The National Assembly approved definitively the reduction of VAT from 20% to 9% for restaurant and catering services, books, baby food, diapers and sanitary items.
With the approval of the texts from the act on amendments to the Value Added Tax Act, at second reading, the ruling majority retains the 20% VAT rate for spirits, beer and wine served in restaurants or as part of catering services, as well as for tour operator services.
The reduction in VAT is a temporary measure of support for businesses as a result of the Covid-19 crisis and will be in place until 31 December, 2021.
Negotiations to form a regular government continue today. There is agreement on the name of the next prime minister - Rosen Zhelyazkov from GERB-SDS, there is also agreement on the governance agreement. However, the talks are complicated by the..
The Speaker of the Bulgarian National Assembly Natalia Kiselova spoke with the US Ambassador to Bulgaria Kenneth Merten. Kiselova expressed condolences to the relatives of the US citizens who died during the devastating fires in Los Angeles ...
A unified water management authority is needed to solve the problems with water shortage. This was what caretaker Minister of Environment and Water, Petar Dimitrov, told bTV. Currently, water management is fragmented,..
A scientific team with Bulgarian participation has shown the presence of three exoplanets in one of the most interesting multi-planet systems discovered..
Bulgaria has no errors in the absorption of EU funds in agriculture and natural resources for 2023, according to the annual report of the European..
The Department ''Economics of Natural Resources'' and the Scientific Research Center for Agrarian Business and Nature Use at the University of National..
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