The value added tax for restaurants and entertainment establishments in the tourism sector will be reduced to 9% from this summer to the end of 2021. The agreement was reached between Bulgaria’s Premier Boyko Borissov, the Association of Restaurants in Bulgaria and the Bulgarian Hotel and Restaurant Association, this country’s government has announced.
"We are taking a political risk with this decision. However, the decision is in support of the sector which incurred losses due to the Covid-19 crisis and has been agreed with the Ministry of Finance", Premier Borissov underlined. In return, gray economy in this sector should be reduced to zero, Premier Borissov has demanded. The amendments to H-18 regulation, which governs fiscal reporting via cash registers, were delayed for next year. Elaboration of anti-crisis credit plan and grants from the Bulgarian Development Bank were also negotiated during the meeting.
Nearly 2/3 of Bulgarians said they were happy in 2024, while 26% responded negatively in the traditional end-of-year survey by Trend, commissioned by the 24 Chasa newspaper. Personal life, family, social circle and work are..
Severino Kozhuharov, co-owner of the newspaper "BG BEN", which is published in the UK, presented an honorary award "best partner and active contribution to the development of the newspaper "BG BEN" for 2024 to the chairman of the..
Bulgaria should focus on adopting a budget that will help it enter the eurozone, International Monetary Fund Managing Director Kristalina Georgieva told Nova TV. According to her, the country is on its way to solving the problem of higher inflation. The..
An avalanche has fallen in Pirin Mountain close to Bansko ski resort and has buried people . The Mountain Rescue Service has reported that one of the..
President Rumen Radev met in Sofia with the Prime Minister of Hungary Viktor Orban who is paying a visit to Bulgaria at the invitation of the Bulgarian..
On Saturday, a cold front will sweep across the country. During the night there will be rain in Western and Central Bulgaria, and snow in the..
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