Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

National Assembly Committee on Budget and Finance approves lower VAT for restaurants and books

Photo: БТА

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.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Valérie Hayer

Renew Europe calls on the European Commission to urgently send a mission to Bulgaria

The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to Bulgaria to assess the rule of law situation and to freeze all payments under the Recovery and..

published on 10/22/25 6:12 PM

Young doctors to receive long-awaited pay rise

“At coalition level, we have decided to meet the demands of young doctors regarding salary levels,” said Kostadin Angelov, chair of the parliamentary health committee, at a meeting of the panel, as reported by BNR's Mila Mladenova. Young doctors..

published on 10/22/25 4:55 PM

PM Rosen Zhelyazkov has invited King Charles III to visit Bulgaria again

Bulgaria's Prime Minister Rosen Zhelyazkov has invited King Charles III to visit Bulgaria again , the Council of Ministers announced. The two spoke at the royal reception organized on the occasion of the Berlin Process summit in London , which..

published on 10/22/25 3:34 PM