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

MPs vote amendments to shed light on economy

Photo: BGNES

GERB and the Movement for Rights and Freedoms have presented conditions to Finance Minister Assen Vassilev and “We Continue Change – Democratic Bulgaria” coalition, after which they would support amendments to tax laws in the second reading. The amendments are part of a package of laws related to the approval of the state budget for 2024.

The GERB party does not agree with the proposal for a financial incentive received in exchange for a signal about tax evasion. Until the middle of the year, VAT on bread and flour remains at a zero interest rate.

Restaurateurs wishing to have 9% VAT will have to use software that is directly linked to the tax agency. According to MPs from the ruling majority, the purpose of this measure is to shed light on their sales and turnover.



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

The value of the small consumer basket in Bulgaria has not changed in a year

Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3 and 5 BGN (EUR 1.5-2.5) per liter until the new harvest.  The value of the small consumer basket,..

published on 11/29/24 5:05 PM

Financial Supervision Commission: The assets of private pension funds have reached EUR 13 billion

The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by more than 20% compared to the same period last year.  As of September 30, 2024, the number of..

published on 11/21/24 5:30 PM

Bulgarian economy registers upsurge, yet unevenly distributed over different regions

There has been an upsurge in the economy in every region of Bulgaria, the effects of the Covid crisis have been overcome, tourism has fully recovered, which is evident in Bulgarian seaside regions and spa resorts - this is the conclusion that is drawn..

published on 11/19/24 11:51 AM