Bread will not be taxed with VAT, the parliamentary budget committee, which is debating the second reading of the state budget update, has decided. The committee, however, rejected the proposal of GERB and Vazrazhdane parties to reduce the..
Value added tax (VAT) on sunflower oil, fruit and vegetables to be reduced to 9% for a year from 1 July i s the proposal of Parliament Agriculture Committee Chairman Plamen Abrovsky and his fellow members of There Is Such a People party. EUR..
The MPs approved, at first reading, the update of the state budget. As of 1 July a differentiated VAT rate is being put in place – for bread VAT will be zero, for natural gas supplies – 9% instead of the current 20%. VAT on wine and beer served at..
Bulgaria’s Premier Kiril Petkov called the anti-crisis measures amounting to EUR 1 billion “unprecedented”. The new measures will be included in the amendment of the state budget. The cabinet is expected to approve the measures at today’s sitting...
Members of the Bulgarian Hotel and Restaurant Association will meet early next week in the Sunny Beach resort to discuss their future actions after the government's announced the return of 20% VAT on beer and wine. The tax was..
0% VAT on bread for one year, updating of pensions by about 20% as of July 1 and higher tax breaks for families with children - these are some of the measures included in the so-called anti-crisis package approved by the coalition partners in the..
The Stand Up Bulgaria party was officially established today. Former Ombudsman Maya Manolova was elected as its leader. The newly-founded party is to start touring the country under the motto “A new social contract- you deserve more for your work”...
There is agreement within the ruling coalition on reducing VAT on the prices of bread, fruit and vegetables, Minister of Economy Korneliya Ninova said, adding that a zero VAT rate is even being debated. The Bulgarian Socialist Party is..
“ We Continue the Change is proposing a reduction of VAT on home-produced bread, fruit and vegetables,” Venko Sabrutev, deputy chair of the parliamentary budget and finance committee said for the BNR. A reduction of VAT on electricity is also being..
“The price of petrol should fall but the big players are making a big profit at a time of crisis,” Nastimir Ananiev from the ruling We Continue the Change said for the BNR. Ananiev demanded that the Commission on Protection of Competition check..
