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.
On Tuesday, the cloudiness will still break and decrease from the north , it will be mostly sunny in Northern Bulgaria . Overcast skies are expected in Southeastern Bulgaria and the Rhodopes, where light snow will still fall in places...
President Rumen Radev will hand over the first exploratory mandate to form a government on Wednesday January 15 at 12 noon, the head of state's press secretariat said. The mandate will be given to the prime ministerial candidate nominated by the largest..
An analysis by experts from the Confederation of Independent Trade Unions in Bulgaria (CITUB) shows that the cumulative growth of inflation (measured by the Consumer Price Index) over the last four years (from the beginning of 2021 until now) is..
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 Bulgarian satellite Balkan-1 has been launched into Earth orbit to transmit data for the EU's Copernicus programme . The satellite is a development..
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Mostly Cloudy
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