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.
At the end of July, Turkiye sent a diplomatic cable to Bulgaria requesting additional water quantities from the Maritsa River. There is no regulated runoff on the river. The situation in Bulgaria is also extremely worrying due to climate changes and..
The weather on Friday will be sunny . Cloudy skies are expected in the northwestern half of the country. Mostly in the mountains of western and central Bulgaria, it will rain. Minimum temperatures will be between 14 and 21°C, in Sofia - 15°C...
At the beginning of the political consultations for the appointment of a caretaker prime minister and cabinet, the head of state indicated that the election campaign has practically started. According to Rumen Radev, the 50th National..
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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