The National Assembly Committee on Budget and Finance adopted on first reading the proposal for introduction of 9% VAT on restaurants and books, including electronic books.
The Bulgarian Ministry of Finance has warned that if value added tax for restaurants and books is reduced from 20% to 9%, the VAT for other goods and services has to be increased to 24%, or the income tax of the companies should stand at 17%-18%. The draft amendments to the VAT Act are submitted by the ruling coalition and other parties.
If all proposals for reduction of VAT rates for certain goods and services are approved, the damage to the state treasury will amount to nearly EUR 920 million, the position signed by Finance Minister Vladislav Goranov reads.
Around 2 , 120 military personnel from different land forces units have taken part in the efforts to put out wildfires in different parts of the country since 12 July this year, the Ministry of Defence has announced. Some of them are still..
The forest wildfires during the past weeks endangered people and settlements, but also valuable natural habitats which are home to an enormous variety of species, some of them globally endangered, the Bulgarian Society for the Protection of Birds..
Vice President Iliana Iotova stated that accusations will likely be targeted at the new caretaker cabinet that it will be used for political purposes. “This caretaker cabinet is not the president’s. It is time to take off all the masks and say..
There is a danger that the raging fire in the Greek part of Mount Slavyanka will cross into Bulgarian territory , the Deputy Governor of Blagoevgrad..
To mark navy day, the Maritime Museum in Varna is welcoming visitors with an exposition “Maritime rituals and traditions”. The exposition traces..
On Monday the weather will be sunny. There will be light to moderate winds from the south-southeast. Maximum temperatures will be between 34°C and 39°C,..
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