The Bulgarian government has agreed to change the threshold VAT limit from 2500 to 5,000 euro. The introduction of the reverse charge mechanism of VAT will contribute to the reduction of losses from VAT fraud and on the other hand will limit unfair competition, which is an important support for small and medium enterprises. Also the use of the mechanism of reverse charge leads to a decrease in cash flows and provides additional working capital for the business, as recipients will have no obligation to pay the tax to suppliers.
Negotiations to form a regular government continue today. There is agreement on the name of the next prime minister - Rosen Zhelyazkov from GERB-SDS, there is also agreement on the governance agreement. However, the talks are complicated by the..
The Speaker of the Bulgarian National Assembly Natalia Kiselova spoke with the US Ambassador to Bulgaria Kenneth Merten. Kiselova expressed condolences to the relatives of the US citizens who died during the devastating fires in Los Angeles ...
A unified water management authority is needed to solve the problems with water shortage. This was what caretaker Minister of Environment and Water, Petar Dimitrov, told bTV. Currently, water management is fragmented,..
A scientific team with Bulgarian participation has shown the presence of three exoplanets in one of the most interesting multi-planet systems discovered..
Bulgaria has no errors in the absorption of EU funds in agriculture and natural resources for 2023, according to the annual report of the European..
The Department ''Economics of Natural Resources'' and the Scientific Research Center for Agrarian Business and Nature Use at the University of National..
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