for citizens and businesses remain unchanged.

As for next year's state budget, the goal is to keep the deficit within the 3% of the Gross Domestic Product permitted under Maastricht.



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

UK includes Bulgarian criminals in the "Deportation Now" scheme

Bulgarian citizens with criminal charges will be deported from the UK without the right to appeal the decision before expulsion . Bulgaria is among 15 countries added to a system called "Deportation Now, Appeal Later", BNR Horizont reported...

published on 8/11/25 6:15 PM

The Holy Trinity church in Madison is hosting its sixth annual Bulgarian festival

The Holy Trinity Bulgarian Orthodox Church in Madison, Illinois, is hosting the Sixth Annual Bulgarian Festival and invites the local Bulgarian community to join in the celebration. The event will take place on Sunday, September 28, from 12:00 p.m. to..

published on 8/11/25 4:33 PM

Consumer basket rises by 51 euro cents over the week

The prices of several essential foods increased last week . Items such as pork, yoghurt, cheese, oil, and certain fruits and vegetables—including tomatoes and cucumbers—became more expensive. As a result, the consumer basket rose by 1 lev (0.51 euro),..

published on 8/11/25 4:09 PM