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.
The ten new metro stations of the Sofia metro will be finished in 2027, said Sofia Mayor Vassil Terziev who inspected the extension of the third line. 46% of all passengers who travel every day use the underground, he said. “I am very pleased with..
Deputy Chairwoman of the Court of Auditors Goritsa Grancharova-Kozhareva, who on Friday, August 9, received a mandate from President Rumen Radev to form a caretaker cabinet, will start talks on its composition today. Goritsa Grancharova-Kozhareva..
On Saturday the weather in Bulgaria will be sunny . Over Central and Eastern Bulgaria there will be temporary increases in clouds and in places it will rain and thunder. Minimum temperatures will be between 15 and 21°C, in Sofia - 15°C...
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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