Bulgaria’s National Assembly adopted at first reading amendments to the Corporate Income Tax Act. According to the amendments, the owners of old vehicles in Bulgaria will pay higher taxes after the introduction of a property and environmental component. The taxes for vehicles with Euro 1, 2 and 3 emissions standard will increase with 30% on average. Over 2 million cars will be affected by the higher tax. Taxes for cars with Euro 6 emissions standard will be 10% to 20% lower. The calculation of the car taxes will be based on a completely new formula with an accent on the environmental component. This is a moderate step and the tax of the old vehicles will increase with only 30% on average, the Chairperson of the National Assembly Budget and Finance Committee Menda Stoyanova commented.
Conditions for mountain hiking are good until midday, with the exception of the Balkan Range, where there will be fog and rain, the Mountain Rescue Service says. In the afternoon the weather conditions will worsen and mountain hiking is not..
The Bulgarian Foreign Ministry is posting additional staff at consular missions to cope with the tourist industry’s increasing needs of foreign workers during the summer season, reads the Foreign Ministry’s position regarding an interview given by..
Caretaker Energy Minister Vladimir Malinov is on a working visit to Turkey. Today he will hold talks in Istanbul with his Turkish counterpart, Dr Alparslan Bayraktar, Minister of Energy and Natural Resources. The meeting is on the initiative of..
Hail storm caused huge damage in the regions of Plovdiv, Haskovo, Stara Zagora and Sliven. No people were injured but crops in many..
Today Bulgaria is hosting a global event of the Organisation for Economic Co-operation and Development. The results of the organisation's global..
On Saturday, minimum temperatures in the country will be between 5 and 10°C, around 5°C in Sofia. The morning will be sunny. In the afternoon it will be..
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