VAT on baby food and sanitary materials to be 9%, the budget committee at parliament has decided at second reading. Books will also be subject to lower VAT. Chair of the committee, Menda Stoyanova, who is opposed to differentiated VAT, supported the reduction for children's goods. According to her suggestion, excise alcohol, served in restaurants and as part of catering, remains with a tax of 20%.
This has caused anger among hoteliers and restaurateurs, who had a promise from Prime Minister Boyko Borissov to be subject to 9% VAT for their entire turnover. The differentiation will continue until the end of 2021. For the texts to enter into force, they must be approved by the National Assembly.
The leader of “МРФ – New Beginning” Delyan Peevski has expressed his readiness to take the post of prime minister. “When we are the first party, I will form a government,” he said on the sidelines of the National Assembly. “If the Bulgarians give..
The chairman of GERB Boyko Borisov once again stated that the winning formula for forming a regular government is for it to be supported by GERB-SDS, “We Continue the Change – Democratic Bulgaria”, “BSP – United Left” and ITN. However, he clarified that..
Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this occasion, Caretaker Environment Minister Petar Dimitrov called for work to improve and repair the water..
The U.S. Department of State today released the data for the refused type B visas for the financial year 2024. For Bulgaria, this percentage is 6.02%,..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..
At the opening of a business forum in Ho Chi Minh City during his official visit to Vietnam, Bulgarian President Rumen Radev pointed out that Bulgaria..
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