Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of 2024, as has been the case for restaurant operators.
“Unless that happens we shall have to pay hundreds of thousands of leva to make up for the difference up to 20% because the tourist packages were sold last year, budgeting for a VAT rate amounting to 9% and we cannot update prices now,” said Dimitrina Goranova, chair of the Association of Bulgarian Tour Operators and Travel Agents in an interview with the Bulgarian news agency BTA.
A lower VAT rate was introduced three years ago as a temporary measure during the Covid pandemic but tour operators say they have not yet reached 2019 levels, and are insisting that the 9% VAT rate for the industry remain in place.
No nuclear weapons will be stored at the Graf Ignatievo airbase near Plovdiv . This was confirmed in a written reply by interim Defence Minister Atanas Zapryanov to a question from BSP MP Ivan Petkov. The new fighter jets at the base will be equipped..
Bulgaria's president has not refused to appoint a new ambassador to Ukraine, Rumen Radev's press service said. There was a proposal from the Denkov-Gabriel cabinet for an ambassador to Ukraine in October 2023, which the president had approved,..
Bulgarians drive more than their Balkan neighbours, averaging more than 21 000 km per year, according to a survey by CarVertical , reported by BGNES. They are closely followed by the Serbs, who drive an average of 20,028 kilometres per year, and the..
The best Bulgarian students in mathematics have won 5 medals by participating in the most prestigious mathematics competition in the world for 2024. At..
The former Bulgarian Minister of Defense Nikolay Nenchev will be temporarily in charge of the Bulgarian Embassy in Ukraine. This decision was taken by..
For the first time, the Bulgarian Antarctic base on Livingston Island will study in detail the pulsations in the Earth's ionosphere caused by solar..
+359 2 9336 661