Food donated 30 days or more before expiry date will be exempt from value added tax (VAT), Bulgaria’s National Assembly decided on Thursday. For the purpose, the labelling of the food products must read the following: Donation-Not for Sale. The cost of the donation must not exceed 0.5% of the annual turnover of the contributor. According to data of the Bulgarian Food Bank, over 670,000 tons of food is destroyed in Bulgaria each year and donations amount to an average of 270 tons. Meanwhile, over 1.5 million Bulgarians live in poverty. The amendments to the VAT Act will enter into force on January 1, 2017.
More than 550,000 people received support last year under the European programme Food and Basic Material Assistance – packages of staple foods and nine kinds of sanitary items. Almost 70,000 people from 232 municipalities have availed..
During an operation of the General Directorate Combating Organised Crime under the leadership and supervision of the Sofia City Prosecutor's Office and the National Revenue Agency, a criminal group involved in tax crimes and money..
A list of over 10 unfair trade practices that must be stopped will be handed over to representatives of all parliamentary groups. Among them are high mark-ups, hidden fees of retail chains, inequality between Bulgarian and imported..
Education must make children not only knowledgeable but also good people, said Minister of Education and Science Krasimir Valchev at a meeting with His..
In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory..
On February 19th, the day when Bulgarians worldwide commemorate 152 years since the passing of the Apostle of Freedom, Vasil Levski, Bulgaria’s National..
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